Jameel Ahmad sees Pakistan current account gap at 0–1%

Governor Jameel Ahmad told ICMA graduates that external stability is improving, with GDP growth at 3.7% in FY26 and inflation expected to ease again.

SBP Governor Jameel Ahmad expects the current account deficit to stay between 0% and 1% of GDP.

Real GDP growth rose from a FY23 contraction to 3.7% in FY26, with further improvement expected this fiscal year.

Inflation stayed near the SBP target in FY26; it has risen since, but he expects it to ease with careful monetary policy.

He said earlier rate hikes and fiscal discipline helped cut inflation from above 30% and avert a deeper financing crisis.

He spoke at ICMA Pakistan’s annual convocation and urged graduates to favour evidence and professional ethics.

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