Islamabad (Web Desk): Prime Minister Imran Khan on Tuesday expressed satisfaction over improved economic indicators of Pakistan despite the novel coronavirus pandemic.
In a tweet, he said despite COVID-19, it is great news on economy remarkable turnaround as our current account remained again in surplus of $447 million in last month.
PM Imran said during current fiscal year so far, surplus is $1.6 billion as opposed to deficit of $1.7 billion during the same period last year.
The prime minister said State Bank of Pakistan's (SBP) Foreign Exchange reserves have risen to about $13 billion, highest in three years.
MashaAllah despite Covid 19 great news on economy - remarkable turnaround. Current account surplus again in Nov: $447 mn. For fiscal year so far, surplus is $1.6 bn as opposed to deficit of $1.7bn same period last yr. SBP's FX reserves have risen to about $13 bn, highest in 3 yrs— Imran Khan (@ImranKhanPTI) December 22, 2020
This is the fifth consecutive month Pakistan has seen a current account surplus.
Meanwhile, Pakistan also reported a surplus of $382 million in the month of October according to data released by the SBP.