Prime Minister Imran Khan on Saturday said that the government’s timely actions to contain the current account deficit bore fruits as the monthly deficit shrank to the lowest figures of $0.5 billion in February, during the current fiscal year.
In a tweet, the prime minister further said that country’s exports had been close to all-time high with imports nosediving by 21 per cent.
“Timely actions to contain current account deficit bear fruit. Deficit shrank to only $0.5bn in Feb, $2bn lower than in Jan & lowest monthly deficit so far this fiscal year. Exports close to all-time high & imports down 21% from their peak & strong growth in large scale manufacturing,” he posted on his Twitter.
