Fiscal Balance in Pakistan
Pakistan - Fiscal BalanceThe economy is showing signs of stabilization, with the large current account deficit narrowing by almost one fifth in July–January compared to the same period a year earlier, primarily due to higher remittance inflows from abroad and a reduction in the trade deficit. However, public debt continued to rise to record levels in January, while manufacturing output in July–December decreased in annual terms. Meanwhile, Finance Minister Asad Umar said on 17 March that the cash-strapped government has now entered the final stages of negotiations with the International Monetary Fund over a financial assistance package widely expected to be worth approximately USD 12 billion.
Pakistan - Fiscal Balance Data
|Fiscal Balance (% of GDP)||-8.2||-5.5||-5.3||-4.6||-5.8|
5 years of economic forecasts for more than 30 economic indicators.
Pakistan Fiscal Balance Chart
|Bond Yield||13.12||0.0 %||Mar 20|
|Exchange Rate||140.1||-0.05 %||Mar 20|
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