Saturday, July 19, 2025

Pakistan Records First $2.1 Billion Current Account Surplus in 14 Years

Pakistan has achieved its first current account surplus in 14 years, marking a big positive turn for the country’s economy. In the financial year 2024–25, Pakistan recorded a surplus of $2.1 billion, which experts say is due to record-high remittances, better textile and IT exports, and improved financial planning by the government.

In June 2025 alone, Pakistan saw a surplus of $328 million, which helped turn around the previous trend of repeated deficits. This means the country earned more from exports and remittances than it spent on imports and other payments abroad.

Remittances from Pakistanis working overseas jumped by 27% to reach $38.3 billion this year. Textile exports, which are a major source of income, also increased by 7.4%, while IT exports rose by 18% to hit $3.8 billion. These numbers show that key industries are performing well and helping to strengthen the economy.

Experts believe that government reforms and incentives have played a big part in this success. New policies have encouraged overseas Pakistanis to send money home through official banking channels instead of informal means, bringing more dollars into the country in a legal and secure way.

This current account surplus is being seen as a positive sign for Pakistan’s financial future. Many hope that if this trend continues, the country will be able to manage its debts better, improve its currency stability, and build stronger reserves to handle future challenges.

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