Tag Archives: Pakistan posts $1.8bn CAD in FY21

KARACHI: The fiscal year 2020-21 ended with a large current account deficit (CAD) of $1.8 billion despite showing a surplus till the end of first 11 months (July-May) period of the year mainly driven by higher imports in the last month. The State Bank of Pakistan (SBP) data issued on Monday showed that the CAD in June reached $1.644bn, the …

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