Current Account Deficit declines by 71% to $1.09 bn
The Current Account Deficit (CAD) has significantly slid down by 71.2 percent to $1.093 billion during the first seven months of the current fiscal year as compared to the deficit of $3.796 billion during the same period of last year, State Bank of Pakistan (SBP reported Monday. “Current account balance (CAB) showed a deficit of […]
ہائی رولر سلاٹ مشین بونس,جیک پاٹ ایڈونچر گیم,اعلی ادائیگی کے ساتھ بونس سلاٹ گیمز,سلاٹ مشین کی ادائیگیوں کو محفوظ بنائیں
The Current Account Deficit (CAD) has significantly slid down by 71.2 percent to $1.093 billion during the first seven months of the current fiscal year as compared to the deficit of $3.796 billion during the same period of last year, State Bank of Pakistan (SBP reported Monday. “Current account balance (CAB) showed a deficit of $269 million in Jan 2024. Cumulatively, CAB improved significantly to a deficit of $1.1 billion in Jul-Jan FY24 compared to $ 3.8 billion in Jul-Jan FY23,” SBP posted on the social media website X (formerly Twitter). On a year-on-year basis, the CAD witnessed a deficit of $269 million in January 2024 compared to a deficit of $167 million in January 2023. According to the latest SBP figures, the merchandize trade deficit during July-January (2023-24) was recorded at $11,783 million as compared to the deficit of $17,032 million in July-January (2022-23). Likewise, the services’ trade deficit was recorded at $1,720 million during FY2023-24 compared to the deficit of $233 million during the corresponding period of last year. The overall trade deficit in goods and services was recorded at $13,503 million during the current fiscal year compared to the deficit of $17,264 million during last year.
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