The govt's consistent focus on reducing our external imbalances by reducing imports & increasing exports & remittances are bearing fruit. Current account deficit reduced by more than $6 bn last yr & July this yr deficit is 73% or $1.5 bn lower than July 2018 - a great achievement
Great start to new fiscal year . Exports & remittances are up, imports down. Current account deficit down 73% vs jul 2018. Also a reminder of what PTI inherited. Jul was last month before pti govt & the current account deficit was 2.13 billion $!!!
CAD contracts 73pc in July
This was in line with the downward trend witnessed throughout 2018-19 when the deficit stood ... more
Your (India) only importance was you guys were USSR poddles during cold war and since the end of cold war you are trying to change masters stabbed Russia and even used Israel to get on the right side of the USA, don't punch beyond your weight ... itnay badey pehlwan na bano twitter.com/majorgauravary…
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