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Some positive developments in Pak today

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-FDI up 540% in Dec23, 35% in Jul-Dec period

-Current A/c for Dec23 shows $397mn surplus (Jul-Dec deficit down to $831mn)

-Highest monthly IT exports in Dec23.

-UAE rollsover debt to another year

-Pak receives $700mn trench from the IMF

https://twitter.com/kschehzad/status/1747599526473703500?t=QZKpi7bxs3E_QhAd9BbD_A&s=08

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Previous Pakistan’s current account in December 2023 recorded a surplus of $397 million vs. a deficit of $365 million in December 2022
Next GoP executed Exploration Licences & PCA for 8 blocks with UEP,OGDCL,POL,PPL

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A brief on Economy

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GoP executed Exploration Licences & PCA for 8 blocks with UEP,OGDCL,POL,PPL

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Pakistan’s current account in December 2023 recorded a surplus of $397 million vs. a deficit of $365 million in December 2022

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