ISLAMABAD, Dec 22 (APP): 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.
MashaAllah despite Covid 19 great news on economy – remarkable turnaround. Current account surplus again in Nov: $447 mn. For fiscal year so far, surplus is $1.6 bn as opposed to deficit of $1.7bn same period last yr. SBP's FX reserves have risen to about $13 bn, highest in 3 yrs
— Imran Khan (@ImranKhanPTI) December 22, 2020
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.