Abb Takk News

Current Account Deficit Reduced by 72%: Finance Ministry

ISLAMABAD: Finance Ministry says the economy of the country is moving progressively on adjustment and stabilization path due to the government’s extensive measures.

In a statement today (Thursday), Spokesperson of the Ministry said the government is focused on bringing improvement in the real sector growth through inclusive growth in agriculture, industrial and services sectors.

The ministry claimed that the current account deficit fo the country reduced by 72.9 per cent while the finance deficit has reduced to only 1.6. it also said FBR has recovered Rs 2085 billion as tax so far.

It said the government is also effective working to meet challenges reducing inflation, creating job opportunities and achieving high growth rate.

The statement said keeping in view the positive developments on major economic indicators, the economy is likely to achieve better growth prospects as against the projections of World Bank.