Tag Archives: Deficit

Entertainment deficit

For a country where the highest viewership is for talk shows and the only external entertainment source is restaurants, a lack of diversity of thought and action become natural. Why do a

FY12 deficit projection at Rs975b

With the unveiling of Balochistan Budget the overall consolidated Provincial Budget balance is expected to report a deficit of Rs5.6 billion whereas the Federal Budget is forecasting a surplus of Rs125 billion.

Putin pokes fun at US budget deficit

MOSCOW – Vladimir Putin on Wednesday needled the United States for running an outsized budget deficit and running deep into debt in comments touting his own economic achievement as Russian prime minister.
“Look at their trade balance, look at the budget deficit, at the debt of the United States,” Russia’s de facto leader said in closing comments to his annual address to parliament. “We have none of that — and, I hope, we never will,” Putin said to a strong round of applause.

Trade deficit narrows 2.2 percent

KARACHI – The country’s trade deficit has narrowed down by 2.24 percent or $184 million during the first nine months of the current financial year. The country’s economic managers might be drumming the victory beats on the back of healthy inflows of dollars on account of exports and home remittances that put country’s external sector in green – witnessing a surplus of $1.6 billion in July-February of FY11. A robust growth in exports and relatively lower imports are believed to have

Trade deficit casts a long shadow

KARACHI – A hefty trade deficit of Pakistan had eroded the inflow of remittances and the impact of growth in exports in nine months of the current financial year. From July 2010 to March 2011, the country had sustained a trade deficit of $11.21 billion with exports amounting to $17.80 billion while imports expanded to $29.01 billion.
In the nine months of the current fiscal period, the country had received $6.54 billion remittances ($900 million more than the corresponding

China posts first quarterly trade deficit in seven years

SHANGHAI – China said Sunday it had posted its first quarterly trade deficit in seven years, despite a narrow surplus in March, as rising commodity prices pushed manufacturers’ costs higher.
China recorded a small trade deficit of $1.02 billion for the first quarter, its first since the beginning of 2004. But analysts said a large trade surplus was expected for the full year as its exports tend to grow later in the year.
“China’s demand is strong and the prices of bulk