The government has set an ambitious remittance target of $42.4 billion for fiscal year 2026-27, banking on strong inflows from overseas Pakistanis to support the economy and help manage a widening current account deficit. According to budget projections, the government expects the current account deficit (CAD) to rise to $3.6 billion in FY27, equivalent to […]
current account deficit
Middle East conflict risks $3bn remittance hit
Pakistan could face a remittance shortfall of up to $3 billion if the escalating Middle East conflict persists, analysts warn, raising concerns about pressure on the rupee and the country’s fragile external balance. Read More: Middle East tensions disrupt Pakistan’s sea trade Shahid Anwar, senior director at the Institute of Cost and Management Accountants of Pakistan, said […]
IMF review deepens as Pakistan faces rising external pressures
Pakistan and the International Monetary Fund continued their third economic review for a second consecutive day, as State Bank officials briefed the visiting delegation on key financial indicators. The discussions mainly focused on economic data from the first half of the current fiscal year, with both sides closely examining fiscal performance and external financing needs. […]
Pakistan economy set for two-year stabilisation
State Bank of Pakistan Governor Jameel Ahmad said the country’s economy will remain in recovery and stabilisation for the next two years. He emphasized that Pakistan will avoid pursuing unsustainable high growth under current conditions. Ahmad said the government and SBP policies will decide if the ongoing $7 billion IMF loan program will be Pakistan’s […]
Pakistan’s trade gap widens to $244m
Pakistan’s current account slipped back into deficit in December 2025 due to rising imports and persistent income outflows. The State Bank of Pakistan reported a $244 million deficit. This follows a $98 million surplus in November, signaling external pressures on the economy. The cumulative current account for July–December FY26 showed a $1.17 billion deficit, compared […]
Pakistan’s current account deficit rises to $733m in FY26
Pakistan’s current account deficit has widened sharply to $733 million in the first four months of FY26, a staggering 256pc increase from last year. Fresh State Bank data shows that the deficit is being fuelled not by productive investment but by soaring imports and weakening investor confidence. Read More: Pakistan’s Import Pressure Deepens Economic Trouble Imports of […]
Government expresses cautious optimism as current account deficit surges 256%
ISLAMABAD – Pakistan’s current account deficit surged 256 per cent in the first four months of FY26, but the government expressed cautious optimism over the country’s economic outlook, citing steady export growth, remittances, and structural reforms. Read More: PSX opens higher as investors show cautious optimism The Ministry of Finance (MoF) reported that stubborn inflation remains […]
Pakistan’s widening current account deficit raises currency concerns
ISLAMABAD: Pakistan’s current account deficit has widened sharply in recent months, driven by surging imports and stagnant exports, raising concerns over the sustainability of the country’s external position. The growing imbalance is exerting pressure on the rupee, even as robust remittances continue to keep foreign exchange markets liquid. The State Bank of Pakistan (SBP) has […]
Pakistan’s current account deficit widens over 250%
KARACHI: Pakistan’s current account deficit (CAD) surged by more than 255 per cent year-on-year during the first four months of FY26, driven largely by rising imports and stagnant exports, according to data released by the State Bank of Pakistan on Monday. The country recorded a CAD of $733 million in July-October, compared with $206 million […]
Pakistan posts $254mn current account deficit in July
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 […]