Pakistan’s current account posted a surplus of $654 million in March after a fall in imports forced due to restrictions and a jump in remittances amid the holy month of Ramadan. It was the first time since November 2020 that the current account was in the surplus territory, with $654 million being the highest surplus since February 2015, State Bank of Pakistan’s (SBP) data showed.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Govt announces power subsidy for export industries

On Thursday, Finance Minister Ishaq Dar endorsed a power subsidy package for…

Pakistan’s economy witnessed a record growth: Asad Umar

Faisalabad: Federal Minister for Planning, Development, and Special Initiatives Asad Umar claimed…

Millat Tractors shut down for indefinite period

Millat Tractors Limited (MTL), on Thursday, announced that it was shutting down…