The State Bank of Pakistan (SBP) announced on Friday that the country recorded a current account surplus of $2.1 billion for the current fiscal year.
While the trade deficit widened and external debt servicing remained high, Pakistan still posted a full-year surplus, despite recording a $103 million deficit in May—a sharp contrast to the $47 million surplus in April and $1.2 billion in March.
According to SBP data, this year’s $2.1 billion surplus marks a major turnaround from the $2.1 billion deficit reported in the previous fiscal year.
Adviser to the Finance Minister, Khurram Schehzad, highlighted the positive economic indicators on X (formerly Twitter), noting that the $328 million surplus in June 2025 helped push the full-year figure to a 22-year high.
He also pointed out that remittances jumped 27% year-on-year, reaching a record $38 billion, while textile exports rose by 7.4% to $17.9 billion. Meanwhile, IT and IT-enabled services exports surged 44% to $4.6 billion over the same period.
Schehzad added that the KSE-100 index surpassed the 140,000-point milestone, with the total market value climbing to Rs 16.8 trillion (around $60 billion) — the highest in the market’s history.
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Prime Minister Shehbaz Sharif welcomed the current account surplus, stating that it was a “very positive development.”
“Thanks to government policies, foreign exchange reserves have now crossed the $19 billion mark,” he said in an official statement.
He credited the increase in remittances and exports as the main drivers of the surplus, adding that the improving economic indicators show that Pakistan’s economy is moving toward stability.