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Preventing spike in commodity prices top priority: Hafeez
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Agreement b/w Pakistan, IMF entails economic benefits for country: Finance Minister
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In first half of 2019-20, the fiscal deficit had amounted to 2.3pc of GDP or Rs995bn. AFP/File
ISLAMABAD: Amid a record Rs1.138 trillion fiscal deficit in first half of the current fiscal year, the government has called the inaugural meeting of the 10th National Finance Commission (NFC) on Feb 18 to review overall fiscal position of the centre and the provinces.
The Ministry of Finance on Wednesday said the fiscal deficit as percentage of GDP stood at 2.5pc in first half (July-December) of 2020-21. The country witnessed 2.7pc of fiscal deficit during the same period in 2018-19 the first year under the PTI government. However, in absolute numbers the deficit had amounted to Rs1.030tr.
Government takes note of surging egg, ghee prices - Newspaper
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