Pakistan registers massive $420mn current account deficit in January 2025

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Pakistan registers massive $420mn current account deficit in January 2025​

This is first deficit since July 2024, showed SBP data

BR Web Desk
February 18, 2025

After registering surpluses in the last five months, Pakistan’s current account posted a deficit of $420 million in January 2025, a significant increase of 4% when compared with the deficit of $404 million in the same month of the previous year, data released on Tuesday by the State Bank of Pakistan (SBP) showed.

This is the first current account deficit since July 2024.

Meanwhile, for December, the surplus was originally reported to be at $582 million, but the SBP revised it in the latest data to be at $474 million.

Overall, the figure takes Pakistan’s current account to a surplus of $682 million in the first seven months of the current fiscal year (7MFY25), in stark contrast to a massive deficit of $1.801 billion in the same period of the previous fiscal year.

Source:
https://www.brecorder.com/news/4034...420mn-current-account-deficit-in-january-2025