Pakistan’s Foreign Exchange Reserves Increase After IMF Tranche
5 Articles
5 Articles
95% of revenue consumed in paying off domestic loans
SBP, PIAF and MCB Islamic Banking hold seminar on Islamic banking Lahore The speakers at an Islamic banking awareness seminar highlighted that around 95% of national revenue is consumed in paying off domestic loans, and stressed that the country’s ongoing economic challenges are rooted in deviating from Islamic financial teachings. The seminar was organized by the Pakistan Industrial Associations Front (PIAF) in collaboration with the State Bank…
Pakistan’s Liquid Foreign Reserves Reached US$ 16,648.5 million
Pakistan’s liquid foreign reserves have shown a significant upward trend, reaching US$ 16,648.5 million as of May 16, 2025. This gradual increase is achieved through substantial inflow from the International Monetary Fund (IMF) under its Extended Fund Facility (EFF) program. Out of these foreign funds, State Bank of Pakistan (SBP) holds the majority, with US$ 11,446.5 million. While the remaining US$ 5,202.0 million is held by commercial banks. …
Pakistan’s foreign exchange reserves increase after IMF tranche
KARACHI: Pakistan’s total liquid foreign reserves increased to US$16.64 billion by the week ended May 16, ARY News reported, citing the State Bank of Pakistan (SBP). Pakistan’s reserves held by the SBP increased to $ 11.44 billion following a tranche from the International Monetary Fund. “SBP reserves increased by US$ 1,043 million to US$ 11,446.5 million as SBP received 2nd tranche of SDR 760 million (US$ 1,023 million) from the IMF under EFF p…
Pakistan's foreign exchange reserves surge by over $1 billion
In a significant boost to Pakistan’s financial stability, the State Bank of Pakistan (SBP) reported a $1.04 billion increase in foreign exchange reserves for the week ending May 16, pushing the central bank’s total reserves to $11.45 billion. According to official data released Thursday, the nation’s total liquid foreign reserves—which include commercial bank holdings—reached $16.65 billion, with $5.20 billion maintained by private sector banks.…
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