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Tag: Balance of Payment

State Bank of Pakistan

Pakistan’s current account posts $881 million surplus in eight months

March 22, 2021March 22, 2021Mrs. Anjum Shahnawaz

KARACHI: The balance of payment has posted a current account surplus of $881 million during first eight months (July – February) of 2020/2021 as compared with a deficit of $2.74 billion in the corresponding months of the last fiscal year, State Bank of Pakistan (SBP) said on Sunday. According to balance of payment data, trade […]

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State Bank of Pakistan

Current account posts $912 million surplus in seven months

February 22, 2021February 22, 2021Mrs. Anjum Shahnawaz

KARACHI: The current account recorded a surplus of $912 million during first seven months of the current fiscal year as compared with a deficit of $2.54 billion in the corresponding months of the last fiscal year, according to balance of payment (BOP) data released by the State Bank of Pakistan (SBP) on Monday. The balance […]

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State Bank of Pakistan

Current account posts $1.64 billion surplus in five months

December 22, 2020December 22, 2020Mrs. Anjum Shahnawaz

KARACHI: The Balance of Payment (BOP) of the country has posted $1.64 billion as current account surplus during the first five months of the current fiscal year, according to data released by State Bank of Pakistan (SBP) on Tuesday. The BOP of the country posted a current account deficit of $1.74 billion in the same […]

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State Bank of Pakistan

Current account surplus improves to $1.16 billion in July – October

November 19, 2020August 30, 2024Mrs. Anjum Shahnawaz

The State Bank of Pakistan (SBP) announced on Thursday that the country has achieved a current account surplus of $1.16 billion during the first four months (July – October) of the fiscal year 2020/2021. This marks a significant turnaround from the same period last year, when Pakistan recorded a current account deficit of $1.42 billion.

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State Bank of Pakistan

Current account posts $792m surplus in first quarter

October 21, 2020May 13, 2026Mrs. Anjum Shahnawaz

KARACHI: The current account of the country registered a surplus of $792 million during first quarter (July – September) 2020/2021, State Bank of Pakistan (SBP) said on Wednesday.

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State Bank of Pakistan

Pakistan records current account surplus of 1.9pc to GDP in July

August 24, 2020August 24, 2020Mrs. Anjum Shahnawaz

KARACHI: The balance of payment of the country registered current account surplus i.e. 1.9 percent of the GDP during the first month of the current fiscal year, according to statistics released by State Bank of Pakistan (SBP) on Monday. The BOP witnessed a current account deficit of 2.8 percent of the GDP in July 2019. […]

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State Bank of Pakistan

Current account deficit shrinks by 72% in seven months

February 19, 2020May 2, 2021Mrs. Anjum Shahnawaz

KARACHI: Pakistan’s current account deficit narrowed by 72 percent during first seven months (July – January) of 2019/2020 owing to inflows of workers’ remittances and decline in import bill. The current account deficit reduced to $2.65 billion during the first seven months of current fiscal year as compared with $9.48 billion in the corresponding months […]

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State Bank of Pakistan

Current account deficit narrows by 73 percent to $579 million in July

August 20, 2019March 24, 2021Mrs. Anjum Shahnawaz

KARACHI: The current account deficit has narrowed by 73 percent to $579 million in July 2019 as compared with the deficit of $2.13 billion in the same month of the last year, according to statistics of Balance of Payment (BoP) released by State Bank of Pakistan (SBP) on Tuesday. The SBP said that the deficit […]

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State Bank of Pakistan

Current account deficit narrows by 4.43pc to $7.98bn in first half

January 17, 2019November 1, 2023Mrs. Anjum Shahnawaz

The current account deficit (CAD) has significantly narrowed by 4.43 percent during the first half of the current fiscal year.

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