KARACHI: Pakistan’s current account deficit (CAD) for August stood at $245 million, a slight improvement compared to the previous month’s deficit of $379m, according to the State Bank of Pakistan (SBP) on Thursday.

However, the deficit was considerably higher than the $82m recorded in the same month last year, signalling a challenging trend for the government already grappling with food-related economic pressures.

While the August deficit was lower than July’s, it still........

© Dawn Business