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Your email address will not be published.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

State bank introduces policy to control inflation

Karachi: It emerged on Tuesday that the State Bank of Pakistan (SBP)…

Masdar to develop 500MW of clean energy projects in Tajikistan

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

Pakistan buys second LNG cargo from Azerbaijan

Pakistan on Wednesday announced the successful procurement of a second LNG cargo…

Swvl to pause intracity services

It emerged that Swvl would be putting their transport services on pause.…