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Tag Archives: Current account deficit accelerates to $632m in May

Current account deficit accelerates to $632m in May


June 26, 2021

KARACHI: The country witnessed the sixth consecutive current account deficit (CAD) of $632 million in May, leaving a meagre $153m surplus in the first 11 months of the outgoing fiscal year (11MFY21), the State Bank of Pakistan (SBP) data showed on Friday. The continuous deficits — which began in December 2020 — consumed the benefit of surplus generated in the …

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