PM attributes 'turnaround' to exports, remittances

25 Aug, 2020

ISLAMABAD: Prime Minister Imran Khan on Monday said Pakistan's economy was on right track with significant achievements in exports sector and foreign remittances. "This strong turnaround is a result of continuing recovery in exports, which rose 20 percent compared to June 2020, and record remittances," he said in a tweet.

Imran Khan said, "MashaAllah, Pakistan's economy is on the right track." He mentioned that current account balance posted deficit of $613 million in July 2019 and a deficit of $100 million in June 2020. In July 2020, current account balance swung upwards to a surplus of $424 million, he added.

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