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 ...
A look at Pakistan's current fiscal year 2024-25 budget helps gain insights into how the country is run. It shows the money flows from the key sources of revenue and the nation's spending priorities. Total planned federal spending for the current fiscal year is Rs.18,900 billion (about ...
In a report published by the agency on the progress of Pakistan's economy, Moody's said the country's foreign exchange reserves had significantly improved and its current account deficit was also under control. The report added that the issuance of euro bonds had given a support of $2 billio...
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
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 ...