Pakistan Prime Minister Imran Khan on Monday said the country's current account balance had recorded a surplus of $424 million in July, signalling that the economy was "on the right track".

Hailing the development in a message on Twitter, the premier noted that in July last year, Pakistan had a current account deficit (CAD) of $613 million while last month the deficit stood at $100m.

He attributed the "strong turnaround" in the current account balance to "record remittances" and "continuing recovery in exports, which rose [by] 20 per cent compared to June 2020".

https://www.dawn.com/news/1576206/economy-on-right-track-says-imran-as-he-reveals-current-account-surplus-of-424m-in-july