Pakistan's current account deficit falls by 29 percent
Pakistan's current account deficit falls by 29 percent.
ISLAMABAD (Dunya News) – Pakistan’s current account deficit (CAD) has fallen by 29% in first nine months of the fiscal year 2019 (FY19), Dunya News reported on Friday.
As per details, the country’s CAD stands around $9.588 billion. The current account deficit during July to March of last fiscal year amounted to $13.589 billion.
The current account deficit in March soared to $822 million, and amounted to $278 million in February 2019. The CAD in January to March stood at $1.973 billion vs $3.851 billion in October to December.
