Pakistan expects CAD to fall by $2 billion, according to IMF forecasts
A currency trader counts banknotes in this undated image. — AFP/File The government expects imports to decline in the rest of the 24-year period. The Ministry of Finance expects an improvement in the overall trade balance. Pakistan’s external financing requirements stand at $28 billion. ISLAMABAD: While not deviating from the projected macroeconomic framework, Pakistan has informed the International Monetary Fund (IMF) that it expects its current account deficit (CAD) to narrow by $2 billion to end at $4.5 billion compared to with $6.5 billion projected by the end of June 2024, it said The news on Tuesday. The downward projection


