{"id":57788,"date":"2019-11-20T14:27:00","date_gmt":"2019-11-20T09:27:00","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=57788"},"modified":"2019-11-20T15:10:06","modified_gmt":"2019-11-20T10:10:06","slug":"pm-lauds-govt-generating-usd-99-mn-current-account-surplus","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/pm-lauds-govt-generating-usd-99-mn-current-account-surplus.html","title":{"rendered":"PM lauds govt for generating current account surplus"},"content":{"rendered":"<p>Islamabad: Prime Minister (PM) Imran Khan has lauded the government for recording a USD 99 million current account surplus in October; stating that the economy was &#8216;now headed in the right direction\u2019, according to news sources.<\/p>\n<p>As per officials, this current account surplus has been recorded for the first time in over four years. They said that the economy had shown remarkable signs of improvement as compared to the September 2019 figures (which amounted to a negative USD 284 million). The deficit for the same period of the previous financial year stood at USD 1,280 million.<\/p>\n<p><strong>Read:\u00a0<\/strong><a href=\"https:\/\/www.zameen.com\/news\/psx-gains-827-points-climbs-2-15.html\" target=\"_blank\" rel=\"noopener noreferrer\">PSX gains 827 points, climbs 2.15%<\/a><\/p>\n<p>According to the latest data released by the Pakistan Bureau of Statistics (PBS), the country\u2019s trade deficit for the first four months (July-Oct) of tax year 2019-20 has registered a 33.52% decline \u2013 setting at USD 7.77 billion \u2013 as compared to last year\u2019s deficit of USD 11.696 billion.<\/p>\n<p><strong>Read:\u00a0<\/strong><a href=\"https:\/\/www.zameen.com\/news\/gwadar-to-be-single-largest-contributor-to-economy-in-7-years-cophc-chairman.html\" target=\"_blank\" rel=\"noopener noreferrer\">Gwadar to become single largest contributor to economy within 7 years: COPHC Chairman<\/a><\/p>\n<p>Further,<a href=\"https:\/\/www.zameen.com\/news\/cement-despatches-increase-by-11-51-in-september.html\" target=\"_blank\" rel=\"noopener noreferrer\"> Pakistan\u2019s exports also increased <\/a>(on an annual basis) by 6.75% to USD 2.024 billion in October 2019 from USD 1.896 billion registered in the same period last year. The imports, on the other hand, decreased by 15.41% to USD 4.074 billion October 2019.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: Prime Minister (PM) Imran Khan has lauded the government for recording a USD 99 million current account surplus in October; stating that the economy was &#8216;now headed in the right direction\u2019, according to news sources. As per officials, this current account surplus has been recorded for the first time in over four years. They said that the economy had shown remarkable signs of improvement as compared to the September 2019 figures (which amounted to a negative USD 284 million). The deficit for the same period of the previous financial year stood at USD 1,280 million. Read:\u00a0PSX gains 827 points, climbs 2.15% According to the latest data released by the Pakistan Bureau of Statistics (PBS), the country\u2019s trade deficit for the first four months (July-Oct) of tax year 2019-20 has registered a 33.52% decline \u2013 setting at USD 7.77 billion \u2013 as compared to last year\u2019s deficit of USD 11.696 billion. Read:\u00a0Gwadar to become single largest contributor to economy within 7 years: COPHC Chairman Further, Pakistan\u2019s exports also increased (on an annual basis) by 6.75% to USD 2.024 billion in October 2019 from USD 1.896 billion registered in the same period last year. The imports, on the other hand, decreased&hellip;<\/p>\n","protected":false},"author":75,"featured_media":57398,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[14042],"persona":[],"class_list":{"0":"post-57788","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-details-on-pm-lauds-govt-for-generating-usd-99-mn-current-account-surplus"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>PM lauds govt for generating current account surplus - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: Prime Minister (PM) Imran Khan has lauded the government for recording a USD 99 million current account surplus in October; stating that the\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/pm-lauds-govt-generating-usd-99-mn-current-account-surplus.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PM lauds govt for generating current account surplus - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: Prime Minister (PM) Imran Khan has lauded the government for recording a USD 99 million current account surplus in October; stating that the\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/pm-lauds-govt-generating-usd-99-mn-current-account-surplus.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2019-11-20T09:27:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-11-20T10:10:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2019\/11\/Imran-khan.png\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"350\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Hazafa Hasan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Hazafa Hasan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"PM lauds govt for generating current account surplus - Zameen News","description":"Islamabad: Prime Minister (PM) Imran Khan has lauded the government for recording a USD 99 million current account surplus in October; 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