Speaking Truth to Oppressed

In December, CAD rises slightly

The current account deficit (CAD) remained virtually steady at $1.93 billion in December-21, compared to $1.89 billion in November, according to the State Bank of Pakistan. In July-December FY22, CAD totaled $9.09 billion, owing to a major terms of trade shock amid a continuing economic recovery. Exports of goods and services in the first half […]