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#1
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What is current account deficit????how much current account deficit of pakistan??
plz help me to understand the current account deficit of pakistan?????
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#2
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I also want to know about it.
seniors help please!
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#3
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A country's Balance of Payments consists of
1) Current Account: it deals with 'visible' goods i.e. imports & exports transacations. 2) Capital Account : it deals with 'invisible' merchandise i.e. services. Current Account Deficit: In brief when imports exceed the exports of a country, there arises deficit. This situation makes a country a net debtor to the rest of the world. Normally, a country also suffers deficit in its current A/c due to its various development programs. However, a prolonged current A/c deficit is troublesome for a country. Pakistan recorded a Current Account deficit of 1166 USD Million in the second quarter of 2013. |
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#4
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Quote:
©|mran|
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