Islamabad: Country’s Current Account posted a significant Surplus of US$ 459 Million in May 2026 compared to deficit of US$ 276 Million posted in April 2026. The primary reason for Surplus is increase in foreign remittances, where Workers’ remittances grew 15.4% from $3.69 billion in May 2025 to $4.25 billion in May 2026.
According to JS Global’s Head of Research, Waqas Ghani, remittances reached a record $4.25 billion, helping offset the country’s trade deficit. Exports rose over 1% year-on-year to $3.21 billion, while imports increased nearly 2% to $6.49 billion.
For the first 11 months of FY26, Pakistan posted a cumulative current account surplus of $255 million, compared to $1.62 billion in the same period last year.
Finance Minister’s Advisor Khurram Schehzad said the surplus reflects improving external accounts, noting that Pakistan has recorded four surpluses in the last five months. Country’s Foreign exchange reserves also rose to $17.2 billion according to SBP.
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