Pakistan targets deficit of 6.54% in fiscal year from July ...Middle East

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Pakistan targets deficit of 6.54% in fiscal year from July
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Pakistan's government will target a budget deficit of 6.54% of economic output in the fiscal year starting on July 1, the finance minister said on Friday, slightly below the current year's revised estimate of 7%. Finance Minister Ishaq Dar announced the target during a speech to the national legislature on the government's annual budget. A source had said earlier in the day the budget was seen targeting a deficit of 7.7% of GDP for the 2023-24 fiscal year, which starts on July 1.

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