Archive · Business Recorder
The remittance support to current account
The current account remains comfortably placed in the opening months of FY27. The August deficit was modest, and the cumulative position is still broadly consistent with the annual target. There is little to worry about at this stage. The goods and services account, however, continues to tell a different story. The goods trade deficit has widened by around 11 percent year-on-year in the first two months. This is despite some moderation in the import bill in August. The export side remains relatively muted. Textiles continue to lead the show, but growth is still in low single digits. Services, ...
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