Tag Archives: account

Various economists identified in their research reports that the existence of great and persistent current account deficit is always looked with large concerns, as it usually leads an economy to a state of insolvency because of building up excessive net …

Pakistan’s external sector is in under serious trouble as the current account deficit has increased drastically. Due to this crisis, foreign exchange reserves of Pakistan have decreased to $13.85 billion as of September 29, 2017. The challenges to Pakistan’s external …

Interview with Mr Mustafa Mirchawala – CEO, Mirchawala’s Hub of Accountancy PAGE: WHAT ARE YOUR VIEWS ABOUT BETTERMENT IN EDUCATION SECTOR DURING 2017?  IS PAKISTAN GOING TO BE ONE OF THE BEST COUNTRIES IN TERMS OF EDUCATION STANDARDS? MUSTAFA MIRCHAWALA: Yes, …

Since 2000, the worldwide economic situation has been characterized by large global imbalances, in mainly elevated surpluses in the rapidly industrializing Asian states (notably China) and in northern Europe (Germany), paired with a large deficit in US. As the International …

It is heartbreaking to observe that the current account (C/A) deficit of Pakistan continues to increase. Rising current account deficit has put the exchange rate under pressure and it is affecting the country’s external sector. It shows the country is …