Karachi (Web Desk): Pakistan’s current account deficit (CAD) dropped to $0.2 billion in January 2023, down 90% from last year, the central bank said on Monday.
Current Account Deficit (CAD) recorded $ 0.2 billion in Jan 2023 against a deficit of $2.5 billion in Jan 2022. https://t.co/q3LNv3HgLshttps://t.co/Od8ikVvpBF pic.twitter.com/C3v9k4pZDb
— SBP (@StateBank_Pak) February 20, 2023
During the first seven months of the current fiscal year, the country’s current account deficit decreased by 67% to $3.8 billion, compared with a deficit of $11.6 billion during the same period last year.