Pakistan’s current account deficit for the month of January 2021 clocked in at US$ 229 million as per Statement released by State Bank of Pakistan.

The deficit in January 2021 was $423 million lower than the December 2020 figure.

Cumulatively, in the first seven months of the current fiscal year, the current account stood in a surplus of US$ 912 million as compared to a current account deficit of US$ 2.54 billion for the same last financial period.

The trade deficit in the first seven months of this fiscal year was recorded at US$13.74 billion. The trade deficit increased by $ 2.14 billion over the same period last fiscal year.

In the first seven months of the current fiscal year, Foreign remittances were of US$16.47 billion were received. The value of remittances increased by 3.2 Dollars over the previous fiscal year.

The following two tabs change content below.


Please enter your comment!
Please enter your name here