Pakistan’s BoP deficit widens to $4.39bn in Sept...

Summary

• Pakistan’s goods trade deficit increased 21.1% to $9.33 billion in the first quarter of fiscal year 2026-27, as imports expanded faster than exports.
• Exports from these technology-related services reached $1.25 billion during July-September, compared with $1.06 billion in the same period last year.
• Despite the rise in imports, the services trade deficit narrowed slightly to $831 million from $840 million in the corresponding period last year.

AI Generated Summary

Pakistan’s overall balance of payments (BoP) recorded a deficit of $4.39 billion in September, compared with $118 million in August, as the current account shortfall widened amid rising import payments, according to State Bank of Pakistan (SBP) data.

During July-September, the BoP posted a deficit of $3.12 billion, reversing a surplus of $274 million in the same period last year. The figures reflect growing pressure on the country’s external account, largely driven by the widening merchandise trade gap.