ISLAMABAD: Spokesman for Ministry of Finance Dr Khaqan Hassan Najeeb has said that a valuable decreased noted in current account deficit with respect to last month.
In his tweet on micro-blogging site, twitter Spokesman for Ministry of Finance Dr Khaqan Hassan Najeeb said current account deficit of Feb’19 dropped to $356 million which is- a 59% reduction from $873 million in Jan’19.
Massive #correction in external sector imbalance. C/A #deficit in Feb’19 drops to $356MN – a 59% reduction from $873MN in Jan’19 & a 72% reduction from $1218MN in Feb’18. Credible #interventions have produced desired results. #BoP stabilization ensured.
— Dr. Khaqan Hassan Najeeb (@KhaqanNajeeb) March 15, 2019
The spokesman further informed that a 59% reduction from $873 million in Jan’19 is a 72% reduction from $1218 million in Feb’18.