https://english.aaj.tv/ Aaj TV English en-Us Copyright 2026 Mon, 22 Jun 2026 18:41:18 +0500 Mon, 22 Jun 2026 18:41:18 +0500 60 https://english.aaj.tv/news/10191284/ca-deficit-exceeds-to-2-95-b-in-8-months <p><img class="bd1 bdstand align-left" title="sb" src="http://www.aaj.tv/wp-content/uploads/2012/03/sb.jpg" alt="" width="235" height="155" />The current account balance deficit continued to widen on each coming month, standing at $2.95 billion in first eight months of the current financial year 2011-12, State Bank of Pakistan (SBP) statistics said, owing to huge trade deficit and lesser foreign exchange inflows.<br /> The current account deficit was stood at deficit stood at $194 million in the same period of last financial year 2010-11, which showed the worrisome situation of external account sector and its pressure on country’s macro-economy.<br /> The country’s international trade has posted a new record high level of $14.59 billion in the first eight months of the current fiscal year, showing an increase of 41.23 percent if facts were compared with trade deficit of $10.337 billion recorded during the same period of last fiscal year, Trade deficit is expected to cross well above the projected deficit target of $14.5 billion during the remaining four months of the ongoing fiscal year 2011-12.<br /> On the other hand, the earning resources were seen limited particularly Foreign Direct Investment (FDI), which dropped significantly by 70 percent to $377.7 million in the period under review.</p> The current account balance deficit continued to widen on each coming month, standing at $2.95 billion in first eight months of the current financial year 2011-12, State Bank of Pakistan (SBP) statistics said, owing to huge trade deficit and lesser foreign exchange inflows.
The current account deficit was stood at deficit stood at $194 million in the same period of last financial year 2010-11, which showed the worrisome situation of external account sector and its pressure on country’s macro-economy.
The country’s international trade has posted a new record high level of $14.59 billion in the first eight months of the current fiscal year, showing an increase of 41.23 percent if facts were compared with trade deficit of $10.337 billion recorded during the same period of last fiscal year, Trade deficit is expected to cross well above the projected deficit target of $14.5 billion during the remaining four months of the ongoing fiscal year 2011-12.
On the other hand, the earning resources were seen limited particularly Foreign Direct Investment (FDI), which dropped significantly by 70 percent to $377.7 million in the period under review.

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