Shahid Abassi
Chief Minister (5k+ posts)
When was current account at -5.8 bn? in June 2018 it stood at -19bn USDکرنٹ اکاؤنٹ ڈیفیسٹ 5.8 ارب ڈالر تک تھا ۔
Pakistan Current Account
Pakistan recorded a Current Account surplus of 205 USD Million in the fourth quarter of 2023. This page provides - Pakistan Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.tradingeconomics.com
Pakistan’s circular debt, including loans and liabilities of power sector, stood at Rs1,004 billion as of May 31, 2018 -- the last day of the PML-N government.
Federal Board of Revenue today (31st May, 2018) issued further refunds of Rs 31.3 billion to take the total amount of refunds issued during the year to more than Rs 100 billion in first 11 months as against Rs 54 billion issued during the entire 12 months of the previous year.
How do you count the total circular debt is a matter of discussion. If you included only what was payable for goods received, then it would stand at 1004 bn but if you include the amounts which you have to pay in advance for the shipments of next 15 days, then the circular debt stood at more than 1200 bn.
31st May a care taker took over. Even when the FBR paid these 31 bn, refunds were increasing by double this amount.