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Tag Archives: Pakistan’s current account deficit nosedives 76pc to $50m in February

Pakistan’s current account deficit nosedives 76pc to $50m in February


March 22, 2021

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 …

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