ISLAMABAD: The Ministry of Finance has released an outlook report on the country’s economy.
According to the report, remittances, non-tax revenues and foreign direct investment declined while exports, imports and FBR revenues increased.
It added that the country’s annual inflation rate was 8.4 percent. Total foreign exchange reserves reached Rs27.3 billion.
The dollar exchange rate has reached Rs165.21 per dollar, the current account deficit has increased, tax revenue has increased by 42.5 per cent to Rs414 billion while non-tax revenue has declined by 12.3 per cent.
