KARACHI: Pakistan’s current account deficit sharply narrowed to $1.005 billion, 0.8 percent of GDP, in the first five months of the 2015/16 fiscal year as the country’s import and export gap is shrinking, the central bank’s data showed on Friday. The State Bank of Pakistan’s data showed that the current account deficit stood at $2.457 billion in the corresponding period of the last fiscal year.   The data further revealed that current account posted a deficit of $216 million in...