HomeEconomyCurrent Account Deficit Falls by 63% in Q1 FY 2019-20

Current Account Deficit Falls by 63% in Q1 FY 2019-20

Pakistan’s current account deficit has decreased for the first quarter of this financial year (2019-20), going down 63.8%. This is all thanks to the reduction in the trade gap between imports and exports.

According to the State Bank of Pakistan, the current account deficit has narrowed to $1.548 billion in July to September 2019 as compared to $4.287 billion recorded last financial year, showing a massive difference of $2.739 billion

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