PM Imran expresses satisfaction over improved economic indicators of country
ISLAMABAD: Prime Minister Imran Khan has expressed satisfaction over improved economic indicators of the country.
In a tweet on Tuesday, he said despite COVID-19, it is great news on economy remarkable turnaround as our Current Account remained again in surplus of 447 million dollars in last month.
The Prime Minister said during current fiscal year so far, surplus is 1.6 billion dollars as opposed to deficit of 1.7billion dollars in same period last year.
The Prime Minister said State Bank of Pakistan’s Foreign Exchange reserves have risen to about 13 billion dollars, highest in 3 years.
Earlier in the following month, the Asian Development Bank (ADB) had said that Pakistan’s economy was recovering particularly in manufacturing and construction sectors supported by the government’s emergency relief package.
In its report, Asian Development Outlook 2020 Supplement, Paths Diverge in Recovery from the Pandemic, had forecasted the developing Asian growth to rebound to 6.8% in 2021.
Earlier in a tweet, Prime Minister Imran Khan said the workers’ remittances continued to grow during the last month, remaining above two billion dollars for a record sixth consecutive month.