Macro Analysis /

Pakistan Economy: Balance of payments Feb'22 – Lowest CAD in the past 10 months

  • For the first time in FY22, Pakistan CA balance has shown considerable improvement, thanks to recent remedial measures

  • A 40% reduction in the trade balance was the major contributing factor: imports fell 18% mom while exports rose 16% mom

  • Pakistan’s forex reserves held steady. Continuation of the IMF program is important for the trend to persist

Saad Ali
Saad Ali

Head of Research

Intermarket Securities
21 March 2022


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