Jameel Ahmad sees external shortfall holding within 1% of GDP
At ICMA Pakistan’s yearly graduation event, Governor Jameel Ahmad tied a contained external shortfall to firmer foundations after the hard 2022–23 correction and recovered growth.
Governor Jameel Ahmad projects the current account deficit of Pakistan at 0–1% of GDP.
He spoke at ICMA Pakistan’s annual graduation ceremony.
Real GDP growth rebounded to 3.7% in FY26 after a FY23 contraction.
FY26 inflation stayed near the bank’s target band; later rises are expected to ease with tight policy.
Earlier rate hikes and temporary FX outflow curbs helped avert a deeper financing crisis, he said.