ISLAMABAD, Mar 19 (APP):The current account deficit fell sharply in February, 2022 to $0.5bn, the lowest in FY22 and only one-fifth the level in January, a data released by State Bank of Pakistan (SBP) said on Saturday. The data shows that the current account deficit plunged from $2.53 billion in January 2022 to $545 million […]
current account deficit
PTI-led govt inherited elevated level of debt servicing over $10bn
LAHORE: When the PTI government came to power, Pakistan faced daunting challenges such as a high current account deficit which was brought down drastically due to the incumbent government’s sound fiscal policies. Now indicators point towards improvement in the national economy despite the outbreak of coronavirus pandemic in the country. All high-frequency data shows improvement […]