Current account deficit jumps to $572mn in April 2020
KARACHI: Pakistan’s Current Account Deficit (CAD) increased sharply to $572 million (2.7% of GDP) in April-2020 from $9 million in March 2020. In the midst of lockdown, exports were the…
Current Account Deficits shrinks 80 percent to $367 million in December 2019
KARACHI: The Current Account Deficit (CAD) stood at $367 million (1.6% of GDP) in December 2019 – at similar levels when compared to $364 million (1.6% of GDP) in November…
Pakistan’s current account deficit widens to $1.66 billion in December
KARACHI: Pakistan’s current account deficit widened 37.3 percent to $1.66 billion in December 2018 as the trade balance remained in deficit driven by increases in goods imports while investment from…
Current account deficit jumps 3.5pc
KARACHI: Pakistan’s current account deficit (CAD) increased by 3.5% MoM during November 2018 to $1.255 billion (5.2% of GDP). A sharp 19.6% MoM drop in workers’ remittances was the major…