KARACHI: Pakistan’s current account posted a surplus of $1.8 billion during the first 11 months of the ongoing fiscal year (FY25), mainly driven by strong inflows of workers’ remittances.
This surplus came despite a gradually widening trade deficit, fueled by a growing import bill and sluggish export performance. The steady remittance inflows helped offset the negative impact of the weakening trade balance, providing support to the external account.
According to data released by the State Bank of Pakistan (SBP) on Tuesday, the current account showed significant improvement, recording a surplus of $1.812 billion during July-May FY25, in contrast to a deficit of $1.572 billion in the same period of FY24.
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