| GEO Business|
| Trade deficit likely to rise: SBP|
| Updated at: 1719 PST, Thursday, May 07, 2009|
KARACHI: Pakistanís trade deficit is likely to mount in the current fiscal as countryís export target is not going to be met this year.
This was highlighted in the Economic Update issued by the State Bank of Pakistan.
It said achieving the tax revenue target will be difficult and it appears that the target will be missed this year.
The Update underlined sticking to the IMF program in order to bring improvement in the economic condition of the country.