KARACHI  - Pakistan’s fiscal deficit for the first six months of the fiscal year 2011/12 (July-June) was 2.6 percent of gross domestic product (GDP), a Finance Ministry official told Reuters on Friday.This compared with a deficit of 2.9 percent of GDP in the same period the previous ...

ISLAMABAD - By adopting tight cash release policy and healthy revenue collection, the government had curtailed fiscal deficit at around 2.6 per cent of GDP during the first half (July-December) of the ongoing financial year 2011-12, said a top official of the Finance Ministry. The government has ...