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The 2024–25 Pakistan Federal Budget is a financial statement of the government's estimated receipts and expenditures for the fiscal year that runs from 1 July 2024 to 30 June 2025. [ 1 ] [ 2 ] On 12 June 2024, finance minister Muhammad Aurangzeb presented the federal budget with a total outlay of Rs18.877 trillion. [ 3 ]
The budget included funding for a number of development initiatives to increase the nation's economic growth rate. The original outlays for the PDSP being estimated at Rs. 2.66 trillion for the development programme, which included a Rs 950 billion federal Public Sector Development Programme (PSDP), that was approved by the Annual Plan Coordination Committee (APCC). [5]
Current account-2.557 ... With a population of 254.4 million people as of 2024, Pakistan's position at ... The trade balance of payments indicated a deficit of 66 ...
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File information Description Source: Trading Economics, "Pakistan Current Account"; itself based on data from the State Bank of Pakistan (SBP).
Investor Yousaf Nazar on the current account deficit said it "surged again in the second half of the year, reaching $9.2 billion in the first six months of FY2021-22. The full-year deficit was $17.5 billion (4.7% of GDP). Additionally, the fiscal deficit rose to over 7% of GDP in FY2018-2019 and FY2019-2020."
Pakistan is facing a "huge external financing gap" of $4 billion, with China, Saudi Arabia, and the UAE expected to provide additional support. The IMF is seeking to fund its program and secure $7 billion for debt repayment, current account deficit financing, and increasing foreign exchange reserves. The talks between Pakistan and the IMF were ...
World map by current account balance (% of GDP), 2023, according to World Bank [1]. This is the list of countries by current account balance, expressed in current U.S. dollars and as percentage of GDP, based on the data published by World Bank, United Nations Conference on Trade and Development and Organisation for Economic Co-operation and Development.