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Pakistan to seek IMF bailout, stocks gain

Pakistan's foreign currency reserves have plunged 40% in 2018 to the lowest in almost four years. The nation is running twin current account and budget deficits of more than 5% of GDP

4 min read9 Oct 2018

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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