Pakistan’s current account deficit (CAD) for February declined 75 per cent year-on-year (YoY) and 76pc month-on-month (MoM) to $50 million, compared to a deficit of $197m in Feb 2020 and $210m last month. This marks the third consecutive month the current account has recorded a deficit, after registering a surplus for five months in a row. Overall, during the first …
Read More »Pakistan’s current account deficit nosedives 76pc to $50m in February
March 22, 2021