This video is about understanding economy, current account and balance of trade. What is current account deficit and what is a current account surplus? What is trade deficit and trade surplus and the difference between current account deficit and trade deficit. What causes current account deficit and how current account deficit and trade deficit are interrelated. How increase in current account deficit puts a pressure on foreign currency reserves and local currency to depreciate. What are remittances and how remittances help in managing current account balance. The video also explains the current account deficit of Pakistan in last five years and the trade deficit of Pakistan in 2018, 2019, 2020, 2021 and 2022 (last five years). The basics of Current Account Deficit and Trade Deficit are explained in Urdu / Hindi.
In this video we have tried to explain below mentioned points:
What is current account (current account kya hota hai)?
What is current account deficit? What is a current account surplus?
What is current account balance of payments?
The difference between current account deficit and trade deficit in urdu / hindi.
What is current account deficit in urdu / hindi?
What is current account in economics? What is trade deficit in hindi / urdu,
What is trade deficit and trade surplus?
How remittances help in managing current account deficit?
Trade deficit vs current account deficit. The difference.
What causes current account deficit?
Causes and Consequences of a Current Account Deficit.
Current Account Deficit Explained | Current Affairs Concepts.
Current Account Deficit Consequences. Current Account Deficit Concept Simplified.
What is the current account deficit of Pakistan 2023?
What is trade deficit of Pakistan 2023? The remittances of Pakistan 2023?
Waseem A. Minhas is a business and finance professional based in Karachi, Pakistan. He is a Chartered Accountant from the Institute of Chartered Accountants in England and Wales #ICAEW. He is also a member of the Association of Chartered Certified Accountants #ACCA (UK) and the Institute of Cost and Management Accountants of Pakistan #ICMAP. He has served numerous government, public and private sector organizations at different managerial positions. He aims to promote financial literacy and empower everyone to learn about the skills required to make smart financial decisions in the most simplified way.
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Waseem A. Minhas
Disclaimer: The information on the Channel is intended to be general in nature and should not be taken as personal financial / investment advice. It does not take into account your objectives, financial situation or needs. Before acting on any information, you should consider the appropriateness of the information provided and the nature of the relevant financial product having regard to your objectives, financial situation and needs. In particular, you should do your own research and seek independent financial advice prior to making an investment decision.
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