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 Projects Pakistan Forex Reserves to Reach $25 Billion by June 2027
State Bank of Pakistan Governor Jameel Ahmad expects foreign exchange reserves to rise to $25 billion by June 2027, supported by market dollar purchases and improved external stability.
Muhammad Aurangzeb Presents Pakistan’s Economic Recovery and Investment Outlook at JP Morgan Seminar
Finance Minister Muhammad Aurangzeb highlighted Pakistan’s economic stabilisation, fiscal reforms, foreign exchange reserves and efforts to diversify financing during a JP Morgan investment seminar in Bangkok.
Pakistan Public Debt Rises 7.7% to Rs86.72 Trillion at End of FY26
Pakistan’s public debt increased 7.7% to Rs86.72 trillion by June 2026, while the debt-to-GDP ratio, interest payments and fiscal deficit declined during FY26.
Pakistan Targets $15 Billion Foreign Financing as IMF Seeks Faster Energy Reforms
Pakistan expects $15 billion in foreign financing this fiscal year while the IMF urges faster energy reforms and compliance with circular debt targets.
Pakistan Launches Process For Five And 10 Year Dollar Eurobond
Pakistan has launched the process for a benchmark U.S. dollar denominated dual tranche Eurobond with five year and 10 year maturities, marking a potential return to international capital markets.
S&P Sees More Pakistan Rating Upgrades If Fiscal Deficit Stays Below 3% Of GDP
S&P Global Ratings says Pakistan could secure further sovereign rating upgrades if it keeps the fiscal deficit below 3% of GDP, reduces government debt below 60% and strengthens institutions.
Pakistan Total Debt and Liabilities Rise to Rs99.59 Trillion in FY26
Pakistan’s total debt and liabilities increased 5.51% year on year to Rs99.59 trillion in FY26, while debt servicing declined 9.08% to Rs11.97 trillion, according to State Bank of Pakistan data.
Pakistan Seeks $1.3 Billion China Refinancing to Support Foreign Exchange Reserves
Pakistan has reportedly requested China to refinance a $1.3 billion commercial loan, with the expected inflow aimed at supporting foreign exchange reserves as the country manages external debt repayments and financing requirements.
SBP Governor Forecasts $5 Billion Drop in Pakistan’s FY27 Debt Servicing Bill
State Bank of Pakistan Governor Jameel Ahmad announces Pakistan’s FY27 external debt servicing will fall to $21.5 billion, aided by a $6 billion rollover.

