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Pakistan’s Current Account Deficit Worsens by 2,600% in April

Pakistan’s current account posted a deficit of $0.25 billion after 10 months of FY2025-26, according to data released by the State Bank of Pakistan (SBP).

This is a big deficit compared to the $1.66 billion surplus recorded in the same period last year (10MFY25) and a surplus of $72 million in 9MFY26.

The balance also turned red in April 2026 to $324 million compared to a surplus of $1.13 billion in March 2026.

The deficit is up 2,600 percent year-on-year (YoY) compared to $12 million in April 2025.

While March showed surplus of $1.13 billion, the overall figures indicate significant pressure on the external account in the following month which led to a deficit of $324 million in April 2026.

According to Topline Securities, the current account deficit on MoM basis is due to higher imports and lower remittances.



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