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Current Account deficit decline by 29%

Current Account deficit decline by 29%

Increase in Custom Duty on luxury goods, Currency Depreciation bringing down Imports Steps were taken by Govt to bring CAD down proving fruitful Pakistan's Current account deficit (CAD) declined by 29% to $12.7 billion in July-May FY19 period compared to $17.9 billion in the same period last year. The main