Balance of Payments

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Balance of Payments

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Business

Web Desk Karachi
Dec 18, 2024

Current account surplus reaches $729 million in November, highest since 2015

Finance Minister Muhammad Aurangzeb anticipates remittances to reach a record high of $35 billion this year, up from $30 billion last year.

Business Pakistan

Web Desk
Oct 03, 2024

Pakistan’s exports rise 13.52 per cent in September

The consistent growth in exports is indicative of a strengthening trade position, as the country seeks to improve its presence in international markets.

Business

Web Desk
Jul 27, 2024

JPMorgan anticipates short-term weakening of Pakistani currency

JPMorgan analysts have projected a potential short-term weakening of the Pakistani rupee (PKR) despite a solid BoP position.

Business

Web Desk
Feb 19, 2024

Pakistan’s overall textile exports dip by 4.29%

In January 2024, Pakistan witnessed a 4.29 per cent month-on-month (MoM) drop in total textile exports, amounting to $1.32 billion, as reported by the State Bank of Pakistan (SBP).

Business

Web Desk
Jan 02, 2024

Trade deficit shrinks by 34 per cent during Jul-Dec’23

From July to December 2023, Pakistan’s exports reached $14.98 billion, compared to $14.24 billion in the corresponding period of the previous fiscal year.

Business

Web Desk
Dec 18, 2023

Pakistan’s textile industry sees 5.43% decline in monthly exports

In November 2023, Pakistan’s textile sector experienced a 5.43 per cent month-on-month decline in total exports, amounting to $1.37 billion, as per data released by the State Bank of Pakistan (SBP).

Business

Web Desk
Dec 18, 2023

Pakistan records first current account surplus since June

In a noteworthy turnaround, Pakistan’s current account, after enduring four consecutive months of deficits, reported a surplus of $9 million in November 2023.