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Your email address will not be published.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

Masdar to develop 500MW of clean energy projects in Tajikistan

MW Energy, a venture between UAE clean energy company Masdar and W…

Pakistan weekly inflation falls by 1.70pc

The weekly inflation, measured by the Sensitive Price Indicator (SPI), dropped by…

India, World Bank consider $2 billion for Sri Lanka

Colombo: On April 22, Sri Lanka’s finance minister said that its neighbour…

Centre, Sindh ‘decide’ to revive Pakistan Steel Mills jointly

  The federal and Sindh governments on Monday decided to revive the…