Pakistan Posted Trade Deficit of USD 2.3 Billion for June 2025

It is a much-needed reform for Pakistan, as its trade deficit is lower compared to the same month last year, and it is around USD 2.3 billion. Pakistan is facing an external debt repayment crisis as the government of Pakistan cannot afford the low interest rate and high import figures. It was reported earlier that the government of Pakistan would not allow unnecessary imports for the month of June 2025, as it is the last month to end the fiscal year. It is expected that Pakistan's primary debt income will be higher compared to previous months because companies will make a profit at the end of this fiscal year. Pakistan's exports of goods are USD 2.54 billion, and for imports of goods, the figures are USD 4.86 billion. 

Therefore, it is expected that Pakistan might have a sustainable current account deficit for the month of June 2025. It is subject to remittance inflows for the month of June 2025, which will be released by the State Bank of Pakistan within the 9th to 11th June time frame. Moreover, it is expected that the figures for remittance inflows will be above USD 3 billion. Now Pakistan is more reliant on increasing IT exports, which have increased as well compared to previous years. 

It is expected that Pakistan will adjust its currency more during this fiscal year to accommodate exporters and discourage imports as much as they can. Pakistan has a much brighter chance to post a sustainable current account surplus of around USD 1-1.5 billion for the previous fiscal year, and it will be a surplus after a decade or so. This is an achievement for the government of Pakistan, as the IMF projected around a USD 3 billion to 4 billion current account deficit for the last fiscal year, and the government of Pakistan proved IMF figures wrong many times in the past.