Finance Ministry Releases Economic Report July 2023 to July 2024

Transcript

00:00 July to December, the budget deficit increased by 43% to Rs. 2407 billion.

00:07 In the first six months of the year, the budget deficit was 2.3%.

00:12 What are the other details? Let's ask Shoaib Nizami.

00:16 The Ministry of Finance has issued a report for the last seven months.

00:21 The budget deficit has been issued for six months.

00:26 It says that the budget deficit increased by 43% last year.

00:31 Last year it was Rs. 1683 billion. Now it is Rs. 2407 billion.

00:35 However, the surplus is positive.

00:38 The surplus is Rs. 1812 billion.

00:41 Last year it was Rs. 890 billion.

00:44 However, the Pakistani sea has lost 3% of its share.

00:49 It is not 15.8 billion dollars.

00:53 Last year it was 16.8 billion dollars.

00:55 The current account deficit has improved by 71%.

01:01 Thank you, Shoaib Nizami.