Pakistan’s current account deficit clocked in at $1.03 billion in March2022, compared to $369 million recorded in the same period of the previousyear, showed data released by the State Bank of Pakistan (SBP) on Saturday.
Updated figures of the SBP reveal that the current account deficit stood at$519 million in February 2022. Hence, the current account deficit for March2022 is 98% higher on a monthly basis.
However, the SBP said a “turnaround in the current account” has continuedas a deficit of $1 billion is lower than the average during FY22.
