PM Imran expresses satisfaction over Pakistan's improved economic indicators

PM Imran expresses satisfaction over Pakistan's improved economic indicators

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.

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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.