Pakistan registers current account surplus after 14-years: SBP 

Pakistan recorded a current account surplus of $2.1 billion in the fiscal year 2024–25, which marked the first annual surplus in 14 years, reported 24NewsHD TV Channel. 

According to the State Bank of Pakistan (SBP) has reported a monthly surplus of $330 million in June 2025, a notable shift from the $500 million deficit recorded in June 2024. This compared to a deficit of $2 billion in the preceding fiscal year. 

Experts have attributed the improvement to record-high remittances. Pakistan’s total foreign exchange reserves have declined by $71.6 million, bringing the overall figure to $19.95 billion, according to the State Bank of Pakistan. 

According to details, the central bank reported the drop in its latest weekly update, attributing the overall decrease primarily to a reduction in the dollar deposits held by commercial banks. These deposits fell by $1.55 billion, reaching $5.43 billion. In contrast, the State Bank’s own dollar reserves recorded an increase of $23.4 million, rising to $14.52 billion. 

Prime Minister Shehbaz Sharif Friday hailed the increase of current account surplus to $2.1 billion in fiscal year 2024-2025. In a statement, he said current account surplus had reached the highest level in last 22 years which was a very positive development.

 “Due to government measures, foreign exchange reserves have crossed $19 billion, ” he added. The prime minister said the main reason for stability in current account surplus was significant increase in remittances and exports, adding with every passing day, improving financial and economic indicators showed that the country’s economy was on the path of stability. “The government is taking priority steps to further improve the business and investor friendly environment in the country,” he remarked. He said the efforts of the government’s economic team are commendable.