Due to the Lastest economic trends, Govt to Revise the Budget Targets – Ukaaj.com | A great real estate is HERE !

Due to the Lastest economic trends, Govt to Revise the Budget Targets

  • 4 months ago
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The revisions being made as to the government team to a parliamentary panel.
The budget deficit was 6% previously of GDP before changed to 6.3% GDP now.
The International Monetary Fund (IMF), the government of Pakistan and the IMF for a controlled stance.

Following changes made in the economic team in Pakistan.

(PSDP) increased from Rs. 800 billion to Rs. 900 billion for this budget we are heading.

projections in the past showed targeted inflation at 6.5 % & budget deficit at 7 %, the actual economic stats show 9 % inflation & 7.2 % budget deficit.

April 13 approval of the BSP by the cabinet, some statistics had been observed that suggest beginning in the growth.
SAPM said that the IMF had also agreed in principle to cooperate on the growth and expansion objectives as long as the policy of austerity continues.
Out of Rs. 1.2 trillion COVID-19 funds, 350 billion was still unspent, & Rs. 200 billion will be spent next year.

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