Pakistan’s economy in safe zone: Finance Minister

Islamabad, July 18, 2023 (PPI-OT): Finance Minister Ishaq Dar says Pakistan’s economy is in safe zone as the annual current account deficit decreased to 2.56 billion dollars in the last fiscal year. In a video message today, he pointed out that the current account deficit was17.4 billion dollars’ deficit in the financial year 2021-22.

Ishaq Dar said our current account remained surplus over the last four months with surplus of 334 million dollars recorded in June. Ishaq Dar also congratulated Prime Minister Shehbaz Sharif, the State Bank authorities and his economic team for timely managing all external payments and devising prudent policies which helped decrease the current account deficit. The Minister also expressed to take foreign exchange reserves of the country to the tune of 14 billion dollars.

For more information, contact:

Ministry of Information and Broadcasting

Government of Pakistan

4th Floor, Cabinet Block, Pak. Secretariat, Islamabad, Pakistan

Tel: +92-51-9103557

Email: info@moib.gov.pk

Website: http://www.moib.gov.pk

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