National
Pakistan’s Feb 2019 current account deficit down by 72 percent: Finance Minister
Asad Umar further said “Deficit in Feb 2019 is lowest in 29 months. Brent oil price was $35 at that vs $67 now.”
By Web Desk
Published March 15, 2019
ISLAMABAD: Finance Minister Asad Umar has claimed that current account deficit for February 2019 has declined by 72 per cent or $900 million against February last year.
Finance Minister took to Twitter and added, “Feb 2019 current account deficit declined by 72% or 900 million $ vs feb last year. Deficit down to 356 million $ vs 1280 million $ last year.”
Asad Umar further said “Deficit in Feb 2019 is lowest in 29 months. Brent oil price was $35 at that vs $67 now.”
-
EU watchdog sounds alarm over risk of abrupt market correction
-
Channel 4 to cut hundreds of jobs in major restructuring: What to know
-
Google commits $15B to Finnish AI infrastructure, marking its largest-ever European investment
-
No ticket? New TSA program lets non-travelers past airport security
-
Singapore raises ministers’ salaries for the first time in 15 years: Here’s why
-
French AI pioneer Mistral secures €3 billion in record-breaking financing round, hitting a $24 billion valuation
-
China injects major capital into state banks and insurers
-
OPEC+ set to keep oil output policy unchanged: Here’s why