Pakistan: Pakistan has posted the current account surplus of 427 million dollars in February this year, the highest since March of last year. According to Radio Pakistan, Adviser to the Finance Minister Khurram Schehzad shared recent key positive economic indicators, highlighting that remittances grew by eleven percent in the first eight months of the current fiscal year. Foreign Direct Investment rose by twenty-four percent in February. IT and technology exports reached around three billion dollars in the first eight months of the current fiscal year, marking a twenty percent increase. Additionally, Pakistan's Forex Reserves are at a four-year high, with improved import coverage. Large-scale manufacturing recorded double-digit growth in January, rising around twelve percent. The cumulative growth of the sector reached six percent in the first seven months of the current fiscal year. Khurram Schehzad stated that Pakistan has been able to secure energy supplies for March and most of April. Despite external and regional challenges, strengthening macro fundamentals are helping build buffers and a stronger foundation to face future challenges with greater resilience.
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