KARACHI: A surplus of $1.07 billion in March pushed the current account to the positive side, belying speculations of a massive deficit in the wake of the Gulf standoff.
The State Bank of Pakistan (SBP) data showed that the country posted a current account surplus of $8m for the July-March FY26 period, driven by strong performance in March. The country had seen a surplus of $1.27bn in March 2025.
However, this was the first quarter to end with a surplus this fiscal year. The first quarter, July-September of FY26, recorded a deficit of $737m, and October-December witnessed a deficit of $624m.
The third quarter, Jan-March, saw a significant surplus of $1.369bn, bringing the overall current account into the positive.
$1.07bn surplus reverses trend
