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Pakistan July-September Fiscal Deficit Widens To PKR223.67 Billion



KARACHI -(Dow Jones)- Pakistan's fiscal deficit widened to PKR223.67 billion in the three months to Sept. 30 from PKR137.87 billion a year earlier, official data showed Thursday.

The fiscal gap translates to 1.5% of the estimated gross domestic product in the financial year through June 2010, up from 1.0% in the same period last year, according to data posted on the Web site of the Ministry of Finance.

Total revenue rose 11% to PKR427.2 while total expenditure increased 24.5% to PKR650.9 billion.

-By Haris Zamir, contributing to Dow Jones Newswires; 91-11-4356-3311; neelabh.chaturvedi@dowjones.com


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