Tuesday, October 4, 2022
Tags Current Account Deficit

Tag: Current Account Deficit

Pakistan’s current account deficit shrinks by 45%

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...

Current account deficit skyrockets in May ’22

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...

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

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...

Current account deficit doubled in March, SBP data shows

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...

Pakistan likely to face historic $20bn current account deficit

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...

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

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...

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

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...

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

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...

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

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...

Current account deficit down by 75 per cent YoY in February

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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