Fiscal deficit at record high of 8.9pc in FY19
Karachi, August 27, 2019: The Government has reported 4QFY19 fiscal deficit of 3.9 percent of GDP, taking full-year FY19 deficit to 8.9 percent of GDP or Rs3.4 trillion vs. 6.6 percent or Rs2.2 trillion in FY18 which is a record high. Previous high deficit was seen in FY12 at 8.8 percent. The numbers are different…