Pakistan post its highest ever Current Account Surplus in March

Pakistan post its highest ever Current Account Surplus in March

Pakistan post its highest ever Current Account Surplus in March

Pakistan has managed to overturn default in 2023, and now Pakistan has also managed to post its highest current account surplus ever for the month of March 2025. It is no secret that not many countries are lending Pakistan a loan to cover its external financial position for FY 2025, and friendly countries are only lending Pakistan external loans with the condition attached that they will give the loan in the form of investment. However, it is a fact that without friendly countries' support, Pakistan would have defaulted, and Pakistan could not have secured an emergency IMF deal in mid-2023. Moreover, without these countries, the IMF would never have agreed with Pakistan on the IMF program, and Pakistan would have had to take a similar path to Sri Lanka and do a painful external debt haircut and reschedule. 

Moreover, Pakistan managed to post a current account surplus of US$1.2 billion, which is the highest current surplus for Pakistan. Moreover, for years Pakistan could not even post a current account surplus of $1, let alone US $1.2 billion. The major reason Pakistan's current account deficit was higher was higher imports and lower exports, which were the main reasons for Pakistan's external debt increase and higher taxes. However, now Pakistan has managed to post a current account surplus of US 1.2 billion dollars.

Altogether, Pakistan has posted a current account surplus of US $1.86 billion in nine months of FY 2025, and that is the highest ever that Pakistan's current account surplus has posted, which is the highest ever for ever surplus in decades.

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