Pakistan recorded a Current Account deficit of 62 USD Million in the second quarter of 2024. This page provides - Pakistan Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Ismail is the fifth finance minister to be replaced in less than four years as Pakistan's economy has witnessed persistent turbulence while its current account deficit has widened starkly and rising inflation has put pressure on both families and businesses. Adding to the crisis, ...
After five months of surplus, Pakistan’s current account posted a dramatic drop in December 2020, with the State Bank of Pakistan on Wednesday saying the past year had ended with a deficit of $662 million, primarily due to a boost in imports. Just a month earlier, the current account ...
People buy items at a shop in southern Pakistani port city of Karachi on April 7, 2022.(Str/Xinhua) The development came after the Pakistani rupee continued to sink over the past few weeks, hitting a historic low value of 200 against the U.S. dollar in the inter-bank market on Thursday...
Oil imports almost doubled to $14.8bn for 9 months from July 2021 to March 2022. This $7.3bn increase in oil imports represented 55% of the current account deficit of $13.2bn for the period. The energy crisis lies at the core of the recent deterioration in Pakistan’s reserves an...
This study investigates the determinants of the current account deficit in Pakistan by using the annual time series data for the period from 1976 to 2010. The cointegration results suggest the positive and significant long run relationship of the current account deficit with the exchange rate, trade...
PAKISTAN: Current account deficit likely to have reached USD5.5bn in 2005/06 as import surge continues and exports fall short of target; privatisation to b... Anonymous - 《Hilfe Daily Briefing》 被引量: 0发表: 2006年 Dynamics of Current Account Deficit: A Lesson from Pakistan This study ...
s current account balance since FY 2000 shows that it has remained in the negative, except for FYs 2004-05 and 2005-6. The current account deficit in FY 2018 was 4.2 % of GDP which increased to 4.6% in FY 2021-22 but narrowed down in FY 2022 and 2023 due to the import compression...
The State Bank of Pakistan on Tuesday increased the benchmark interest rate by 100 basis points to 9.75%, maintaining this will counter inflationary pressures, address the widening current account deficit, and ensure that economic growth remains sustainable. ...
Textiles account for most of Pakistan's export earnings. Pakistan will be in a position to reap its demographic dividend of a large working age population, provided it is able to keep its current account deficit in check, expand investment and work in ar