Balance of Payments (BOP) Remains at Surplus of Rs. 225.34 Billion
January 12, 2025 | Investopaper
Balance of Payments (BOP) remained at a surplus of Rs. 225.34 billion in the first five months of the current fiscal year 2024/25 compared to a surplus of Rs. 216.05 billion in the same period of the previous year. In the US Dollar terms, the BOP remained at a surplus of 1.67 billion in the review period compared to a surplus of 1.63 billion in the same period of the previous year.
Similarly, the current account remained at a surplus of Rs.140.71 billion in the review period compared to a surplus of Rs.141.03 billion in the same period of the previous year. In the US Dollar terms, the current account registered a surplus of 1.04 billion in the review period against a surplus of 1.06 billion in the same period last year.
In the review period, net capital transfer amounted to Rs.3.50 billion. In the same period of the previous year, such transfer amounted to Rs.2.87 billion. Similarly, in the review period, Rs.6.03 billion foreign direct (equity only) investment was received. In the same period of the previous year, such foreign direct investment (equity only) inflows amounted to Rs.3.93 billion.
Balance Of Payments In FY 2022/23
Balance of Payments (BOP) remained at a surplus of Rs.502.49 billion in the fiscal year 2023/24 compared to a surplus of Rs. 285.82 billion in the previous year. In the US Dollar terms, the BOP remained at a surplus of 3.77 billion in the review year compared to a surplus of 2.17 billion in the previous year.
Similarly, the current account remained at a surplus of Rs.221.34 billion in the review year compared to a deficit of Rs.46.57 billion in the previous year. In the US Dollar terms, the current account registered a surplus of 1.66 billion in the review year compared to deficit of 360.6 million in the previous year.
Balance Of Payments In FY 2022/23
Balance of Payments (BOP) had remained at a surplus of Rs.290.52 billion in the fiscal year 2022/23 against a deficit of Rs. 255.26 billion in the previous year. In the US Dollar terms, the BOP remained at a surplus of 2.21 billion in the review year compared to a deficit of 2.15 billion in the previous year.
However, the current account remained at a deficit of Rs.72.16 billion in the review year compared to a deficit of Rs.623.38 billion in the previous year. In the US Dollar terms, the current account registered a deficit of 557.12 million in the review year compared to deficit of 5.17 billion in the previous year.
Balance Of Payments In FY 2021/22
Balance of Payments remained at a deficit of Rs.255.26 billion in the fiscal year 2021/22 against a surplus of Rs.1.23 billion in the previous year. In the US Dollar terms, the BOP was at a deficit of 2.14 billion as compared to a deficit of 3.1 million in the previous year 2020/21.
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