June 26, 2025
Remittance and aid inflows keep financial account in surplus despite FDI drop
An economist notes record remittance inflow in March, says financial account remains stable
Trade deficit widens 14.0% to record $140.5 billion in March, while goods imports accelerate 5.4% to all-time high of $346.8 billion
Economists polled by Reuters have forecast the trade deficit rising to $137.0 billion from the previously reported $122.7 billion in February
The calculation of the trade deficit is becoming “conceptual”, he says
Balance of payments also shows signs of improvement during the same period
Officials see US LNG as a new source beyond GCC amid looming tariff pressure under Trump’s new “reciprocal tariff” policy
Export growth outpaces import, reducing deficit to $11.75 billion in July to January