![Pakistan records $729M current account surplus in Nov, the highest in 10 years, driven by reduced deficits and strong remittances [Image via Reuters]](https://southasiatimes.org/wp-content/uploads/2024/12/580072_1110544_updates.webp "580072_1110544_updates")
Pakistan Records 10-Year-High Current Account Surplus
News Desk
December 18, 2024
Pakistan records $729M current account surplus in Nov, the highest in 10 years, driven by reduced deficits and strong remittances
Pakistan records $729M current account surplus in Nov, the highest in 10 years, driven by reduced deficits and strong remittances
![Pakistan's remittances surge 34% amid a crackdown on illegal dollar trade, boosting reserves to a 2-year high. [Representational Image via Propakistani]](https://southasiatimes.org/wp-content/uploads/2024/12/Pakistans-foreign-exchange-reserves-e1734335931440.webp "Pakistans-foreign-exchange-reserves-e1734335931440")
Pakistan’s remittances surge 34% amid a crackdown on illegal dollar trade, boosting reserves to a 2-year high.
![Pakistan explores syndicate financing from IsDB and seeks Saudi Oil Facility amid IMF concerns over the SOF's viability. [Image via The News]](https://southasiatimes.org/wp-content/uploads/2024/12/1260097_3324894_IDB_akhbar.webp "1260097_3324894_IDB_akhbar")
Pakistan explores syndicate financing from IsDB and seeks Saudi Oil Facility amid IMF concerns over the SOF’s viability.
![Pakistan's debt crisis: China leads as largest creditor; World Bank report highlights fiscal challenges and rising repayments. [Image via Dawn News]](https://southasiatimes.org/wp-content/uploads/2024/12/041057442d1341c.webp "041057442d1341c")
Pakistan’s debt crisis: China leads as largest creditor; World Bank report highlights fiscal challenges and rising repayments.
![Bangladesh imports 25,000 tons of sugar from Pakistan after decades, marking a major boost for Pakistan's sugar exports. [Image via The News]](https://southasiatimes.org/wp-content/uploads/2024/12/1257631_1486606_Sugar_akhbar.webp "1257631_1486606_Sugar_akhbar")
Bangladesh imports 25,000 tons of sugar from Pakistan after decades, marking a major boost for Pakistan’s sugar exports.
![Technip Energies to expand in India with new R&D lab, Ahmedabad office, and Green H2 hub, boosting its energy footprint. [Image via Reuters]](https://southasiatimes.org/wp-content/uploads/2024/11/https___cloudfront-us-east-2.images.arcpublishing.com_reuters_UKSD42I7SBKQNJGGKVBGSO24LA-1600x1067.webp "https___cloudfront-us-east-2.images.arcpublishing.com_reuters_UKSD42I7SBKQNJGGKVBGSO24LA")
Technip Energies to expand in India with new R&D lab, Ahmedabad office, and Green H2 hub, boosting its energy footprint.
![RBI says rupee's exchange rate policy hasn't harmed India's export competitiveness, despite occasional overvaluation. [Image via Reuters]](https://southasiatimes.org/wp-content/uploads/2024/11/5GK3JIJ36JKSTLPI37CBTJ3PPI-1600x1124.webp "5GK3JIJ36JKSTLPI37CBTJ3PPI")
RBI says rupee’s exchange rate policy hasn’t harmed India’s export competitiveness, despite occasional overvaluation.
![Tata acquires a majority stake in IPhone plant owned by Pegatron in India, boosting its position as an Apple supplier. [Image via Reuters]](https://southasiatimes.org/wp-content/uploads/2024/11/4ON55G3HEJKIRO5GFFCBN2WLO4.webp "4ON55G3HEJKIRO5GFFCBN2WLO4")
Tata acquires a majority stake in IPhone plant owned by Pegatron in India, boosting its position as an Apple supplier.
![Pakistan discusses its $7 billion bailout reform agenda with the IMF, focusing on taxation and economic stability. [Image via Reuters]](https://southasiatimes.org/wp-content/uploads/2024/11/FU52KXIQIJMIHITY3UCURKXQ5E.webp "FU52KXIQIJMIHITY3UCURKXQ5E")
Pakistan discusses its $7 billion bailout reform agenda with the IMF, focusing on taxation and economic stability.
![PSX hits record highs as KSE-100 Index crosses 93,000 points; driven by strong corporate results, economic indicators, and rate cuts. [Reuters]](https://southasiatimes.org/wp-content/uploads/2024/11/08124143858cc15.webp "08124143858cc15")
PSX hits record highs as KSE-100 Index crosses 93,000 points; driven by strong corporate results, economic indicators, and rate cuts.