Published on, Aug. 19 -- August 19, 2025 5:12 PM
Pakistan recorded a current account deficit of $254 million in July 2025, according to figures released by the State Bank of Pakistan (SBP). This comes after a rare $328 million surplus in June 2025, raising concerns about the sustainability of recent gains. However, the deficit is lower than July 2024, when it stood at $350 million, offering some relief.
The country had closed FY25 on a positive note, achieving a $2.1 billion current account surplus, the first in 14 years. This was largely driven by a 27% rise in workers' remittances, which totaled $38.3 billion for the year. The government had also implemented import restrictions and pursued tight monetary policy to narrow the external ...
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