Current account deficit narrows in Jan: SBP

Current account deficit narrows in Jan: SBP

Business

CA deficit in December 2023 was more than $404 million while the deficit from July to Jan was $1bn

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KARACHI (Dunya News) – The State Bank of Pakistan (SBP) has released details of narrowing current account (CA) deficit during the month of January 2024.

According to the SBP spokesperson, the deficit in January 2024 was $26.9 million and the CA in January 2023 stood $16.7 million.

Read also: Pakistan current account deficit shrinks to $831m in July-Dec 24 against $3.63bn last year

The CA deficit in December 2023 was more than $404 million while the deficit from July to Jan was $1billion.