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.
According to the SBP, during 9MFY24, Pakistan’s current account deficit shrank to only $508m from $4.05bn in the same period last year. This was possible both due to a big rise in exports and an even bigger fall in imports — a slight increase in remittances played a tiny role. But...
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 ...
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, ...
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 ...
Referring to former finance minister Ishaq Dar, he said even those in the PMLN were aware that the current account deficit of $20 billion left by them necessitated tough adjustments that had resulted in high inflation, massive circular debt build-up, and artificial exchange rates. He reiterated ...
Budget surplus (+) or deficit (-) -5.8% (of GDP) (2017 est.)country comparison to the world: 178 Public debt 67% of GDP (2017 est.)67.6% of GDP (2016 est.)country comparison to the world: 56 Fiscal year 1 July - 30 June Inflation rate (consumer prices) 4.1% (2017 est...
23% current account deficit reduced in 8 months during current year. Ministry of Finance Installation of Treatment Plant IV contract could not be finalized Tax collection dismay circumstances DAILY EXPRESS Punjab Revenue Authority decision to use drone to stop tax evasion ...
Abid Hasan, a former World Bank economist who has worked in Pakistan, said: “The higher current account deficit will eventually turn into a crisis. This situation has to be managed before it gets out of control.”But the solutions — whether allowing the rupee to devalue to boost exports ...