BMPP leader warns rising trade deficit, declining exports and Middle East tensions could further pressure Pakistan’s external sector
(more…)Tag: current account deficit
This tag provides stories related to current account deficit. Check updates for current account deficit at Pakistan Revenue.
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Pakistan posts $139 million current account deficit in FY26 as imports outpace exports
Record remittances cushion external account, but widening trade gap pushes balance back into deficit
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Pakistan records $324 million current account deficit in April 2026
Rising trade deficit pushes Pakistan into monthly external account shortfall
State Bank of Pakistan (SBP) on Monday reported that Pakistan posted a current account deficit (CAD) of $324 million in April 2026, reversing the strong surplus recorded in the previous month.
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Pakistan posts $1.07 billion current account deficit in 7MFY26
Karachi, February 17, 2026 – Pakistan has recorded a current account deficit of $1.07 billion during the first seven months (July to January) of fiscal year 2025-26, marking a sharp shift from a $564 million surplus in the same period last year, according to the latest Balance of Payment (BOP) data released by the State Bank of Pakistan (SBP) on Tuesday.
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Pakistan’s current account deficit widens to $1.74 billion in 1HFY26: SBP
Karachi, January 19, 2026 – The State Bank of Pakistan (SBP) has reported a sharp increase in the country’s current account deficit, which surged to $1.74 billion during the first half (July–December) of fiscal year 2025-26. This represents a significant shift from a current account surplus of $957 million recorded in the same period last year.
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Pakistan’s Current Account Deficit Narrows by 92% in 1QFY25
Karachi, October 21, 2024 – Pakistan’s current account deficit sharply contracted by a staggering 92% year-on-year (YoY) in the first quarter of the fiscal year 2024-25, according to data released by the State Bank of Pakistan (SBP) on Monday.
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Pakistan’s Current Account Deficit Contracts by 81% in 2MFY25
Karachi, September 18, 2024 – Pakistan’s current account deficit witnessed a sharp contraction of 81% during the first two months (July–August) of the current fiscal year 2024-25, according to a report released by the State Bank of Pakistan (SBP) on Wednesday. The deficit fell to $171 million, compared to $893 million in the corresponding period of the previous fiscal year.
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Pakistan’s Current Account Deficit Shrinks by 78% in July
Karachi, August 19, 2024 – Pakistan witnessed a sharp 78% reduction in its current account deficit for July 2024, driven by robust export performance and a surge in remittances. The State Bank of Pakistan (SBP) reported on Monday that the deficit for the month stood at $162 million, a significant improvement from the $741 million recorded in July 2023.
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CAD Shrinks by 80% to $681 Million in FY24: SBP
Karachi, July 19, 2024 – Pakistan’s Current Account Deficit (CAD) has dramatically narrowed by 80 percent, plummeting to $681 million in the fiscal year 2023-24, according to a report released by the State Bank of Pakistan (SBP) on Friday.
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Current Account Deficit Narrows to $464 Million in 11MFY24
Karachi, June 21, 2024 – The State Bank of Pakistan (SBP) announced on Friday that the country’s current account deficit has narrowed significantly to $464 million during the first 11 months (July – May) of fiscal year 2023-24. This marks a substantial improvement compared to the $3.76 billion deficit recorded in the same period of the previous year.
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