CAD goes down by 54.7 percent in first two months of FY 2019-20

Minister for Economic Affairs Division Muhammad Hammad Azhar says the Current Account Deficit of Pakistan has gone down by 54.7 per cent in the first two months of Financial Year 2019-20.

In a tweet, he said this has led to a saving of 1.5 billion US dollars in Foreign Exchange.

Hammad Azhar said the Current Account Deficit declined by 32 per cent in last financial year from 19.8 billion dollars to 13.5 billion dollars.

Zafar/ Ahsan