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