{"id":101725,"date":"2025-03-20T22:15:00","date_gmt":"2025-03-20T17:15:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=101725"},"modified":"2025-03-18T14:21:01","modified_gmt":"2025-03-18T09:21:01","slug":"pak-achieves-usd-0-7-bn-current-account-surplus","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/pak-achieves-usd-0-7-bn-current-account-surplus.html","title":{"rendered":"Pakistan achieves USD 0.7 bn current account surplus"},"content":{"rendered":"\n<p>Islamabad: Pakistan&#8217;s current account recorded a USD 0.7 billion surplus in the July-February period of fiscal year 2025 (FY25), marking a significant improvement from the USD 1.7 billion deficit reported during the same period last year.<\/p>\n\n\n\n<p>According to the State Bank of Pakistan (SBP), this turnaround is driven by a narrowing trade deficit, strong remittance inflows, and controlled import growth.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/digitisation-economy-usd-60-bn-annually.html\" target=\"_blank\" rel=\"noreferrer noopener\">Digitisation of economy can fetch USD 60 bn annually: OICCI<\/a><\/p>\n\n\n\n<p>Key Drivers of the Surplus<br>Exports Growth: Exports increased by 7.2%, reaching USD 21.8 billion, boosting foreign exchange earnings.<br>Controlled Imports: Imports grew at a slower pace, up 11.4% to USD 38.3 billion, due to government measures to curb non-essential imports.<br>Surging Remittances: Worker remittances rose to USD 23.97 billion, up from USD 18.08 billion last year, providing much-needed support to the external account.<br>Reduced Trade Deficit: The goods and services trade deficit narrowed to USD 18.8 billion, improving from USD 24.6 billion in the previous year.<br>While debt servicing led to a slight widening in the primary income deficit, Pakistan\u2019s external position remained stable, supported by remittances and financial assistance.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/pakistan-ranks-5th-in-global-remittances.html\" target=\"_blank\" rel=\"noreferrer noopener\">Pakistan ranks 5th in global remittances as inflows continue to rise<\/a><\/p>\n\n\n\n<p>Challenges &amp; Outlook<br>Despite the surplus, the financial account recorded a net borrowing of USD 401 million, highlighting ongoing challenges in attracting consistent foreign investment. Policymakers are expected to focus on addressing trade imbalances and diversifying the economy to sustain long-term stability.<\/p>\n\n\n\n<p>The current account surplus provides much-needed fiscal relief, strengthening Pakistan\u2019s position as it moves towards economic stabilization and external resilience.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: Pakistan&#8217;s current account recorded a USD 0.7 billion surplus in the July-February period of fiscal year 2025 (FY25), marking a significant improvement from the USD 1.7 billion deficit reported during the same period last year. According to the State Bank of Pakistan (SBP), this turnaround is driven by a narrowing trade deficit, strong remittance inflows, and controlled import growth. Read: Digitisation of economy can fetch USD 60 bn annually: OICCI Key Drivers of the SurplusExports Growth: Exports increased by 7.2%, reaching USD 21.8 billion, boosting foreign exchange earnings.Controlled Imports: Imports grew at a slower pace, up 11.4% to USD 38.3 billion, due to government measures to curb non-essential imports.Surging Remittances: Worker remittances rose to USD 23.97 billion, up from USD 18.08 billion last year, providing much-needed support to the external account.Reduced Trade Deficit: The goods and services trade deficit narrowed to USD 18.8 billion, improving from USD 24.6 billion in the previous year.While debt servicing led to a slight widening in the primary income deficit, Pakistan\u2019s external position remained stable, supported by remittances and financial assistance. Read: Pakistan ranks 5th in global remittances as inflows continue to rise Challenges &amp; OutlookDespite the surplus, the financial account recorded a net&hellip;<\/p>\n","protected":false},"author":18,"featured_media":60553,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15012],"tags":[37671,7498,63215,61695,63214,7793,63213,63216,34475,63217,4579,61734,2631,38727],"persona":[],"class_list":{"0":"post-101725","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-allied-industries","8":"tag-current-account-surplus","9":"tag-economic-growth","10":"tag-exports-growth","11":"tag-financial-stability","12":"tag-fiscal-relief","13":"tag-foreign-exchange-reserves","14":"tag-imports-control","15":"tag-investment-outlook","16":"tag-pakistan-economy","17":"tag-pakistan-financial-news","18":"tag-remittances","19":"tag-sbp-report","20":"tag-state-bank-of-pakistan","21":"tag-trade-deficit","22":"cat-15012-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Pak achieves USD 0.7 bn current account surplus - Zameen News<\/title>\n<meta name=\"description\" content=\"Despite the surplus, the financial account recorded a net borrowing of USD 401 million, highlighting ongoing challenges in attracting...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/pak-achieves-usd-0-7-bn-current-account-surplus.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pak achieves USD 0.7 bn current account surplus - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Despite the surplus, the financial account recorded a net borrowing of USD 401 million, highlighting ongoing challenges in attracting...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/pak-achieves-usd-0-7-bn-current-account-surplus.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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