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Pakistan’s Current Account Slips Back Into Red to End FY26

Pakistan’s current account balance posted a deficit of $139 million in the fiscal year 2025-26 (FY26), according to data issued by the State Bank of Pakistan (SBP) on Friday.

Pakistan posted a current account surplus of $1.838 billion in FY25.

During June 2026, the country posted a deficit of $649 million, compared to a surplus of $220 million in June 2025 and a surplus of $500 million in May 2026.

Exports of goods declined by 5 percent to $30.8 billion compared to $32.3 billion in FY25. Exports of services rose 19 percent to $10 billion in FY26 from $8.4 billion in the same period last year.

Import of goods jumped by 9 percent to $64 billion from $59 billion in FY25. Import of services also recorded a 6 percent increase, reaching $11.9 billion compared to $11.2 billion in the previous fiscal year.

Workers’ Remittances also reported a 9 percent increase, clocking in at $41.5 billion in FY26 and $3.475 billion in June 2026. The same remittances reported an 18 percent month-on-month decline compared to $4.25 billion in May 2026.

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