Pakistan economy gets yet another blow despite measures from PTI government
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ISLAMABAD – Pakistan economy gets yet another blow despite the measures taken by the PTI government.
Pakistan’s current account deficit widened by 10 percent during the first two months of this fiscal year (FY19) compared to corresponding period of last fiscal year (FY18).
According to statistics of Balance of Payment (BoP) issued by State Bank of Pakistan (SBP) on Wednesday, the current account deficit witnessed further widening to $2.7 billion during first two months of current fiscal year as compared with the deficit of $2.477 billion in the corresponding period of the last fiscal year.
The current account deficit during the month of August has on a positive note, fallen down to $600 million, compared to a deficit of $2.17 billion in the month before, i.e. July 2018.
