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Pakistan Reports $1.21 Billion Current Account Surplus

1/20/2025

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Summary

Story summary

Pakistan celebrated a remarkable turnaround with a current account surplus of $1.21 billion in the first half of fiscal year 2025, a stark contrast to last year's $1.39 billion deficit. December alone contributed $582 million to this success, fueled by rising remittances and exports. Prime Minister Shehbaz Sharif hailed this as a testament to effective economic policies.

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Story summary

Pakistan celebrated a remarkable turnaround with a current account surplus of $1.21 billion in the first half of fiscal year 2025, a stark contrast to last year's $1.39 billion deficit. December alone contributed $582 million to this success, fueled by rising remittances and exports. Prime Minister Shehbaz Sharif hailed this as a testament to effective economic policies.