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.

Pakistan’s remittance growth reaches 55% with $3.1bn in February
- 11 hours ago

Apple announces biggest update since iOS 13 with new OS versions
- 8 hours ago

ATC extends remand of Mustafa Amir murder suspect
- 12 hours ago

Top 2027 DE recruit Wesley reclassifies to 2026
- an hour ago

Dollar value drops in interbank market as rupee strengthens
- 12 hours ago

Shark attack claims life of Melbourne surfer in Western Australia
- 8 hours ago

Duke to No. 1 in men's poll for first time since '21
- an hour ago
Fatal bus accident in Johannesburg: 12 dead, dozens hurt
- 8 hours ago

WAPDA awards consultancy contract for Hydraulic Model Research Institute in Sheikhupura
- 11 hours ago

Source: Raiders expected to release QB Minshew
- an hour ago

Saquon: Other star RBs also 'need to get paid'
- an hour ago

DE Reddick reaches deal with Bucs, sources say
- an hour ago