GNN on Google Play Store GNN on Apple App Store
Connect with us

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.

Published

11 months ago

on

By

Pakistan's current account becomes surplus
Pakistan's current account becomes surplus

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.

Continue Reading

Trending