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LCCI SVP Tanveer Ahmed Sheikh lauds Pakistan’s current account surplus of $100 million in November

11 months ago
in Business
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By Commerce Reporter

LAHORE,  Dec 2025: The Senior Vice President of the Lahore Chamber of Commerce & Industry (LCCI), Mr. Tanveer Ahmed Sheikh, has welcomed the news of Pakistan posting a current account surplus of USD 100 million in November 2025, as reported by the State Bank of Pakistan.

Read also: LCCI SVP Tanveer Ahmad Sheikh hails end of transport strike, urges quick action to protect Pakistan’s supply chains

Mr. Sheikh termed the surplus a positive and encouraging development, especially as it reverses the deficit recorded in the previous month. He noted that the improvement, driven largely by a reduction in trade and services deficits, reflects better macroeconomic management and growing discipline in external accounts.

 

“The current account surplus is a welcome sign for the business community. It helps stabilize the exchange rate, improves investor confidence, and eases pressure on foreign exchange reserves,” he said.

 

However, the LCCI SVP emphasized that sustainability is key. He stressed the need for long-term structural reforms to ensure that such surpluses are not short-lived. These include boosting exports, facilitating import substitution, improving logistics and energy efficiency, and reducing the cost of doing business.

 

Mr. Sheikh further urged the government to capitalize on this momentum by:

• Supporting export-oriented industries

• Ensuring uninterrupted energy supply at competitive rates

• Providing policy consistency and tax rationalization

• Facilitating SMEs and manufacturers with easier access to finance

 

He added that chambers of commerce across Pakistan are ready to work closely with the government and policymakers to translate these macroeconomic improvements into sustained industrial growth, job creation, and higher exports.

 

“The business community believes that with the right policies and continuity, Pakistan can move towards long-term external stability and inclusive economic growth,” Mr. Sheikh concluded.

 

 

Tags: [:en]LccI[:]Business CommunityCurrent Account surplusEconomic Stabilityexportsexternal accountsPakistan EconomyState Bank of PakistanTanveer Ahmed Sheikhtrade deficit
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