Tue, 2023-07-18 14:42
ISLAMABAD: Federal Minister for Finance and Revenue Ishaq Dar said on Tuesday Pakistan’s economy was in “safe zone” after a substantial reduction in current account deficit which stood at $2.56 billion at the end of the last fiscal year.
Pakistan faced major political and financial crises that gained pace in the second quarter of 2022 and hit the fragile economy, making experts warn of a possible default amid a severe dollar liquidity crunch and rapidly depreciating national currency.
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