Business News | Current Account Deficit Expected to Reach Year's High of 1.2 % of GDP in FY24 Third Quarter, Predicts Ratings Agency
Get latest articles and stories on Business at LatestLY. According to a press release, this forecast represents a marginal increase from the previous quarter's deficit of 1.0 per cent of GDP and marks a year's high, surpassing the deficit recorded in the corresponding quarter of the previous fiscal year (3QFY23: USD16.8 billion, 2.0 per cent of GDP). Business News | Current Account Deficit Expected to Reach Year's High of 1.2 % of GDP in FY24 Third Quarter, Predicts Ratings Agency.