32472
Pak C/A Deficit Shrinks
World Economy

Pak C/A Deficit Shrinks

Pakistan’s current account deficit amounted to a little more than $1 billion in July-November, according to data released by the State Bank of Pakistan, AAP reported. The current account deficit shrank 59%, or $1,452 million, year-on-year in the first five months of the fiscal year, in comparison to $2.4 billion in the same five-month period of the preceding fiscal year. The improvement in the current account balance in the last five months was mainly due to shrinking trade deficit in both goods and services. It amounted to $8.1 billion in Jul-Nov as compared to almost $10 billion recorded over the same period of last year.

 

Short URL : http://goo.gl/J91KiO
  1. http://goo.gl/oeYWdg
  • http://goo.gl/PjsEIs
  • http://goo.gl/VfBubG
  • http://goo.gl/AP7P9t
  • http://goo.gl/vRq3IJ

You can also read ...

Both, Russia and China, have intensified efforts in recent years to settle bilateral trade not in US dollars, but in rubles and yuan. Gold is considered important by both countries.
The issue of when a global reserve currency begins or ends is...
Janet Yellen
As the Fed starts unwinding the stimulus it provided to snap...
Norway’s Sovereign Wealth Fund  Hits $1 Trillion
The Norwegian sovereign wealth fund, the largest in the world...
Ukraine Raises $3b in First Bond issue
Ukraine has raised $3 billion in its first sovereign bond...
Kazakh Economy Grows by 4.3%
The economic growth in Kazakhstan was at 4.3% since the...
London, Frankfurt and Paris fluttered between flat to slightly lower after eight days of gains.
Record-high world stocks paused on Tuesday and the dollar...
The IMF could write off its debt and lighten Greece’s burden.
“Beware of Greeks bearing gifts,” wrote the ancient Roman poet...
Hungary CB Rate on Hold
The Monetary Council of the National Bank of Hungary, or MNB,...

Trending

Googleplus