IMF projects current account balance minus 5.9 percent of GDP

ISLAMABAD (April 24, 2009): The International Monetary Fund (IMF) has projected Pakistan's current account balance for 2009 as minus 5.9 per cent of GDP in dollar terms. A recent report of IMF revealed that in 2009, the external debt refinancing needs of the country in 2009 as percentage of reserves would be around 28 per cent.