Overview

• Pakistan Bureau of Statistics data show the September goods deficit at $3.3 billion, up 46% year over year and 16% from August.
• Exports reached $2.5 billion in September, down 12% from a year earlier but 4% higher than August, with $332 million less earned than last September.
• Imports rose to $5.8 billion, 14% higher than a year ago and 11% above August, equating to $517 million more than the prior month.
• The July–September goods shortfall widened to $9.4 billion, a 33% increase from the same quarter last year.
• As of September 19, foreign exchange reserves stood at $19.8 billion including $14.4 billion at the State Bank, while the finance ministry projects a manageable current account supported by remittances.