Karachi, December 20, 2013 (PPI-OT):
Summary Balance of Payments as per BPM6- November 2013 Jul-Sep Oct-Dec Jan-Mar Apr-Jun Jul-Jun Jul-Sep Oct Nov Jul-Nov FY13 FY13 FY13 FY13 FY13 FY12 FY14 FY14 FY14 FY14 FY13 Current account balance 439 -522 -1172 -1211 -2466 -4658 -1200 -96 -589 -1885 -684 Current account balance without off. transfers 372 -654 -1284 -1302 -2868 -5243 -1268 -102 -601 -1971 -824 Exports of goods FOB 6151 6003 6192 6456 24802 24718 6286 2069 1850 10205 10295 Imports of goods FOB 9776 10284 9871 10199 40130 40370 10667 3609 3198 17474 16943 Balance on trade in goods -3625 -4281 -3679 -3743 -15328 -15652 -4381 -1540 -1348 -7269 -6648 Exports of services 2173 2058 1201 1292 6724 5013 1100 635 325 2060 3007 Imports of services 2065 2213 1936 2067 8281 8318 1852 671 634 3157 3570 Balance on trade in services 108 -155 -735 -775 -1557 -3305 -752 -36 -309 -1097 -563 Balance on trade in goods and services -3517 -4436 -4414 -4518 -16885 -18957 -5133 -1576 -1657 -8366 -7211 Primary income credit 111 143 63 171 488 826 147 25 70 242 183 Primary income debit 803 1163 910 1285 4161 4071 966 408 556 1930 1667 Balance on primary income -692 -1020 -847 -1114 -3673 -3245 -819 -383 -486 -1688 -1484 Balance on goods, services and primary income -4209 -5456 -5261 -5632 -20558 -22202 -5952 -1959 -2143 -10054 -8695 Secondary income credit 4666 4967 4097 4453 18183 17686 4770 1865 1559 8194 8050 General government 67 137 112 96 412 658 72 6 14 92 141 Current international cooperation 12 43 44 21 120 230 37 0 8 45 55 Other official current transfers 55 94 68 75 292 428 35 6 6 47 86 Financial corporations, non-financial corporations, households and NPISHs 4599 4830 3985 4357 17771 17028 4698 1859 1545 8102 7909 Workers' remittances 3599 3518 3237 3568 13922 13186 3927 1349 1131 6407 5982 Other personal transfers 0 0 0 0 0 0 0 0 0 0 0 Other current transfers 1000 1312 748 789 3849 3842 771 510 414 1695 1927 Secondary income debit 18 33 8 32 91 142 18 2 5 25 39 Balance on secondary income 4648 4934 4089 4421 18092 17544 4752 1863 1554 8169 8011 Capital account balance 30 68 94 72 264 183 52 7 15 74 55 Capital account credit 30 68 95 73 266 186 52 7 15 74 55 Capital account debit 0 0 1 1 2 3 0 0 0 0 0 Net lending (+) / net borrowing () (balance from current and capital accounts) 469 -454 -1078 -1139 -2202 -4475 -1148 -89 -574 -1811 -629 Financial account 406 156 -116 -791 -345 -1280 -627 147 -246 -726 318 Direct investment -102 -419 81 -818 -1258 -744 -172 -32 -47 -251 -283 Direct investment abroad 23 25 143 7 198 77 59 21 0 80 33 Equity and investment fund shares (including reinvested earnings) 19 24 143 7 193 77 59 21 0 80 28 Debt instruments 4 1 0 0 5 0 0 0 0 0 5 Direct investment in Pakistan 125 444 62 825 1456 821 231 53 47 331 316 Equity and investment fund shares (including reinvested earnings) 223 449 182 857 1711 1053 233 82 50 365 411 Debt instruments -98 -5 -120 -32 -255 -232 -2 -29 -3 -34 -95 Portfolio investment -109 5 -6 84 -26 144 -107 -34 98 -43 -125 Portfolio investment abroad 5 17 63 14 99 32 1 0 26 27 18 Equity and investment fund shares 29 17 62 31 139 57 1 0 0 1 42 Debt instruments -24 0 1 -17 -40 -25 0 0 26 26 -24 Portfolio investment in Pakistan 114 12 69 -70 125 -112 108 34 -72 70 143 Equity and investment fund shares 96 34 69 -79 120 -60 39 34 40 113 147 Debt instruments 18 -22 0 9 5 -52 69 0 -112 -43 -4 Financial derivatives (other than reserves) and employee stock options 0 0 0 0 0 0 0 1 0 1 0 Jul-Sep Oct-Dec Jan-Mar Apr-Jun Jul-Jun Jul-Sep Oct Nov Jul-Nov FY13 FY13 FY13 FY13 FY13 FY12 FY14 FY14 FY14 FY14 FY13 Other Investment 617 570 -191 -57 939 -680 -348 212 -297 -433 726 Net acquisition of financial assets 420 624 -442 -114 488 -9 -420 182 -326 -564 745 Central Bank 0 0 0 0 0 0 0 0 0 0 0 Deposit-taking corporations 285 418 -453 50 300 91 -448 321 -292 -419 497 General Government -4 2 3 1 2 -3 0 2 2 4 -3 Other Sector 139 204 8 -165 186 -97 28 -141 -36 -149 251 Net incurrence of liabilities -197 54 -251 -57 -451 671 -72 -30 -29 -131 19 Central Bank 0 -2 -3 715 710 -105 245 0 0 245 0 Deposit-taking corporations -310 -28 -1 -778 -1117 220 154 -10 63 207 -320 General Government 17 312 -171 60 218 998 -282 -2 -92 -376 260 Disbursements 398 1008 500 594 2500 2633 501 123 315 939 1128 Credit and loans with the IMF (other than reserves) 0 0 0 0 0 0 0 0 -136 0 0 Other Long-term 398 752 500 594 2244 2633 368 123 315 806 965 Short-term 0 256 0 0 256 0 133 0 0 133 163 Amortization 381 696 671 534 2282 1577 783 125 407 1315 868 Credit and loans with the IMF (other than reserves) 0 90 136 135 361 0 180 0 136 316 90 Other Long-term 381 345 405 399 1530 1477 603 125 271 999 648 Short-term 0 261 130 0 391 100 0 0 0 0 130 Other Liabilities (net) 0 0 0 0 0 -58 0 0 0 0 0 Other Sector 96 -228 -76 -54 -262 -442 -189 -18 0 -207 79 Disbursements 153 136 82 38 409 558 16 35 26 77 175 Amortization 87 273 107 151 618 638 147 59 46 252 189 Other Liabilities (net) 30 -91 -51 59 -53 -362 -58 6 20 -32 93 Net Errors and Omissions -91 7 -170 119 -135 -80 -672 -115 -201 -988 -41 Overall Balance 28 603 1132 229 1992 3275 1193 351 529 2073 988 Reserves and Related Items -28 -603 -1132 -229 -1992 -3275 -1193 -351 -529 -2073 -988 Reserve Assets -472 -1323 -1716 -1019 -4530 -4430 -1321 -461 -1106 -2888 -2029 Use of Fund Credit and Loans -444 -720 -584 -790 -2538 -1155 -128 -110 -577 -815 -1041 Exceptional Financing 0 0 0 0 0 0 0 0 0 0 0 SBP Gross Reserves incl CFC less RBI unsettled claims# 11485 10094 8283 7198 7198 11905 5907 5464 4344 4344 9881 CRR/SCRR 1075 1066 1136 1151 1151 1049 1168 1189 1226 1226 1087 SBP Reserves( Excluding CRR /SCRR) 10410 9028 7147 6047 6047 10856 4739 4275 3118 3118 8794 SBP Reserves excluding CRR/SCRR, Foreign Curency Cash holding 10358 8987 7126 6008 6008 10803 4691 4230 3048 3048 8703 DMB's Reserves- Net of CRR/SCRR 1,484 1,881 1,364 1,337 1,337 1,278 1,038 1,333 1,060 1,060 1,646 DMB's Reserves- Net of CRR/SCRR and placements other than FE25 1,438 1,849 1,334 1,292 1,292 1,204 944 1,280 992 992 1,608 Memorandum Items : 0 0 0 0 0 0 0 0 0 0 0 Exports of goods and services 8324 8061 7393 7748 31526 29731 7386 2704 2175 12265 13302 Exports of non-factor services 2173 2058 1201 1292 6724 5013 1100 635 325 2060 3007 Export Growth -0.0 1.3 -1.2 1.4 0.3 - 2.2 -2.3 -8.7 -0.9 - Imports Growth -5.7 6.3 -1.9 -0.6 -0.6 - 9.1 -3.6 -6.6 3.1 - Current account % of GDP 0.7 -0.9 -2.0 -2.0 -1.0 -2.1 -1.9 -0.5 -2.8 -1.8 -0.69 GDP/ 59130 59130 59130 59130 236520 225108 63201 21067 21067 105335 98550
# includes foreign Currency Cash holding and excludes unsettled claim on RBI GDP relates to specific period under the column P Provisional
For more information, contact:
Syed Wasimuddin
Chief Spokesman
State Bank of Pakistan (SBP)
Tel: +9221 3921 2562
Fax: +9221 3921 2563
Email: syed.wasimuddin@sbp.org.pk