Pakistan’s current account registered a record of $ 1.2 billion in March 2025, reverting a reviewed deficit of $ 97 million from the previous month, the data published by the State Bank of Pakistan (PAS) showed Thursday on Thursday.
About the year after year, the surplus increased 230% of $ 363 million registered in March 2024.
According to Broken companies Topine Securities and Arif Habib Limited, March 2025 marked the “highest monthly current account surplus” in the country’s history.
The solid performance brought the cumulative surplus of the current account to $ 1.86 billion during the first nine months of FY2024–25, a strong change of a deficit of $ 1.65 billion in the same period of the previous fiscal year.
“With low oil prices and remittances that reach record levels, Pakistan’s current account is expected to remain in surplus until June 2015, and possibly in fiscal year 200, supporting the general confidence of investors,” said Khurram Schehzad, advisor to the Minister of Finance.
Exports of goods and services in March were $ 3.51 billion, 8.7% more than $ 3.23 billion in the same month last year. Imports increased 8% year -on -year to $ 5.92 billion.
The workers of the workers increased to $ 4.05 billion in March, marking an increase of more than 71% compared to the previous year, a key factor in the current account change.
Analysts say that low economic growth, persistently high inflation, narrow monetary policy and import restrictions have contributed to reduce the current account deficit, together with the improvement of exports.