Pakistan records fifth consecutive current account surplus in November ...palestine

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Pakistan records fifth consecutive current account surplus in November
Pakistan reported a current account surplus of $447 million in November this year. This is the fifth consecutive month Pakistan reported current account surplus. Last year in November, Pakistan reported a deficit of $326 million. The surplus under the current account head has reached to $1.64 billion so far in the ongoing fiscal year 2021. The fiscal year in Pakistan begins with July. Pakistan reported a deficit of $1.74 billion for the same period last year. In contrast to previous five years, current account has been in surplus throughout the ongoing fiscal year (July, August, September, October and November). The State Bank says it is due to an improved trade balance and a susta

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