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Pakistan’s economy is on the right track: PM


Syed Umarullah HussainiWeb Editor

24th Aug, 2020. 09:58 am
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PM Imran Khan Hassan Abdal Railway Station

Prime Minister Imran Khan on Monday said that he is hopeful to see Pakistan’s economy, which after serious downfall, is on the right track.

Taking to Twitter, PM Imran Khan said, “MashaAllah Pakistan’s economy is on the right track. After current account balance posted a deficit of $613 mn in July 2019 & a deficit of $100 mn in June 2020, in July 2020 current account balance swung upwards to a surplus of $424 mn.”

He further added that this tangible improvement in the situation is the result of continued recovery and record remittances from exports, which were 20% higher than in June 2020.

The premiere said, “This strong turnaround is a result of a continuing recovery in exports, which rose 20 % compared to June 2020, & record remittances.”

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