Current Account Deficit Pakistan March 2022


KARACHI: Pakistan’s current account deficit reached $1.03 billion in March 2022, compared to $369 million recorded in the same period of the previous year, the data released by the State Bank of Pakistan (SBP) showed on Saturday.

The SBP said a “turnaround in the current account” has continued as a deficit of $1 billion is lower than the average during FY22.

“Despite high global commodity prices, the turnaround in the current account continues, with a deficit of $1bn in Mar, $500mn lower than the average during FY22,” tweeted the SBP.

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