Pakistan registered a current account deficit of USD 139 million in the last fiscal year. This marked a reversal from the previous year's surplus of USD 1.838 billion. Exports saw minimal growth while imports remained high, creating a significant trade deficit. Remittances played a crucial role in supporting the economy during this period. The situation in West Asia could further impact the country's economic outlook.

India's financial landscape shifted in May, marked by a current account deficit alongside a narrower capital account deficit. The total balance of payments registered a $4.4…

Pakistan registered a current account deficit of USD 139 million in the last fiscal year. This marked a reversal from the previous year's surplus of USD 1.838 billion. Exports saw…

Middle East has slipped into another round of conflict and the ripple effects are already reaching Pakistan's fuel consumers. Pakistan will now revise petroleum prices every day…

THREE reports last Friday — a widening food trade gap, return to a current account deficit, and the government’s...