IMF Review Mission to Visit Pakistan in February for $1 Billion Loan Tranche Talks
Pakistan is preparing for an IMF review mission expected in February, as negotiations on the third review of the loan programme aim to unlock the next $1 billion tranche while seeking targeted relief for salaried individuals and industry.
Defying the Consensus: What Drove the SBP’s Unexpected 50bps Rate Cut
The State Bank of Pakistan surprised financial markets by cutting its policy rate by 50 basis points despite expectations of no change. This article breaks down the inflation outlook, growth signals, external sector risks, and fiscal challenges that shaped the central bank’s decision and what it means for Pakistan’s economic trajectory.
SBP Defies Consensus With Early Rate Cut as Inflation, Growth Signals Shift
An analysis of the State Bank of Pakistan’s unexpected 50 basis point policy rate cut, unpacking the inflation outlook, growth signals, external stability, and fiscal risks that shaped the MPC’s decision.
SBP Moderates Foreign Exchange Purchases in FY26 as Market Conditions Stabilize
The State Bank of Pakistan has slowed its foreign exchange purchases in FY26, accumulating USD 446 million so far—well below last year’s levels—as market conditions shift and intervention needs moderate.
ADB Warns of Policy Risks as Pakistan Faces Fragile Growth Outlook
The Asian Development Bank has cautioned that Pakistan’s economic recovery remains fragile, highlighting risks of policy slippage, weak investment, and heavy taxation, despite official claims of stabilization.
ADB Maintains Pakistan’s FY26 Growth Forecast at 3pc Amid Regional Trade Slowdown
ADB projects Pakistan’s economy to grow by 3% in FY26, maintaining its forecast despite regional trade pressures, while revising FY25 growth to 2.7% amid stronger industrial and services sector performance.

