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The first eight months witnessed an increase of 9.2pc in net federal revenue receipts to reach Rs2.188tr compared to Rs2.003tr of last year. AFP/File ISLAMABAD: Pakistan’s fiscal deficit has reached 3.5 per cent of GDP (Rs1.603 trillion) in first eight months (July-February) of current fiscal year even though the government boasts of having created over Rs1.7tr worth of fresh tax demand. The eight-month deficit is slightly lower than 3.7pc of GDP or Rs1.613tr of same period last year when the country finally posted 8.1pc of annual budget deficit one of the highest. In its April 2021 Monthly Economic Update and Outlook, the ministry of finance has raised concern on account of third wave of the Covid-19 pandemic threatening economic concerns and putting pressure on recovery, but said timely government decisions and small lockdown policy were helping the economy to keep its pace of recovery.

Committee on agricultureEconomic updateConsumer price indexFederal boardRegional tax officesLarge taxpayer officesCorporate tax officesFederal committeeபொருளாதார புதுப்பிப்புநுகர்வோர் ப்ரைஸ் குறியீட்டுகூட்டாட்சியின் பலகைபிராந்திய வரி அலுவலகங்கள்பெரியது வரி செலுத்துவோர் அலுவலகங்கள்பெருநிறுவன வரி அலுவலகங்கள்கூட்டாட்சியின் குழு