As per the latest data compiled by SBP in Feb’23, the current account recorded a deficit of USD74mn as compared to USD230mn in Jan’23, signifying an improvement of 68%MoM (USD156mn), while on a yearly basis, CAD fell by 14%YoY. During 8MFY23, the current account deficit was reduced by 68%YoY to USD3,861mn as compared to USD12,077mn in 8MFY22. Courtesy – Spectrum Research