PM satisfied on country’s economic situation

Prime Minister Imran Khan has said the country’s economy is heading in the right direction.

He tweeted on Tuesday that the government’s economic reforms have started bearing fruit.

Pak economy finally heading in right direction as more of our economic reforms bear fruit: Pak's current account turned into surplus in Oct 2019, for first time in 4 yrs. Current account balance was +$99 mn in Oct 2019 compared to -$284 mn in Sept 2019 & -$1,280 mn in Oct 2018

— Imran Khan (@ImranKhanPTI) November 19, 2019

Alluding to different economic indicators, Imran Khan said Pakistan’s current account turned into surplus in October this year for the first time in four years.

He said our current account deficit for the first four months of current fiscal year has fallen by 73. 5 percent compared to the same period last fiscal year.

For first 4 months of our fiscal year our current account deficit has fallen by 73.5 % compared to same period last fiscal yr. Our exports of goods & services in Oct 2019 rose 20% over previous month and 9.6% over Oct 2018. I congratulate our exporters & encourage them to do more

— Imran Khan (@ImranKhanPTI) November 19, 2019

The Prime Minister said the country’s exports of goods and services in October this year up by 20 percent over previous month and 9.6 percent over October 2018.

Congratulating the exporters, Imran Khan encouraged them to do more to boost the country’s exports.