Rising imports widen current account deficit in FY2026 despite strong remittances
Pakistan’s current account recorded a $1.2bn deficit in Jul–Dec FY2026 as import demand increased, while remittances and IT exports continued to support the external account.
Pakistan’s Forex Reserves Edge Up to $14.30 Billion Amid Stable Inflows
Pakistan’s foreign exchange reserves held by the SBP rose by $28 million to $14.30 billion as of August 29, 2025, reflecting stable inflows and cautious management. Total liquid reserves stood at $19.66 billion, with commercial banks holding $5.36 billion.
Pakistan’s External Account Shows Improvement with Strong Export and Remittance Growth
Pakistan’s external account deficit narrowed in July FY2026 compared to last year, supported by higher exports, rising remittances, and stronger IT inflows, despite an expanding trade deficit due to higher imports of petroleum and food products.