Abb Takk News

SBP releases Quarterly Economic Financial report

ISLAMABAD: State Bank of Pakistan has released Quarterly Economic Financial Report 2015.

According to details, State Bank has submitted third Quarterly report of Central Board of Directors to the Parliament, according to which there has been enrmous improvement in the economic environment of the country at the end of third quarter of current fiscal year.

It has been stated in the report that there was a minor deficit during July to March and GTP rate has reached to 3.8 percent, while it was 3.9 percent during same period last year. FBR Tax receivables have increased by 12.7 percent, while overall expenditures have increased by 8.3 percent.