Archive · Business Recorder
State of the economy: a mixed picture
EDITORIAL: Recent data releases indicate a marked improvement in critical macroeconomic indicators that reinforce the government’s view that stabilisation has been achieved. The current account deficit has narrowed by a whopping 34 percent during the first two months of the current year reflective of a rise in remittance inflows – a rise that was not projected, given the prevailing Middle East conflict. Reports suggest that this rise is partly attributable to emigrants from other countries leaving the Gulf States due to the war while Pakistanis continue their presence in the region coupled wit...
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