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Cash-starved Pakistan’s current account deficit shrinks 90% to $0.24 billion in January

20 February 2023 by Admin

Cash-starved Pakistan’s current account deficit shrinks 90% to alt=

Cash-strapped Pakistan’s current account deficit shrank 90.2 per cent to USD 0.24 billion in January from USD 2.47 billion in the same month last year, the data shared by the State Bank of Pakistan (SBP) showed on Monday. “Current Account Deficit (CAD) recorded USD 0.2 billion in Jan 2023 against a deficit of USD 2.5 … Read more

Pakistan central bank criticises Shehbaz Sharif government’s policy of prioritising growth over price, financial stability

24 December 2022 by Admin

Representational image only. | Photo Credit: Twitter/@StateBank_Pak Pakistan’s central bank has criticised the cash-strapped Shehbaz Sharif government for prioritising growth at the expense of price and financial stability. The State Bank of Pakistan (SBP) in its annual report issued recently said international experience has repeatedly shown the countries that prioritise growth at the expense of … Read more