Macro Analysis /
Pakistan

Pakistan: Worsening current account deficit yet to react to tightening measures

  • Pakistan’s current account deficit reaches a new high of US$1.9bn

  • Imports remain the culprit, but remittances also declined

  • PBS data showed a worse trade deficit, meaning CAD should remain large in December 2021

Saad Ali
Saad Ali

Head of Research

Intermarket Securities
21 December 2021