Current account deficit contracts 48pc in Jan over Dec.

Pakistan's current account deficit - the difference between government's foreign expenditures and revenues - dropped a massive 48 percent in January 2019 with much-needed support from a notable increase in exports. The deficit fell by half to $809 million in January compared to $1.54 billion in the previous month of December 2018, the State Bank of Pakistan (SBP) reported on...