Current account: difficult times ahead

19 Jan, 2012

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Key items, balance of payments - Nov FY12
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                                                      Jul-Dec
(million $)               Dec FY12   Nov FY12      FY12      FY11
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Current account balance        160       -688    -2,154         8
Exports                      2,057      1,918    12,124    11,112
Imports                      3,082      3,157    19,743    16,882
Workers remittances         1,085        925     6,325     5,291
Financial account             -282        444        97       979
Direct investments             112         96       532       840
Portfolio investments          -29        -13      -142       233
SBP gross reserves          14,451     14,583    14,451    15,041
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Source: SBP

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