Tuesday, October 4, 2022
Tags Current Account Deficit

Tag: Current Account Deficit

Business

Pakistan’s current account deficit shrinks by 45%

News Desk - 0
Pakistan's current account deficit – the difference between the country's foreign expenditure and income – narrowed down by a staggering 45% to $1.2 billion...
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Business

Current account deficit skyrockets in May ’22

News Desk - 0
Pakistan’s current account deficit (CAD) was recorded at $1.4 billion in May 2022, showing a jump of 2.3 times when compared to a deficit...
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National

Pakistan needs $41bn to repay loan and counter budget deficit, says Miftah

News Desk - 0
Finance Minister Miftah Ismail on Tuesday said that the country needed $41 billion in the next 12 months. “We have to pay back $21 billion...
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Business

Current account deficit doubled in March, SBP data shows

News Desk - 0
The country’s current account deficit almost doubled in March to $1 billion compared to the preceding month, taking the total gap during the first...
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Business

Pakistan likely to face historic $20bn current account deficit

News Desk - 0
Pakistan is likely to face a historic record of $20 billion current account deficit due to rising international prices. The ongoing war between Russia and...
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Business

Pakistan’s current account deficit hits all-time high in January

News Desk - 0
Pakistan’s mon­thly current account deficit (CAD) hit an all-time high of $2.55 billion in January against $219m in the same month last year mainly...
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Business

Pakistan records $9bn current account deficit in first half of FY22

News Desk - 0
Pakistan posted the current account deficit (CAD) of $9.09 billion in the first half of the ongoing fiscal year as opposed to the $1.25...
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National

SBP governor Baqir sounds optimistic, says GDP to remain around 5%

News Desk - 0
State Bank of Pakistan (SBP) Governor Reza Baqir said on Tuesday that the current account deficit (CAD) is expected to increase for the next two...
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Business

PSX intraday crash: Index plummets nearly 1300 points, breaches 44,000 level

News Desk - 0
The benchmark KSE-100 index plunged and lost over 1200 points during the intraday trade, currently trading at 44,055.26. The drop comes in the wake...
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Business

Current account deficit down by 75 per cent YoY in February

Arshad Hussain - 0
KARACHI: The current account deficit (CAD) in February 2021 was down by 75 per cent year-over-year (YoY) to $50 million or 0.2% of the...
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