SBP Injects Over Rs4 Trillion into Money Market Through Reverse Repo and Modarabah-Based OMO
The State Bank of Pakistan (SBP) conducted a large-scale Open Market Operation (OMO) to inject over Rs4.24 trillion into the financial system, addressing short-term liquidity needs through both conventional reverse repo and Shariah-compliant Modarabah-based instruments.
OGDCL Receives Rs. 7.72 Billion Fourth Interest Payment Under Government’s Circular Debt Settlement Plan
Oil & Gas Development Company Limited (OGDCL) has received Rs. 7.72 billion as the fourth interest installment from Power Holding (Private) Limited (PHL) under Pakistan’s circular debt settlement plan, marking continued progress in addressing the financial challenges within the country’s energy sector.
SBP and IFC Sign Strategic Agreement to Expand Local Currency Financing in Pakistan
The State Bank of Pakistan and International Finance Corporation have inked a landmark agreement to strengthen local currency financing in Pakistan, aiming to support private sector growth and reduce foreign currency exposure for businesses.
Surge in gold prices lifts Pakistan’s foreign reserves close to all-time peak
A global gold rally in 2025 has significantly increased the value of Pakistan’s gold holdings, pushing total reserves close to their all-time high as the country benefits from rising metal prices and stronger external buffers.
Pakistan’s Bank Deposits-to-GDP Ratio Drops to Lowest Level Among Peers: SBP
Pakistan’s deposits-to-GDP ratio has dropped to its lowest among peer economies despite record financial inclusion, according to SBP. Weak deposit growth, inflation, taxation, and religious factors are driving savers toward alternative assets, raising concerns about long-term investment financing and financial stability.
Pakistan’s Economy Stabilizes as Growth Rebounds to 3%: SBP
Pakistan’s economy regained stability in FY25 as inflation fell to an eight-year low, external accounts improved, and growth rebounded to 3%. SBP projects further growth in FY26 but warns of climate risks and emphasizes structural reforms to sustain economic momentum.
SBP Injects Over Rs10 Trillion Through OMO to Stabilize Liquidity
The State Bank of Pakistan has injected over Rs10 trillion into the banking system through conventional and Shariah-compliant OMOs to stabilize liquidity and support the financial sector. This strategic move underscores SBP’s dual liquidity management framework for both conventional and Islamic markets.
IMF forecasts Pakistan’s net government debt to rise to 65.7% of GDP by 2026
The IMF’s latest Fiscal Monitor report projects Pakistan’s net government debt to increase to 65.7% of GDP by 2026, alongside a modest improvement in fiscal balance and revenue performance.
State Bank of Pakistan Named Resolution Authority for Banks, MFBs, and DFIs Under New Amendments
State Bank of Pakistan has been officially designated as the resolution authority for banks, microfinance banks, and development finance institutions through amendments to the Banking Companies Ordinance 1962. The central bank has issued detailed resolution planning guidelines to strengthen financial stability and manage distressed institutions more effectively.
SBP Reserves Edge Up by $20 Million, Reflecting External Stability
Pakistan’s foreign exchange reserves recorded a modest weekly increase of $20 million, reaching $14.42 billion at the SBP level. The stability follows a $500 million Eurobond repayment, signaling external account resilience.

