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Today's Paper | March 18, 2026

Published 09 May, 2020 06:59pm

Pakistan's fiscal deficit to surge, tax revenue to miss target this year: Hafeez Sheikh

Pakistan’s fiscal deficit will surge to nine per cent in the ongoing fiscal year, Adviser to the Prime Minister on Finance Dr Abdul Hafeez Sheikh has said, as the economy reels from the fallout of the coronavirus crisis.

“Revenue has taken a hit. Exports have taken a hit. Remittances have taken a hit, and, above all, our people are suffering,” Sheikh said.

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