Pakistan data annual present account surplus of $2.1bn: Official information

The nation confronted a perennial concern of steadiness of fee and periodically rushed to the International Monetary Fund (IMF) and different monetary establishments to get financial help.

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The newest information of the State Bank of Pakistan (SBP) on Friday (July 18, 2025) confirmed the present account surplus was recorded at $2.1 billion, in comparison with a deficit of $2.1 billion through the earlier fiscal yr.

It was apparently achieved following a strict coverage to discourage pointless imports of luxurious objects, which have been a drain on the present account. Other components included encouraging remittances by expats and selling exports of conventional and IT-related objects.

Advisor to the Finance Minister Khurram Schehzad took to X to announce that the excess was the best in 22 years. “[The] nation’s present account for June 2025 closes in a $328m surplus, taking the full-year surplus to greater than 2.1bn,” he wrote. Mr. Schehzad added that remittances surged by 27% year-over-year to achieve a “historic” $38 billion.

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He mentioned that within the present fiscal yr, textile exports elevated by 7.4% year-over-year to $17.9 billion, whereas IT (info expertise) and IT-enabled companies exports climbed to $4.6 billion — a year-over-year enhance of 44%.

“Last, however not the least, Pakistan Equities Market (KSE-100) crossed 1,40,000 factors, making a historic mark in its historical past, with market worth crossing ₹16.8 trillion (near $60bn),” he wrote. Prime Minister Sharif expressed gratitude for the present account surplus, calling it “very welcome.”

Foreign trade reserves have exceeded $19 billion attributable to authorities measures,” he was quoted as saying in an announcement from his workplace. “The most important purpose for the steadiness in present account surplus is a big enhance in remittances and exports,” he added.

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“Improving monetary and financial indicators present that the nation’s economic system is on the trail of stability.” Mr. Sharif mentioned the federal government is taking precedence steps to offer a enterprise and investment-friendly setting within the nation.

Despite the optimistic improvement, Pakistan nonetheless must do so much, as it’s in the course of an IMF programme of $7 billion. The 39-month Extended Fund Facility binds it to hold out a number of reforms, together with ending subsidies and privatising a number of loss-making entities.