Current account deficit target set at $3.7 billion

The federal government has set the current account deficit target for the next financial year at $3.70 billion, showed the budget documents available with the 24NewsHD TV channel on Wednesday.

According to the budget documents, trade deficit target is set at $24.94 billion.

Moreover, the target of domestic exports in the next financial year is set at $32.34 billion while imports target is set at $57.27 billion dollars, budget documents say.

Further, remittances target is set at $30.27 billion.

Reporter Waqas Azeem