Pakistan, July 18 -- Pakistan's current account recorded a marginal deficit of $139 million in FY26, reversing a surplus of $1.84 billion in the previous fiscal year, according to data released by the State Bank of Pakistan (SBP) on Friday.

Despite record workers' remittances, Pakistan's external account was pushed into negative due to high imports, while exports remained largely stagnant during the outgoing fiscal year.

Earlier, SBP Governor Jameel Ahmad projected the current account would remain balanced or in surplus for the second consecutive fiscal year, i.e. FY26, paving the way for an increase in economic activities and growth in the ongoing fiscal year.

"I am quite confident that June numbers will also be good. So, overall, we ...