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Q1 CA deficit soars 16pc YoY on higher imports
KARACHI: The country’s current account deficit widened by 16 percent in the first quarter of this fiscal year, mainly due to a higher goods import bill. The State Bank of Pakistan (SBP) reported on Friday that Pakistan posted a current account deficit of USD 874 million during July-Sep of FY27 compared to USD 755 million in same period of the last fiscal year (FY26), depicting an increase of USD 119 million. On a year-on-year basis, Pakistan’s current account posted a deficit of USD 356 million in September 2026, reversing a surplus of USD 133 million recorded in the corresponding month of the...
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