Pakistan Confidently Eyes $25.9 Billion Debt Repayment as Forex Reserves Rise, Says SBP Governor
Governor SBP Jameel Ahmed says Pakistan is well-positioned to manage its $25.9 billion external debt obligations in FY26, backed by rising foreign exchange reserves, increased multilateral funding, and improving macroeconomic indicators.
Pakistan to License Banks and Exchange Companies Under New Crypto Regulatory Framework
Pakistan has initiated the rollout of its Virtual Assets Act 2025, announcing plans to license banks and exchange companies for cryptocurrency operations under the newly established Pakistan Virtual Asset Regulatory Authority (PVARA).
SBP Reserves Drop by $2.66 Billion on Debt Repayments, Recovery Expected Through Fresh Inflows
The State Bank of Pakistan’s foreign reserves dropped by $2.66 billion in one week due to major debt repayments. However, fresh inflows exceeding $3 billion are expected to reverse the decline in upcoming data.