What's new

Current Account Surplus for First Time in 4 Years in October 2019

. . .
November 18, 2019 (MLN): Pakistan’s current account balance in October turned positive as the country posted a surplus of USD 99 million against a deficit of USD 1.28 billion in October 2018.

According to data released by the State Bank of Pakistan, the Current account deficit for July-Oct was USD 1.474 billion compared to a deficit of USD 5.567 billion during the corresponding period from last year.

https://mettisglobal.news/pakistan-posts-current-account-surplus-of-usd-99-million-in-october

p.s: had also made a thread on same topic, hope that can be deleted/merged.
 
. . . . .
At macro level, things do look stable and improving but this needs to be translated at micro level as well like prices of food and other daily use commodities going down.
 
Last edited:
. . . . . . .

Latest posts

Back
Top Bottom