Current account deficit

SBP data shows current account deficit for first 11 months of this fiscal year was much lower than last year's $3.76b

Peak at $2.5 billion amid crackdown on illicit currency trading, easing current account deficit

Pakistan tells IMF economic growth will be in range of 3% to 3.5% this year

Stands at $160 million as exports of goods and services improve

Decline is due to a 38% year-on-year drop in total imports in January 2023

No revision in SBP’s projection hints at both positive, negative developments

India's current account deficit last quarter was $30.5bn, or 3.6 percent of GDP

Rupee continues a downward trend, drops to Rs219 against USD

Rise in remittances, fall in imports restrict the deficit to $623m in April

Deficit said to be lowest recorded this fiscal year; PM says 'timely action to contain deficit' bore fruit

Monthly economic report predicts imports to clock-in at $5.5b in August

SBP governor says exchange rate is stable, reserves are up and deficit is sustainable

Country registers $1.85b deficit due to spike in oil prices, vaccine imports

Contraction comes due to growth in foreign income rather than reduction in expenses

Benchmark index gains 104.30 points to settle at 37,804.61

Pace of drop in deficit slows as govt eases import curbs to step up economic activities

Deficit stood at $2.15b in Jul-Dec of current fiscal year

Also sees drop in current account deficit that will be in range of 1.5-2.5% of GDP

Current account gap remains relatively small at $319 million in November

Chaudhary Muhammad Sarwar says govt managed to curtail current account deficit but could not gain political advantage

Deficit contracts 80% to $259m in September, but at cost of economic growth

Reading, however, is slightly higher than expected

Contraction comes on back of drop in imports, increase in exports

Govt must explore new markets to accommodate flood of job-seekers

Drop comes mainly due to higher remittances, lower imports in FY19

Projects inflation at 8.5%, pointing towards unimpressive economic outlook

Drop comes on account of decrease in imports and rise in remittances

It is likely to push policymakers to raise interest rate, let the rupee  depreciate more

Central bank revises up previous fiscal year’s current account gap by $1b

Speaks to stockbrokers at the PSX, assures of reviewing high taxes on shares

Despite currency devaluation, imports near $61b in FY18

Declining foreign exchange reserves and widening deficit require considerable efforts, says ratings agency

Amounts to $14.03b in 10 months of ongoing fiscal year

Amounts to $10.83b; month-on-month gap reduces 26%

Analysts say higher oil prices may increase gap by $100m per month

Claim apparently aims to allay fears that SBP could freeze foreign currency accounts

Pakistan has already depreciated the rupee keeping in view the widening gap

Pakistan posted higher-than-expected deficit of $12.1b in FY17

Govt needs to take steps like rupee depreciation, duty on non-essential imports, dollar bonds

As a percentage of GDP, the deficit rises to 4% compared to just 1.7% in FY16

Deficit squeezed due to exclusion of CPEC-related imports from the database

Gap widening due to heavy debt servicing, recovering oil prices and weak exports

Gap in trade balance biggest contributor to current account deficit

SBP data reveals deficit has increased 92% year-on-year, balance of payments position worsens

Falling exports are offsetting decrease in value of oil imports

Amounts to over $1.6b during July-March

Marginal reduction of 4.5% represents state’s failure to benefit from low oil prices

Govt needs to focus on development spending, resolving current account deficit

Amounts to $1.2b, down from $2.4b in comparative period of previous year

Amounts to little over $1.005b, improvement comes on back of falling import bill