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Pakistan Current Account Deficit shrunk to $623 million in April 2022

admin-augaf by admin-augaf
May 20, 2022
in Business, Finance
Reading Time: 1 min read
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Pakistan Current Account Deficit shrunk to $623 million in April 2022
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Karachi May 20 2022: Pakistan Current Account Deficit shrunk to $623mn, in Apr 22 according to data published by State Bank of Pakistan.

Thi is only two-thirds of March 2022 deficit of $1015 million.

A rise in workers’ remittances by $315 million and a fall in imports by $246 milliom explain this reduction.

Cumulatively, CAD reached $13,779mn during Jul-Apr FY22.


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Tags: Current Account DeficitDeficiet
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