Current Account Surplus for First Time in 4 Years in October 2019

[Areesh]

https://twitter.com/x/status/1196471961834139655

https://twitter.com/x/status/1196476533977894924

 

[Areesh]

https://twitter.com/x/status/1196479229518581760

https://twitter.com/x/status/1196479462977748992

 

[RIP Pak LAW]

@ps3linux PakPositive News.... but MarasiMedia is not showing it...

But then MarasiMedia is owned by the CriminalEnterprise.... bent on spreading fasad in OurLand!

Shahzaib Khanzada must be scratching his head how to refute this claim and re-invents new data on his own.

 

[Dil_Pakistan]

November 18, 2019 (MLN): Pakistan’s current account balance in October turned positive as the country posted a surplus of USD 99 million against a deficit of USD 1.28 billion in October 2018.

According to data released by the State Bank of Pakistan, the Current account deficit for July-Oct was USD 1.474 billion compared to a deficit of USD 5.567 billion during the corresponding period from last year.

https://mettisglobal.news/pakistan-posts-current-account-surplus-of-usd-99-million-in-october

p.s: had also made a thread on same topic, hope that can be deleted/merged.

 

[VCheng]

This is excellent news. The first step to get out of a hole is to stop digging it deeper. Soon, the economic climb-out can begin.

 

[Imran Khan]

i start growing hope now

 

[Bilal.]

First qtr budget deficit down to just 1% and primary deficit turned to surplus too...

 

[Wikki019]

superb, now have to control inflation, increase exports and pickup growth

 

[RIP Pak LAW]

At macro level, things do look stable and improving but this needs to be translated at micro level as well like prices of food and other daily use commodities going down.

 

[Mrc]

This is an excellent news... Need to gradually increase the surplus every month for a while

 

[bafxet]

Excellent for my country. Now the issue is that it must sustain.

 

[Kambojaric]

Great news. This is the actual foundation of a stable economy. If you dont have the basics right you cant built a palace on top of it.

 

[POTTER]

It will be in green zone after 3 years approx.

 

[Flight of falcon]

Great news .... have you noticed since haramkhour brothers are done everything Is getting better..... it was easy for them to buy things on credit and claim progress....

 

[crankthatskunk]

Well, to be honest..........

If Imran didn't build a Motorway,

Didn't build a Metro,............

He has done nothing of note (Gawalmindi's Butts)
Jahil is what Jahil says and does.