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Associated Press Of Pakistan Timely steps netting current account deficit: PM
ISLAMABAD, March 19 (APP): Prime Minister Imran Khan Saturday said that the government’s timely actions to contain the current account deficit bore fruits as the monthly deficit shrank to the lowest figures of $0.5 billion in February, during the current fiscal year.
In a tweet, the prime minister further said that country’s exports had been close to all-time high with imports nosediving by 21 percent.
“Timely actions to contain current account deficit bear fruit. Deficit shrank to only $0.5bn in Feb,$2bn lower than in Jan & lowest monthly deficit so far this fiscal yr (year). Exports close to all-time high & imports down 21% from their peak & strong growth in large scale manufacturing,” he posted on his Twitter handle.
Timely actions to contain current account deficit bear fruit.Deficit shrank to only $0.5bn in Feb,$2bn lower than in Jan & lowest monthly deficit so far this fiscal yr.Exports close to all-time high & imports down 21% from their peak & strong growth in large scale manufacturing.
— Imran Khan (@ImranKhanPTI) March 19, 2022This post Timely steps netting current account deficit: PM first appeared on Associated Press Of Pakistan and owns the property.