On Friday, Prime Minister Muhammad Shehbaz Sharif celebrated the current account surplus’s rise to $2.1 billion for the fiscal year 2024–2025.
He stated in a statement that it was a very good development that the current account surplus had increased to its best level in the previous 22 years.
“Foreign exchange reserves have surpassed $19 billion as a result of government actions,” he continued.
The prime minister claimed that a large rise in exports and remittances was the primary driver of the current account surplus’s stability, and that as time went on, better financial and economic data demonstrated that the nation’s economy was headed toward stability.
