The current Account Surplus Of Pakistan is $881 Million

State Bank Of Pakistan (SBP)

KARACHI: The balance of payment has posted a current account surplus of $881 million during the initial eight months (July – February) of 2020/2021 as compared with a deficit of $2.74 billion in the corresponding months of the last fiscal year, BY State Bank Of Pakistan

According to a balance of payment data, information, the import/export imbalance swelled to $16.08 billion during the initial eight months of the current monetary year compared with the deficiency of $13.16 billion in the same months of the last fiscal year.

However, the deficit in services was limited to $1.13 billion during the time frame review compared with the lack of $2.3 billion in the initial eight months of the last monetary year.

The general balance on-exchange products and services posted a shortfall of $17.42 billion during July – February 2020/2021 compared with the deficiency of $3.83 billion in the relating time of the last monetary year.

Labourers’ settlements grew to $18.74 billion during the initial eight months of the current monetary year contrasted and $15.1 billion around the same time of the last financial year.

Balance of secondary income expanded to $21.54 billion during July – February 2020/2021 contrasted and $16.56 billion in the comparing time of the last monetary year.

BY Profitpk

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