Macro Analysis /
Pakistan

Pakistan Economy: Balance of Payments – Another large CAD in August

  • Pakistan’s CAD swells past US$1.0bn again in August 2021

  • This is almost entirely attributed to the rise in imports, while exports and remittances remain healthy

  • We expect CAD to normalise to less than US$1bn per month but the PKR should remain under pressure

Saad Ali
Saad Ali

Head of Research

Intermarket Securities
17 September 2021