Pakistan’s Domestic Debt Surges to Rs54 Trillion in August Amid Fiscal Pressures
Pakistan’s total government domestic debt and liabilities surged to Rs54.28 trillion in August 2025, reflecting an 11.57% year-on-year increase, according to new data from the State Bank of Pakistan (SBP). While long-term borrowing expanded sharply, short-term obligations declined, highlighting the government’s strategy to manage debt maturity risks amid tightening fiscal conditions.
Federal Government Urges Provinces to Accelerate IMF Reforms Ahead of Key Review Deadline
The federal government has pressed Pakistan’s provincial administrations to urgently resolve pending IMF-related commitments and fiscal targets to ensure smooth progress in the second review of the $7 billion Extended Fund Facility (EFF), as well as the $1.4 billion Resilience and Sustainability Facility (RSF), with key reforms hanging in the balance.
Pakistan’s Foreign Exchange Reserves Hold Steady at $19.80 Billion: SBP
The State Bank of Pakistan (SBP) reports that the country’s total foreign exchange reserves remain steady at $19.80 billion for the week ending September 26, 2025. Slight fluctuations between central and commercial bank holdings indicate continued stability in Pakistan’s external financial position, with an expected boost from upcoming IMF disbursements.
NIBAF Strengthens Islamic Banking Skills Through Certification Program for Bank Alfalah
NIBAF successfully conducted an Islamic Banking Certification Program for Bank Alfalah officers in Karachi, led by Mufti Muhammad Najeeb Khan, reinforcing expertise and collaboration in Islamic finance.
SECP Proposes Faster Approvals for Right and Bonus Shares to Boost Corporate Efficiency
The SECP has proposed sweeping changes to speed up approvals for right and bonus share issuances in Pakistan, aiming to streamline corporate processes and strengthen market transparency.