Pakistan, May 1 -- Finance Minister Muhammad Aurangzeb has projected that Pakistan's balance of current account will remain in surplus for the full fiscal year 2024-25, partially contradicting with the central bank estimation that the balance may either be in a deficit of 0.5% in the year.

The State Bank of Pakistan (SBP) in its half-yearly report 2024-25 anticipated that the full-year current account would be either in a deficit of 0.5% or in a surplus of 0.5% for FY25.

However, speaking at a pre-budget seminar at the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) in Karachi on Wednesday, the finance czar said the current account would remain positive for full FY25.

He said the country's tax-to-GDP ratio would surge ...