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Tag: current account deficit

This tag provides stories related to current account deficit. Check updates for current account deficit at Pakistan Revenue.

State Bank of Pakistan

Current account posts $959 million surplus during nine months

April 24, 2021April 24, 2021Mrs. Anjum Shahnawaz

KARACHI: The current account balance of the country has posted surplus of $959 million during first nine months (July – March) of 2020/2021 as compared with a deficit of $4.14 billion in the corresponding months of the last fiscal year, according to data released by State Bank of Pakistan (SBP) on Friday. Due to high […]

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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 balance posts surplus of $805 million in July – August

September 23, 2020June 20, 2024Mrs. Anjum Shahnawaz

Pakistan’s current account balance has achieved a significant surplus of $805 million during the first two months of the current fiscal year, driven by higher remittance inflows and reduced import payments, according to the State Bank of Pakistan (SBP).

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State Bank of Pakistan

Pakistan’s current account deficit shrinks by 78 percent in 2019/2020

July 21, 2020July 21, 2020Mrs. Anjum Shahnawaz

KARACHI: Pakistan’s Current Account Deficit (CAD) has reduced by 78 percent owing to lower imports and better inflows. The CAD fell to $2.966 billion during fiscal year 2019/2020 as against the deficit of $13.434 billion in the preceding fiscal year. The import bill of the country fell by 19 percent to $44.57 billion during fiscal […]

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foreign exchange

Current account deficit shrinks by 74 percent in 11 months

June 24, 2020December 21, 2025Mrs. Anjum Shahnawaz

KARACHI: Current account deficit has declined by 74 percent during first eleven months of current fiscal year owing to significant slump in import bill.

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State Bank of Pakistan

Current account deficit contracts by 71 percent in 10 months

May 21, 2020May 21, 2020Mrs. Anjum Shahnawaz

KARACHI: The current account deficit (CAD) has contracted by 71 percent during first ten months of current fiscal year owing to sharp fall in import payments. According to Balance of Payment (BOP) data released by State Bank of Pakistan (SBP) on Thursday showed that the current account deficit was at $3.343 billion during July – […]

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State Bank of Pakistan

Current account deficit shrinks by 73pc in nine months

April 23, 2020April 23, 2020Mrs. Anjum Shahnawaz

KARACHI: Current account deficit (CAD) has contracted by 73 percent during first nine months (July – March) 2019/2020 due to significant decline in import bill. The current account deficit fell to $2.77 billion during first nine months of current fiscal year as compared with $10.28 billion in the corresponding period of the last fiscal year, […]

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