Business
Pakistan's current account deficit swells 59pc to $2.28 billion in June
Cumulatively for fiscal year FY22 the current account deficit clocked in at $17.4 billion
Karachi: Pakistan's current account deficit for June this year has reached $2.28 billion, that is 59 per cent more than $1.43 billion of May.
According to the State Bank of Pakistan (SBP) on Wednesday, cumulatively for fiscal year 2021-22 (FY22), the current account deficit clocked in at $17.4 billion, a massive 517% increase on a yearly basis when compared with the figure of $2.82 billion during FY21.