Pak Banker
Secondary Menu
  • Why PB
  • Advisory & Insights
  • Economy
  • Modern Banks
  • Finance Tech
  • Regulation
  • Money Press
  • Ecosystem
  • Contact
Follow:

You might also like...

  • Federal Board of Revenue Surpasses Annual Target with Thirteen Trillion Rupees Net Tax Collection in Fiscal Year 2026
    July 1, 2026

    Federal Board of Revenue Surpasses Annual Target with Thirteen Trillion Rupees Net Tax Collection in Fiscal Year 2026

  • SBP Increases Remuneration Rate on US Dollar Special Cash Reserve Account to Two Point Sixty Five Percent
    July 1, 2026

    SBP Increases Remuneration Rate on US Dollar Special Cash Reserve Account to Two Point Sixty Five Percent

  • State Bank of Pakistan Injects Ten Point Five Trillion Rupees into Banking System via Open Market Operations
    July 1, 2026

    State Bank of Pakistan Injects Ten Point Five Trillion Rupees into Banking System via Open Market Operations

  • Pakistan and Italy Sign Concessional Loan Agreement to Transform Agriculture Sector Through Technical Reforms
    July 1, 2026

    Pakistan and Italy Sign Concessional Loan Agreement to Transform Agriculture Sector Through Technical Reforms

  • State Bank of Pakistan Reports Surge in Digital Payments Capturing Massive Share of Retail Transactions
    June 30, 2026

    State Bank of Pakistan Reports Surge in Digital Payments Capturing Massive Share of Retail Transactions

  • PACRA Reaffirms MCB Bank Premium AAA Rating Amid Surge in Digital Banking Velocity
    June 30, 2026

    PACRA Reaffirms MCB Bank Premium AAA Rating Amid Surge in Digital Banking Velocity

  • Sindh Assembly Passes Massive Rs3.562 Trillion Provincial Budget Amid Opposition Protests
    June 30, 2026

    Sindh Assembly Passes Massive Rs3.562 Trillion Provincial Budget Amid Opposition Protests

  • Mughal Energy Prepays Major Debt Reserve to Strengthen Corporate Balance Sheet
    June 30, 2026

    Mughal Energy Prepays Major Debt Reserve to Strengthen Corporate Balance Sheet

  • Auditor General of Pakistan Audit Flags Irregularities Worth Billions at TDAP
    June 29, 2026

    Auditor General of Pakistan Audit Flags Irregularities Worth Billions at TDAP

  • Pakistan Planning Commission Raises Red Flags Over Reko Diq Funded Rail Upgrade Financing Structure
    June 29, 2026

    Pakistan Planning Commission Raises Red Flags Over Reko Diq Funded Rail Upgrade Financing Structure

HBL Wins Best Bank in Pakistan and Top Corporate Banking Honors at Euromoney Awards 2025

State Bank of Pakistan Reserves Rise to $14.526 Billion, Maintain Stability

Economy July 18, 2025

Pakistan Achieves $2.1 Billion Current Account Surplus in FY25, First Annual Surplus in 14 Years

17 Views by webdesk

In a significant turnaround for the country’s external financial position, Pakistan recorded a current account surplus of $2.1 billion for the fiscal year 2024–25 (FY25), according to official data released by the State Bank of Pakistan (SBP) on Friday. This marks the first time in 14 years that the country has ended a fiscal year with a surplus, representing a notable shift from persistent deficits that have historically weighed on Pakistan’s economic stability.

The surplus in FY25 is also the highest Pakistan has registered since fiscal year 2002–03, underscoring a rare moment of financial respite for the economy. Market analysts have credited this achievement to a combination of moderate export growth and a substantial rise in remittance inflows from overseas Pakistanis.

According to brokerage house Arif Habib Limited (AHL), this surplus is not just statistically significant but also symbolically important for a country that has frequently been navigating foreign exchange shortfalls, International Monetary Fund (IMF) negotiations, and current account imbalances.

By contrast, Pakistan ended FY24 with a current account deficit of $2 billion, making the swing to a $2.1 billion surplus within a year all the more remarkable. For the month of June 2025 alone, the country posted a surplus of $328 million, compared to a deficit of $500 million in June 2024 and a $84 million surplus recorded in May 2025.

The primary driver of this positive shift has been remittances, which rose by over 25 percent year-on-year during FY25. Pakistani workers abroad sent more money back home, helping to ease the balance of payments and inject much-needed foreign exchange liquidity into the financial system.

Exports during the fiscal year showed a modest uptick but were not the central factor in the overall surplus. Imports remained under tight control due to prudent monetary and fiscal policies, allowing for a relatively stable trade balance and further contributing to the improvement in current account figures.

The SBP’s approach toward tightening liquidity and closely managing foreign exchange outflows has also played a key role in stabilizing the external account. Moreover, the controlled import environment and focus on curbing non-essential imports provided some insulation against global price shocks, especially in the energy and commodity markets.

With the country’s foreign exchange reserves still under pressure and external debt repayments looming, the surplus provides temporary breathing space. It also strengthens Pakistan’s position in ongoing and future discussions with international lenders and development partners.

As the government prepares its medium-term macroeconomic framework, the FY25 current account surplus is expected to serve as a positive marker, both domestically and internationally. However, economists warn that sustaining such performance will require ongoing policy discipline, improved export competitiveness, and consistent remittance flows.

While challenges remain, the current account surplus is a rare highlight in Pakistan’s economic narrative—one that signals cautious optimism amid broader structural reform efforts.

Arif Habib Limitedbalance of payments Pakistaneconomic turnaround Pakistanfiscal indicators PakistanFY25 economic reportPakistan current account FY25Pakistan trade dataremittances Pakistan 2025SBP surplus reportState Bank of Pakistan

HBL Wins Best Bank in Pakistan and Top Corporate Banking Honors at Euromoney Awards 2025

State Bank of Pakistan Reserves Rise to $14.526 Billion, Maintain Stability

Archives

  • July 2026
  • June 2026
  • May 2026
  • April 2026
  • March 2026
  • February 2026
  • January 2026
  • December 2025
  • November 2025
  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023

Recent Posts

  • Auditor General Reveals Heavy Financial Crisis at Pakistan Steel Mills with Accumulated Losses of Two Hundred and Forty Five Billion RupeesAuditor General Reveals Heavy Financial Crisis at Pakistan Steel Mills with Accumulated Losses of Two Hundred and Forty Five Billion Rupees
  • Central Directorate of National Savings Achieves Annual Mobilization Target of One Point Three Eight Trillion RupeesCentral Directorate of National Savings Achieves Annual Mobilization Target of One Point Three Eight Trillion Rupees
  • Top Financial Leaders Discuss Cashless Future and Raast Integration Ahead of Pakistan Banking Summit 2026Top Financial Leaders Discuss Cashless Future and Raast Integration Ahead of Pakistan Banking Summit 2026

Most Viewed

  • Rehan Ali Qureshi Appointed as Department Head of IS Strategy and Policies at NBPRehan Ali Qureshi Appointed as Department Head of IS Strategy and Policies at NBP
  • Pakistan’s Power Sector Charts New Course: Zafar Masud Highlights Post-Budget Reforms and Circular Debt StrategyPakistan’s Power Sector Charts New Course: Zafar Masud Highlights Post-Budget Reforms and Circular Debt Strategy
  • HBL Extends Branch Banking Hours Across Pakistan to Enhance Customer ConvenienceHBL Extends Branch Banking Hours Across Pakistan to Enhance Customer Convenience
  • Advisory & Insights
  • Digital Stories
  • Economy
  • Ecosystem
  • Events
  • Finance Tech
  • Global Insights
  • insurance
  • Modern Banks
  • Money Press
  • People
  • Regulation
Pak Banker ©️ 2025-2026. Read Privacy Policy here.