The country posted a surplus of $255 million in May compared to a $1,506m deficit in the same month last year thus grossly reducing the current account deficit (CAD) in the outgoing fiscal year. A late-night despatch from the State Bank of Pakistan (SBP) on Monday showed the CAD narrowed by 80.58 per cent to just $2.943bn during July-May FY23 from $15.16bn in the same period of last fiscal year