Inside Financial Markets
“Remarkable turnaround” of economy despite pandemic: PM - Inside Financial Markets

“Remarkable turnaround” of the economy despite pandemic: PM

– Associated Press of Pakistan

Prime Minister Imran Khan on Tuesday said Pakistan’s economy was making a “remarkable turnaround’ with November showing a current account surplus of $447 million.

“MashaAllah, despite COVID-19, great news on economy – remarkable turnaround,” the Prime Minister said in a tweet.

Imran Khan said for the fiscal year so far, the surplus was $1.6 billion as opposed to a deficit of $1.7 billion during the same period last year.

He said the State Bank of Pakistan’s reserves had risen to about $13 billion, which was the highest in three years.

Syed Zaki Hussain

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Inside Financial Markets was a joint publication of Pakistan Stock Exchange (PSX)and Society of Technical Analysts Pakistan (STAP)