Business
Pakistan's current account becomes surplus
The SBP also stated that country's current account was in a deficit of 184 million dollars in October.
Islamabad: The good news about Pakistan's economic situation has come out as according to the State Bank of Pakistan (SBP), the current account of Pakistan has become surplus for the first time in six months.
According to State Bank, Pakistan's current account deficit has decreased by 64% on an annual basis. In November, the country's current account was in surplus of $9 million.
The SBP also stated that country's current account was in a deficit of 184 million dollars in October. In the first five years of the current financial year, the current account deficit was 1.16 billion dollars.
In the first five months of the last financial year, the country's current account had a deficit of 3.26 billion dollars.