FY23 ended with 7.7pc deficit, not PDM’s claimed 7pc

FY23 ended with 7.7pc deficit, not PDM’s claimed 7pc
This handout photograph taken and released on June 9, 2023 by the Pakistan National Assembly, shows Pakistan's Finance Minister Ishaq Dar presenting the budget 2023-2024 in the national assembly in Islamabad. (AFP/File)
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Updated 18 August 2023
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FY23 ended with 7.7pc deficit, not PDM’s claimed 7pc

FY23 ended with 7.7pc deficit, not PDM’s claimed 7pc

August 18: DAWN reported The former PDM government left behind a massive fiscal deficit — the difference between income and expenditure — of 7.7 per cent of gross domestic product (GDP) while concluding the fiscal year 2022-23 on June 30, significantly higher than its claim of 7pc, according to official accounts. Read more I