Pakistan's economy on right track, says PM

ISLAMABAD (92 News) - Prime Minister (PM) Imran Khan has said that Pakistan's economy is on the right track on Monday. In his tweets on Monday, the prime minister said the current account balance swung upwards to a surplus of 424 million dollars in the month of July this year. "This after current account balance posted deficit of 613 million dollars in July last year and a deficit of 100 million dollars in June this year," he added.

MashaAllah Pakistan's economy is on the right track. After current account balance posted 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.

— Imran Khan (@ImranKhanPTI) August 24, 2020

PM Imran Khan said this strong turnaround is a result of continuing recovery in exports, which rose 20 per cent compared to the month of June and record remittances.

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

— Imran Khan (@ImranKhanPTI) August 24, 2020