Pakistan Posts a Current Account Deficit of USD 662 million in December

MG News | January 20, 2021 at 09:05 PM GMT+05:00

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January 20, 2021 (MLN): The current account balance turned negative in December 2020 as the country posted a deficit of USD 662 million compared to a revised surplus of USD 513 million in November 2020.

Compared to December 2019, the deficit increased by over 130 percent, as the deficit stood at 287 million.

The Current account surplus for Jul-Dec stood at USD 1,131 million compared to a deficit of USD 2,032 million from the corresponding period of the previous year.

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