ISLAMABAD: The current account deficit of Pakistan has shown 100 increase during the July-October 2017, quarter indicating poor financial management and lack of proper handling of the accounts of the country.

According to the report of State Bank of Pakistan released on Monday, regarding the current account status of the country, the State Bank reported that there has been 100 percent increase in the current account deficit of the country in July-Oct 2017.

State Bank in its report today said the current account deficit has been increased from US dollars 2.25 billion to US dollars 5 billion during July-Oct 2017 as compared to same months last year.

SBP indicated that this trend can be very dangerous for the economy of the country especially in April-May 2018.