{"id":71603,"date":"2020-10-22T17:35:38","date_gmt":"2020-10-22T12:35:38","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=71603"},"modified":"2020-10-22T17:35:41","modified_gmt":"2020-10-22T12:35:41","slug":"current-account-surplus-first-quarter-reaches-highest-level-17-years","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/current-account-surplus-first-quarter-reaches-highest-level-17-years.html","title":{"rendered":"Current Account Surplus in first quarter reaches highest level in 17 years"},"content":{"rendered":"\n<p>Lahore: Prime Minister Imran Khan on Wednesday revealed that a current account surplus of USD 73 million had been recorded in September \u2014 with this being the third continuous month in which a surplus has been recorded during the current fiscal year, a news source reported on October 21. As per the State Bank of Pakistan, the surplus was the result of high remittances and a month-on-month rise in exports.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/pakistans-current-account-balance-registers-surplus-pm.html\" target=\"_blank\" rel=\"noreferrer noopener\">Pakistan\u2019s current account balance registers surplus: PM<\/a><\/p>\n\n\n\n<p>The PM added that Pakistan was finally headed in the right direction, as the country\u2019s current account had registered a surplus of USD 792 million, as compared to the USD 1,492 million deficit recorded during the same period last year.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/sbp-report-reveals-paks-lowest-in-5-years-current-account-deficit-plummet.html\" target=\"_blank\" rel=\"noreferrer noopener\">SBP report reveals Pak\u2019s \u2018lowest in 5 years\u2019 current account deficit plummet<\/a><\/p>\n\n\n\n<p>The country has additionally experienced a 29 percent growth in exports and a 9 percent rise in remittances. However, the country did experience a month-on-month increase of 8 percent in its trade deficit during September. The trade deficit had risen to USD 1.82 billion in September, as compared to the USD 1.727 billion figure recorded during August. This was mostly due to a 62 percent increase in food imports and a 21 percent rise in machinery imports. &nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore: Prime Minister Imran Khan on Wednesday revealed that a current account surplus of USD 73 million had been recorded in September \u2014 with this being the third continuous month in which a surplus has been recorded during the current fiscal year, a news source reported on October 21. As per the State Bank of Pakistan, the surplus was the result of high remittances and a month-on-month rise in exports. Read: Pakistan\u2019s current account balance registers surplus: PM The PM added that Pakistan was finally headed in the right direction, as the country\u2019s current account had registered a surplus of USD 792 million, as compared to the USD 1,492 million deficit recorded during the same period last year. Read: SBP report reveals Pak\u2019s \u2018lowest in 5 years\u2019 current account deficit plummet The country has additionally experienced a 29 percent growth in exports and a 9 percent rise in remittances. However, the country did experience a month-on-month increase of 8 percent in its trade deficit during September. The trade deficit had risen to USD 1.82 billion in September, as compared to the USD 1.727 billion figure recorded during August. This was mostly due to a 62 percent increase in food imports&hellip;<\/p>\n","protected":false},"author":57,"featured_media":65384,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15153],"tags":[41848,32769,4579,38727],"persona":[],"class_list":{"0":"post-71603","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-trade","8":"tag-current-account-surplus-in-first-quarter-reaches-highest-level-in-17-years","9":"tag-current-account-surplus-pakistan","10":"tag-remittances","11":"tag-trade-deficit","12":"cat-15153-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Current Account Surplus in first quarter reaches highest level in 17 years - Zameen News<\/title>\n<meta name=\"description\" content=\"Lahore: Prime Minister Imran Khan on Wednesday revealed that a current account surplus of USD 73 million had been recorded in September \u2014 with this being the third continuous month in which a surplus has been recorded during the current fiscal year, a news source reported on October 21.\" \/>\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\/current-account-surplus-first-quarter-reaches-highest-level-17-years.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Current Account Surplus in first quarter reaches highest level in 17 years - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Lahore: Prime Minister Imran Khan on Wednesday revealed that a current account surplus of USD 73 million had been recorded in September \u2014 with this being the third continuous month in which a surplus has been recorded during the current fiscal year, a news source reported on October 21.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/current-account-surplus-first-quarter-reaches-highest-level-17-years.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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