The Ministry of Finance on Tuesday released its Monthly Economic Outlook Report for 2025, showing an uptick in remittances and exports during July-August but also highlighting a widening current account deficit.

According to the report, remittances surged by 7% year-on-year to $6.35 billion in the first two months of FY2025. In August alone, inflows rose 6.6% to $3.13 billion.

Exports also posted a healthy growth of 10.2%, reaching $5.29 billion in July-August, compared to the same period last year.

In August, exports grew 2.9% to $2.51 billion. Imports, however, outpaced export growth, rising 8.8% to $10.4 billion in the first two months. Imports during August stood at $4.98 billion, reflecting a 5.8% increase.

The report noted that the current account deficit widened to $624 million in July-August, up from $430 million in the corresponding period last year.

For August 2025 alone, the deficit was recorded at $245 million.

On the investment side, foreign direct investment (FDI) showed mixed trends.

Cumulative FDI for July-August increased 22% year-on-year to $364.3 million.

However, in August, inflows fell sharply by 42.6%, down to $156.2 million.

The Ministry said the figures reflect both encouraging signs of resilience in remittances and exports, as well as ongoing pressure from imports and balance-of-payments challenges.