Pakistan’s current account surplus for the July-April was a provisional $748 million, compared with a deficit of $3.456 billion in the same period last year, the central bank said on Tuesday.
In April, the current account had a provisional surplus of $716 million compared with a surplus of $230 million in March.
The current account deficit for the 2009/10 fiscal year was $3.946 billion, compared with $9.261 billion in 2008/09 fiscal year.
In April, current transfers amounted to $1.357 billion, out of these remittances from overseas Pakistanis totalled $1.030 billion.
Pakistan’s trade deficit narrowed to $870 million in April from $1.30 billion a year earlier.