Tag Archives: Current account deficit shrinks by 4.4pc

KARACHI: The government found another reason to sigh with relief on Thursday as the crucial current account deficit (CAD) slipped slightly by 4.4 per cent to $7.98 billion, driven by a fourth quarter decline of 10 per cent, according to data released by the State Bank of Pakistan (SBP). The CAD lies at the heart of the economy’s difficulties since …

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