{
  "id": 14954886,
  "title": "Pakistan posts $356mn C/A deficit in September 2026",
  "url": "https://urgent.news/2026/10/16/pakistan-posts-356mn-c-a-deficit-in-september-2026",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-16T12:20:23.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40444553/pakistan-posts-356mn-ca-deficit-in-september-2026"
  },
  "original_language": "en",
  "account": "Pakistan's current account recorded a deficit of $356 million in September 2026, according to data released by the State Bank of Pakistan on Friday. This marks a rise from the $73 million deficit seen in August 2026 and a surplus of $133 million in September 2025. The increase in the deficit was primarily due to a higher import bill and a slight rise in exports during the month. In September 2026, Pakistan's total exports of goods and services reached $3.95 billion, a 15% increase from $3.42 billion in the same period last year. However, the total imports rose to $7.38 billion, a 23% increase from $5.99 billion in the same period a year prior. Remittance inflows from Pakistan's workers amounted to $3.59 billion in September 2026, a 13% increase from $3.18 billion in the same month last year. For the fiscal year 2026-27 (3MFY27), the current account deficit stood at $874 million, up from $755 million in the same period of the previous fiscal year, reflecting a 16% increase. Analysts predict the current account deficit for the fiscal year 2026-27 (FY27E) to be between US$2 and US$3 billion, which would account for 0.4%-0.6% of Pakistan's GDP. The Real Effective Exchange Rate (REER) for Pakistan increased by 0.98% to 108.93 in September 2026 from 107.87 in August 2026. A REER above 100 indicates uncompetitive exports and cheaper imports, while a REER below 100 suggests the opposite.",
  "summary": "Pakistan’s current account posted a deficit of $356 million in September 2026, data released by the State Bank of Pakistan (SBP) showed on Friday. The latest figure follows a deficit of $73 million recorded in August 2026 and a surplus of $133 million in September 2025. The August 2026 deficit was revised down from $98 million to $73 million. The deficit came from a significantly higher import…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Business Recorder",
        "title": "Pakistan posts $356mn current account deficit in Sept 2026",
        "url": "https://urgent.news/2026/10/16/pakistan-posts-356mn-current-account-deficit-in-sept-2026",
        "published": "2026-10-16T12:49:17.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}