The government unveiled the Economic Survey 2018-19 – a report card displaying all economic indicators and how the PTI performed in its first year in power amid difficult conditions domestically as well as globally. Major challenges during the current fiscal year 2018-19 ending June 30, were runaway imports and swelling trade and current account deficits. Revenue collection also remained unsatisfactory with the shortfall widening to Rs440 billion in first 11 months (July-May) in the current fiscal year. The reserves of the central bank fell from $18 billion to $9 billion in two years. The current account deficit reached to a record high of $20 billion and the trade deficit rose to Rs32 billion.
Source: The Express Tribune June 10, 2019 12:40 UTC