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Your email address will not be published.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

COAS visits IDEAS-2022 at Karachi Expo Centre: ISPR

On Wednesday, General Qamar Javed Bajwa, Chief of Army Staff (COAS) visited…

Naveed Qamar rules out shortage of sugar in Pakistan

Minister for Commerce Naveed Qamar on Wednesday ruled out the shortage of…

PM Imran Khan day-long visit to Gwadar 

PM Imran Khan will be briefed about the progress of the development…

Pakistan receives second US crude oil shipment

Pakistan’s energy landscape is undergoing a strategic recalibration with the arrival of…