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Pakistan’s current account deficit shrinks 90 pct in January: state bank

ISLAMABAD, Feb. 20 (Xinhua) — Pakistan’s current account deficit shrank by 90 percent in January 2023 from the same month last year as the government continued with its strategy to restrict imports to evade an external payment crisis, the State Bank of Pakistan (SBP) said on Monday.

Pakistan’s current account deficit fell to 0.24 billion U.S. dollars in January 2023 from 2.47 billion dollars in the same month o