Posts tagged as: fiscal year

Pakistan trade deficit mounts to $ 1.6bn in July alone

Islamabad: (Saturday, August 11, 2012) Pakistan’s trade deficit in the first month of the ongoing fiscal year, July, has mounted to $ 1.6 billion. The current trade deficit is 4.7 percent higher than the figures for similar month the previous year. While explaining the increasing trade deficit phenomenon, Pakistan Statistics Department said that the pace […]

Budget paper foresees five major challenges for FY 2012-2013

Budget paper foresees five major challenges for FY 2012-2013 Islamabad: (Tuesday, April 17, 2012) The budget paper prepared by the ministry of finance has identified five major challenges for the next year’s federal budget. The biggest one of these challenges, as anticipated, is the country’s poor performance on fiscal front that is to hit even […]

Pakistan trade deficit widens by 41 percent; first eight fiscal months observe $ 14.6 billion loss

Pakistan trade deficit widens by 41 percent; first eight fiscal months observe $ 14.6 billion loss Karachi: (Tuesday, March 13, 2012) Pakistan’s trade deficit is widened by 41 per cent, and the loss incurred in last eight months of the ongoing fiscal year has reached to $ 14.6 billion. During same period, the last year’s […]

Demands rise in a number of domestic sectors across the country

Sales volume and value have increased in various important sectors in the initial five month of the current fiscal year (from July to November). It was reported on Wednesday that the domestic demand in the auto sales, oil consumption, cement sales, fertilizer usage and real estate has significantly risen in the last five months. Chief […]

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