Fiscal Balance in Pakistan

Pakistan Fiscal Balance | Economic News & Forecasts

Pakistan - Fiscal Balance

Forward-looking estimates for FY 2020 (July 2019 to June 2020) showed the economy slowed significantly, as the coronavirus outbreak weigh heavily on activity. Economic growth is set to fall to a multi-decade low as private consumption shrinks considerably amid widespread containment measures from March onwards. Recent data corroborates the overall estimate, with exports halving in April amid slackening demand for Pakistani products, while markedly lower imports point to reduced domestic demand. However, remittances held up well in the same month, despite difficulties in major economies around the world. In other news, Moody’s placed its B3 rating under review for downgrade due to growing concerns about the serviceability of Pakistan’s private-sector debt obligations amid severe economic and financial shocks.

Pakistan - Fiscal Balance Data

2015   2016   2017   2018   2019  
Fiscal Balance (% of GDP)-5.3  -4.6  -5.8  -6.6  -8.9  

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Pakistan Fiscal Balance Chart

Pakistan Fiscal
Note: Fiscal balance as % of GDP
Source: IMF

Pakistan Facts

Value Change Date
Bond Yield11.000.0 %Jan 01
Exchange Rate154.9-0.05 %Jan 01

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