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2MFY27: C/A deficit narrows 36pc
KARACHI: The country’s current account deficit has narrowed sharply 36 percent in the first two months (July – August) of fiscal year 2026-27 supported by healthy home remittances inflows. According to the State Bank of Pakistan (SBP) data issued on Wednesday, the current account posted a deficit of USD 543 million during July-August of FY27 compared to the deficit of USD 853 million in the same period last fiscal year (FY26), depicting a decline of USD 310 million. Monthly statistic showed that, Pakistan recorded a current account deficit of USD 98 million in August 2026, down by 78 percent f...
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