ISLAMABAD: Prime Minister (PM) Imran Khan has said Pakistan current account deficit has ended in the month of July.
He stated current account has swung to a surplus of 424 billion dollars.
PM tweeted Monday” “After current account balance posted deficit of $613 million in July 2019 and a deficit of $100 million in June 2020, in July 2020 current account balance swung upwards to a surplus of $424 million.”
He further said in his tweet, “This strong turnaround is a result of continuing recovery in exports, which rose 20 percent as compared to June 2020, and record remittances
He held Pakistan economy is moving on right track and country’s current account deficit has come to end.