Economy: Pakistan’s Current Account Swings from Surplus to Deficit in Jan’25 - By AHCML Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Pakistan&rsquo;s current account balance recorded a deficit of USD 420mn in Jan&rsquo;25 compared to surplus of USD 474mn in Dec&rsquo;24. Moreover, CA balance was at USD 404mn in Jan&rsquo;24.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Exports of goods increased decently by 10% YoY to USD 2,940mn in Jan&rsquo;25, while imports mounted by 17% YoY to USD 5,455mn, resulting in a trade deficit of USD 2,515mn, up by staggering 26% YoY/37% MoM.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Exports of services grew by meagre 1% YoY, reaching USD 691mn, while imports of services also increased by 4% YoY to USD 1,006mn, pulling the deficit on balance of...