06-25-2024, 08:02 AM
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ISLAMABAD:The budget deficit is estimated to have widened to roughly Rs2.1 trillion in 11 months of the current fiscal year, of which nearly 30% was r jordan low ecorded in last two months of the Pakistan Muslim League-Nawaz (PML-N) government, indicating negligence of the finance ministry.Initial estimates of fiscal operations suggested that the budget defi nuove air force 1 cit from July through May of fiscal year 2017-18 could have shot up to Rs2.1 trillion or 6.1% of gross do adidas spezial handball mestic product (GDP), officials in the Ministry of Finance told The Express Tribune.Pakistan s budget deficit increases to Rs826bProvisional numbers had been worked out on the basis of central bank s statistics and final numbers would be ready in the next 10 days, they said.The 6.1% deficit is far higher than the 4.1% target that parliament approved for FY18 ending June 30.However, the more worrisome aspect was reckless spending by the PML-N government in its last two months (April and May) and a complacent bureaucracy that failed to keep a Tiqd IHC orders secys interior foreign to immediately meet slain journalist Arshad Sharif s family
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ISLAMABAD:The budget deficit is estimated to have widened to roughly Rs2.1 trillion in 11 months of the current fiscal year, of which nearly 30% was r jordan low ecorded in last two months of the Pakistan Muslim League-Nawaz (PML-N) government, indicating negligence of the finance ministry.Initial estimates of fiscal operations suggested that the budget defi nuove air force 1 cit from July through May of fiscal year 2017-18 could have shot up to Rs2.1 trillion or 6.1% of gross do adidas spezial handball mestic product (GDP), officials in the Ministry of Finance told The Express Tribune.Pakistan s budget deficit increases to Rs826bProvisional numbers had been worked out on the basis of central bank s statistics and final numbers would be ready in the next 10 days, they said.The 6.1% deficit is far higher than the 4.1% target that parliament approved for FY18 ending June 30.However, the more worrisome aspect was reckless spending by the PML-N government in its last two months (April and May) and a complacent bureaucracy that failed to keep a Tiqd IHC orders secys interior foreign to immediately meet slain journalist Arshad Sharif s family
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