Pakistan recorded a current account surplus of $2.1 billion in the fiscal year 2024–25, according to the State Bank of Pakistan (SBP).
According to details surfaced on Friday, this marked the first annual surplus in 14 years. This compared to a deficit of $2 billion in the preceding fiscal year.
The central bank reported a monthly surplus of $330 million in June 2025, a notable shift from the $500 million deficit recorded in June 2024.
Experts have attributed the improvement to record-high remittances.
Also Read: Foreign exchange reserves fall below $20bn: SBP
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.
