Tag: deficit
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Ireland Expecting a 19 Billion Defficit
Dublin, Jan 5 (AFP/APP): Ireland expects a EUR19 billion deficit for 2020 after an “unprecedented” slew of spending to offset the effects of the coronavirus crisis, the finance ministry said Tuesday. Finance minister Paschal Donohoe said the Republic had expected to deliver a surplus of around EUR2.5 billion ($3.1 billion) before the coronavirus pandemic upended…
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UN may run out of money by end of the month
United Nations Secretary General Antonio Guterres pointed out shortage of cash by the end of October
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Delay in Projects by NHA Causes Major Loss to National Exchequer
Islamabad (7th Sept, 2019): National Highway Authority (NHA) causes major loss to national exchequer by delaying projects. According to reports, NHA has delayed important projects which has caused a deficit of Rs.51 billion to the national exchequer. It has been reported that the NHA has forwarded a report to Murad Saeed, Federal Minister for Communications,…
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Current account deficit down by 32%
KARACHI 18th July: Pakistan’s current account deficit narrowed 32% to $13.59 billion in the fiscal year ended June 30, 2019 mainly due to a notable growth in inflow of worker remittances and reduction in import of goods and services. However, the country failed to achieve the deficit target both in relation to the country’s gross…