Pakistan receives billion dollars from World Bank, ADB
Says country’s current account turns into surplus of 13 million
June 24, 2020 01:56 PM
The State Bank of Pakistan has received one billion dollars, $500 million each from the World Bank and the Asian Development Bank, this was said by the SBP in a tweet on Wednesday, reported 24NewsHD TV channel.
https://twitter.com/StateBank_Pak/status/1275681717035175943
In another tweet, the State Bank said, “Pakistan’s Current Account turned into a surplus of $13 million May 20 against a deficit of $530 million on April 20 and $1004 million on May 19.”
https://twitter.com/StateBank_Pak/status/1275696532130586624
“On a cumulative basis, the CAD has narrowed by 73.6 percent to $3.3 billion during Jul-May FY20 from $12.5 billion during the same period last year.”
https://twitter.com/StateBank_Pak/status/1275696535574065153
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