Remittance boost: C/A back to surplus in Jan

Pakistan’s current account returned to surplus in January 2026, supported by higher inflows of workers’ remittances. According to the State Bank of Pakistan (SBP), the current account posted a surplus of USD 121 million in January 2026, compared with a deficit of USD 265 million in December 2025. On a year-on-year basis, the external balance also improved, as it also posted USD 393 million deficit in January 2025. During the current fiscal year, Pakistan’s external account has shown a mixed trend, alternating between deficits and surpluses on a month-to-month basis. In the first seven months of FY26, the current account recorded surpluses in three months and deficits in four. The account posted a deficit of USD 254 million in July 2025, which widened to USD 325 million in August before turning into a surplus of USD 100 million in September. It slipped back into a deficit of USD 291 million in October, recovered to a surplus of USD 98 million in November, and again moved into a deficit of USD 265 million in December.