The trade deficit has narrowed | Dr Abid Suleri

Amid the spiking global commodity prices, the oil and gas, Pakistan is likely to keep its economy performing and that too in the fiscal framework agreed with the International Monetary Fund. The member Economic Advisory Council, Dr. Abid Suleri says, the twin deficits due to fiscal and monetary gaps are narrowing down and the government has a cushion of about 250 billion rupees to offset the impact of rising energy prices. Please click the thumbnail below to watch the programme… The trade deficit has narrowed. This has led to an improvement in the current account balance. There is a tendency to improve revenue collection. After economic stabilisation, the country is now moving towards economic growth.

Leave a reply.