Governor of State Bank of Pakistan hinted at the slow growth of around 4.5 percent in the current fiscal year 2021. He listed many challenges for Pakistan, including rising inflation, increased current account deficit, and external debt pressure. SBP Governor expected that this year’s current account deficit would decrease and be lowered to $15 billion compared to $19 billion in 2018. Due to current economic policies, the current account deficit is controlled by-product prices as the non-oil balance is estimated to be in surplus. It is your responsibility to determine whether any investment, investment strategy, security, or related transaction is appropriate for you based on your investment objectives, financial circumstances, and risk tolerance.

Source: The Express Tribune February 10, 2022 05:51 UTC