World Trade

The current account deficit reached 4.7% of GDP, 13 13.8 billion

Islamabad: The current transaction deficit has widened to 4.7 percent of GDP for the first four months of the current financial year, while the trade deficit has reached a record level of 0.8 13.8 billion.

During the first four months of current financial years, exports, including imports, FBR income, money transfer, exports and large industrial production have increased, however, non-tax income and foreign investment declined. .

The Ministry of Finance has released a monthly updated outlook report on the national economy. According to the report, the transfer of money so far this fiscal year has been recorded at 10.6 billion with an increase of 11.9 percent. Is lost
In the first four months, the trade deficit reached 0.8 13.8 billion, while the current account deficit increased 5.1 billion. Foreign exchange reserves decreased to more than 22.98 billion on November 23, and the dollar exchange rate reached the hospital. 174.30 per dollar, while tax revenues increased 36.8% to RS.

Non-tax income fell 27.4 percent in July to Rs 249 billion, Rs 392.7 billion was approved in four months in terms of PSDP and on September 3, the fiscal deficit widened to Rs 438 billion, agricultural loans increased 6.5 percent to 6.5 percent. Rs 381.3 billion. In October, the monthly inflation rate was recorded at 9.2 percent.

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