SBP Governor Jameel Ahmad Highlights Pakistan’s Economic Recovery and Policy Priorities
State Bank of Pakistan Governor Jameel Ahmad highlights Pakistan’s economic recovery, easing inflation outlook, fiscal discipline and evidence-based policymaking at the ICMA Pakistan convocation.
SBP Dollar Purchases Boost Pakistan Reserves as Currency Policy Debate Intensifies
Pakistan’s central bank has significantly increased foreign exchange reserves through interbank dollar purchases, while its higher reserve targets and remittance forecasts raise questions about currency pricing, bank liquidity and economic growth.
SBP Buys $8.78 Billion in Forex Market, Targets $25 Billion Reserves by June 2027
The State Bank of Pakistan purchased $8.78 billion from the interbank foreign exchange market in 12 months, raised its remittance forecast to $45 billion and retained its $25 billion reserves target for June 2027.
SBP Raises Pakistan Policy Rate to 12% as Inflation Outlook Worsens
The State Bank of Pakistan raises its policy rate by 50 basis points to 12% as higher energy prices, rising inflation and external financing risks complicate the economic outlook for FY27.
Pakistan Balance of Payments Posts $3.1 Billion Surplus as Remittances Reach $10.9 Billion in FY2027
Pakistan recorded a $3.1 billion balance of payments surplus in July-September FY2027, supported by higher remittances, a $3 billion Eurobond issuance and stronger foreign investment.
IMF Projects Pakistan Current Account Deficit at $4.5 Billion and Financing Needs at Up to 25% of GDP
The IMF warns Pakistan faces external financing risks from rising imports and moderating remittances, projecting a $4.5 billion current account deficit and financing needs of 22% to 25% of GDP.
Pakistan FX Reserves Rise to $21.5 Billion as GDP Growth Reaches 3.7% in FY26
Pakistan’s foreign exchange reserves recovered to $21.5 billion by October 9, 2026, while economic growth reached 3.7% in FY26, according to State Bank Governor Jameel Ahmad.
Pakistan Accounts for 48% of Menaap Extreme Poor, World Bank Says
World Bank says Pakistan accounts for about 48% of people living below $3 a day in the Menaap region as poverty rises amid economic and climate pressures.
Pakistan May Reach B+ Sovereign Rating by Q1 FY28, Says Finance Minister Aurangzeb
Finance Minister Muhammad Aurangzeb says Pakistan could achieve a B+ sovereign credit rating by Q1 FY28 as reserves, remittances and macroeconomic stability improve.
IMF Pakistan Talks: Fund Seeks End to Electricity Cross-Subsidy for Low-Usage Consumers
IMF and Pakistan begin negotiations on a draft economic policy framework, with power-sector circular debt, electricity subsidies, tax collection and the current account deficit among key issues.