Karachi, March 16, 2026 – Pakistan’s current account posted a surplus of $427 million in February 2026, according to the latest figures released by the State Bank of Pakistan (SBP) on Monday. This marks the largest monthly surplus since March 2025, when the country recorded $1.28 billion, highlighting improving external sector performance.
On a cumulative basis, however, Pakistan posted a current account deficit of $700 million for July-February FY26, compared to a surplus of $479 million during the same period last year. Despite this, the month-on-month improvement reflects positive momentum, as the surplus rose from a revised $68 million in January 2026 to $427 million in February.
Finance Minister’s advisor Khurram Schehzad noted in a post on X (formerly Twitter) that February’s surplus marks the second consecutive month of gains, signaling gradual stabilization of the country’s external accounts.
The back-to-back surpluses were driven by robust remittance inflows, growth in value-added exports, and disciplined import management, which together strengthened macroeconomic stability and reduced pressure on external financing.
Schehzad highlighted that, despite ongoing regional uncertainties, Pakistan’s stabilized external account with adequate buffers represents a key milestone for sustainable economic recovery. These developments are expected to boost investor confidence and support continued improvements in the nation’s balance of payments.
Economists say that if these trends continue, Pakistan could maintain moderate current account stability, providing breathing space for economic reforms and external debt management, and paving the way for a more resilient economic outlook in FY26.
