Current | Pakistan

Pakistan recorded a sizable current account surplus in March, it emerged on Wednesday. In a post on social media platform X, the State Bank of Pakistan said, “Current account balance recorded a surplus of $1,070 million in Mar 2026 compared to a surplus of $231 million in Feb 2026.” Adviser to the Finance Minister Khurram Schehzad said on X, “Pakistan’s external account continues to strengthen, delivering a third consecutive monthly surplus in 2026.” He said that the figures for March were “among the strongest monthly outcomes on record”. He said that the surplus was the “second-highest ever”, only behind $1.2bn in March 2025. “Pakistan’s external sector is firming up, with sustained surpluses signalling improving balance of payments stability,” he said. The current account deficit — a long-standing issue facing Pakistan’s economy — has been addressed by a significant reduction in imports, resulting in a surplus. Arif Habib Limited noted that for the first nine months of the current fiscal year, the country h...