account deficit

High deficit due to rebound in economic activity, rising global commodity prices

Focus should now be on export growth by improving production quality

Drop comes mainly due to higher remittances, lower imports in FY19

Will replace imports, generate employment, increase farm income

Decline comes on back of reduction in imports, growth in remittance inflows

Analyst, however, does not expect sharp decline in forex reserves

Rising imports, falling exports, faltering remittances contribute to deficit