Shehbaz Sharif terms historic budget deficit as denial of govt claims.

LAHORE -- Opposition Leader in the National Assembly Shehbaz Sharif has termed the historic budget deficit as denial of the government claims.

In a statement on Saturday, he said that the increase of the budget deficit By: 10 percent than the GDP is matter of great concern than coronavirus. He said that the circular debt has also reached Rs210 billion.

He said that the government's claim of being the budget deficit at 7.1 had proved wrong. 'Now it has proved that it is 9.1%. According to economists, it will be 10 per cent of the GDP,' he added.

The PML-N leader said that the budget statistics show that the deficit had already reached the highest level before the budget. 'The government has failed to control the circular debt in addition to the...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT