What does a current account mean for a country?
Published on: April 7, 2018
Let’s start with the basics: what does a current account mean for a country?
A current account provides information on the balance of the transactions of a country with the rest of the world and determines its global competitiveness.
Pakistan has been in a current account deficit for most of the last two decades. Watch this VCast Online on what a current account deficit or surplus really signifies and how we can improve Pakistan’s current account balance.
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