Pakistan Faces $649 Million Current Account Deficit in June, FY26 Wraps Up with a Shortfall

In a surprising turn of events, Pakistan’s economy recorded a current account deficit of $139 (approx. Rs 38,640) million for the fiscal year 2025-26 (FY26). This marks a significant shift from the previous year, where the country enjoyed a surplus of $1.83 (approx. Rs 510)8 billion. The figures were recently released by the State Bank of Pakistan (SBP), shedding light on the nation’s financial health.

The annual current account deficit corresponds to just 0.03% of the Gross Domestic Product (GDP), a considerable drop compared to the 0.45% surplus enjoyed last fiscal year. This shift indicates potential challenges ahead for the economic landscape as the country grapples with balancing its finances.

With such fluctuations in account balances, it’s crucial for the authorities to navigate these financial waters carefully, ensuring strategies are in place to manage the deficit effectively. As we keep an eye on the economic developments, let’s hope for a swift recovery in the coming months!

Note: PKR figures are approximate, based on a rate of Rs 278.00 per USD. Exchange rates fluctuate — please check the latest dollar rate for exact pricing.