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Pakistan’s income-expense gap widens to Rs 1.8 trillion causing budget deficit

Islamabad [Pakistan], January 20 (ANI): Pakistan’s federal budget deficit in the first half of the current fiscal year shot up to Rs 1.8 trillion, a 29 per cent jump compared to the same period of the previous year, despite a slowdown in development spending and double-digit growth in revenues.
The budget deficit the gap between federal income and expenditures was provisionally recorded at Rs1.8 trillion, or 3.3 per cent