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current account deficit

“There is a risk of default if the current account deficit is not controlled,” Miftah PTI had given four deficit budgets, Pakistan’s trade deficit will be the largest in history.

2022-06-27
On: June 27, 2022
In: Breaking News
Tagged: current account deficit, FM Miftah Ismail, PTI Government, risk of default

ISLAMABAD ( Web News) Federal Finance Minister Miftah Ismail on Sunday warned that there is a risk of default if the current account deficit is not controlled. In a statement, Miftah Ismail said that PTI had given four deficit budgets during its tenure and this year, Pakistan’s trade deficit willRead More →

Current Account Deficit declines sharply in February Imports fell by 18% to their lowest level in FY22,” the SBP said on its official twitter handle.

2022-03-20
On: March 20, 2022
In: Breaking News
Tagged: $2.53 billion in January, $545 million in February, current account deficit, fell sharply in February, State Bank of Pakistan

Current Account Deficit declines sharply in February ISLAMABAD ( Web News ) The current account deficit fell sharply in February, 2022 to $0.5bn, the lowest in FY22 and only one-fifth the level in January, a data released by State Bank of Pakistan (SBP) said on Saturday. The data shows thatRead More →

Pakistan’s CAD Widens To Above $11.5 Billion In Seven Months Of 2021-22 In the month of January 2022, Pakistan’s CAD rose to $2.6 billion, from $1.9bn in December 2021

2022-02-25
On: February 25, 2022
In: Breaking News
Tagged: $11.5 Billion, current account deficit, Pakistan, SBP forecasts, trade deficit

Pakistan’s Current Account Deficit Widens To Above $11.5 Billion In Seven Months Of 2021-22 Sharp increase in the current account deficit in January-2022 negates the government and the SBP forecasts of reduction in CAD from Jan-June 2022. ISLAMABAD ( Web News ) The current account deficit of Pakistan has widenedRead More →

Nevertheless, the economic expansion may go along with a current account deficit

2021-10-29
On: October 29, 2021
In: Breaking News
Tagged: current account deficit, during Q1 FY2022, economic expansion, fiscal deficit restricted, tax collection

Nevertheless, the economic expansion may go along with a current account deficit, All this augurs well for sustaining the momentum of tax collection achieved during Q1 FY2022, According to the report, by the end of first two months of fiscal year 2021-22, the fiscal deficit restricted to almost same levelRead More →

Current Account Deficit Widens To $3.4 Billion In First Quarter Of FY22

2021-10-20
On: October 20, 2021
In: Breaking News
Tagged: current account deficit, first quarter (July-Sept 2021), increase in CAD to $3.4 b, Pakistan, State Bank of Pakistan

Current Account Deficit Widens To $3.4 Billion In First Quarter Of FY22 In the month of Sept-2021, the quantum of current account deficit has squeezed in comparison with Aug-2021 ISLAMABAD ( JAVED MAHMOOD ) The current account deficit of Pakistan in the first quarter (July-Sept 2021) period of this fiscalRead More →

Foreign reserves and Exports have been at the highest level. Federal Cabinet

2021-08-03
On: August 3, 2021
In: Breaking News
Tagged: current account deficit, federal cabinet, Kamyab Pakistan Program, Naya Pakistan Housing, PM Imran Khan

Kamyab Pakistan Program will be launched on August 9, 2021.   The Cabinet was informed that the current account deficit has been $1.9 billion Briefed the Cabinet on the progress made so far on electronic voting machines 2.7 million loan will be availabale for the Naya Pakistan Housing Authority project ISLAMABADRead More →

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Telecom

Ericsson and MediaTek expand 5G deployment options for CSPs with flexible Carrier Aggregation solution

Telecom

Jazz invested PKR 52 billion to expand & upgrade its network in FY22

Gang of criminals using old locked profiles of Uber Drivers to drive with Uber and snatching goods from passengers.

https://www.youtube.com/watch?v=zk3dU7fN26E

Commerce and Industry

DMA assures to address encroachments and other issues of traders

DMA assures to address encroachments and other issues of traders ISLAMABAD  ( Web News  ) The encroachment in markets are creating hurdles in smooth growth of business activities and DMA should take the concerned market associations on board to remove all encroachments from the local markets. This was said by

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Education

IIUI PRESIDENT HOLDS MEETING WITH DIFFERENTLY ABLED STUDENTS

ISLAMABAD (WEB DESK) President, International Islamic University, Islamabad (IIUI) H.E. Dr. Hathal Homoud Alotaibi, held an interactive meeting with the differently abled male and female students studying in various departments of the university. Worthy President said that if any of these students face an issue he/ she must directly approach

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