KARACHI - The current account deficit of the country grew by 3 billion dollars during July-October, FY09 due to record hike in oil import bill and soaring trade deficit. Pakistan’s current account deficit surged to 5.9 billion dollars in
ISLAMABAD- Facing acute power shortages and possibly a terrible financial crunch, the ruling Pakistan People's Party also seems shaky on doing away with 17th Constitutional Amendment and the Article 58-2(b). President Asif Ali Zardari,
OTTAWA (AFP) - Canada registered a deficit of 1.7 billion dollars (1.3 billion US) in August but maintained a narrow surplus after the first five months of its fiscal year, the finance ministry said. The August gap is far deeper than the