Pakistan’s current account balance posted a surplus of $75 million in August 2024, according to data released by the State Bank of Pakistan (SBP) on Wednesday.
After three consecutive Current Account Deficits, Pakistan has reverted to a Current Account Surplus of US$ 75 million in August 2024. During 2MFY25, the current account stands at a deficit of US$ 171 million, down 81 percent YoY.
According to Topline Securities, the improvement in the current account is due to remittances which clocked in at US$ 2.9 billion, up 40 percent YoY. In 2MFY25, remittances are up 44 percent YoY.
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Yeah that happens when u ban imports
Please do not quote the figures released by the government. They fudge figures to fool the people. The economy is in the Dark Red.