FY 2011/12 c/a deficit increases to $4.52b

ISLAMABAD: Pakistan's current account deficit widened to a provisional $4.52 billion in the 2011/12 fiscal year from $3.93 billion in the first 11 months, the central bank said Tuesday.There was a...

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AFP
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FY 2011/12 c/a deficit increases to $4.52b
ISLAMABAD: Pakistan's current account deficit widened to a provisional $4.52 billion in the 2011/12 fiscal year (July-June) from $3.93 billion in the first 11 months, the central bank said Tuesday.

There was a provisional surplus of $214 million in the previous fiscal year, according to data released by the State Bank of Pakistan.