Pakistan has received $1.3 billion from the International Monetary Fund under its ongoing financial assistance programmes, providing fresh support to the country’s foreign exchange reserves. In a statement, the State Bank of Pakistan confirmed the receipt of funds, saying the transfer was made under the Extended Fund Facility (EFF) and the Resilience and Sustainability Facility […]
foreign reserves
IMF decision on $1.2bn tranche expected today
Finance Minister Muhammad Aurangzeb has expressed optimism that the International Monetary Fund (IMF) Executive Board will approve Pakistan’s next $1.2 billion loan tranche during its meeting scheduled for Friday in Washington, DC. Read More: Pakistan meets most IMF targets, $1.2 billion tranche approval likely Speaking during a briefing of the National Assembly Standing Committee on Finance and Revenue, chaired […]
Pakistan repays $3.45bn deposit to UAE
Pakistan has repaid a total of $3.45 billion in deposit to the United Arab Emirates (UAE), the State Bank of Pakistan confirmed on Friday, marking a significant development in the country’s external financial management. Read More: UAE deposit of 2 billion returned by Pakistan According to the central bank, the repayment included $1 billion returned to the […]
Pakistan receives $2 billion from Saudi Arabia
Pakistan has received $2 billion from Saudi Arabia, confirmed the State Bank of Pakistan, marking a significant boost to the country’s foreign exchange reserves amid ongoing economic pressures. Read More: Saudi Arabia pledges $3 billion support for Pakistan According to official confirmation, the funds were transferred as part of Saudi financial support commitments to Pakistan. The development […]
Saudi Arabia to provide $3bn support to Pakistan: Aurangzeb
Federal Finance Minister Muhammad Aurangzeb has announced that Saudi Arabia will provide financial support of $3 billion to Pakistan by next week in the form of additional deposits. Saudi Arabia Announces USD 3 Billion Additional Support, Extends USD 5 Billion Deposit: Finance Minister Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, has informed that […]
Pakistan to repay UAE $2 billion after securing funds
Pakistan has decided to repay $2 billion to the United Arab Emirates (UAE) after arranging the required funds through alternative financial sources, according to government officials. Read More: UAE ‘rolls over’ $2 billion loan for a month Sources said the decision was made after Islamabad secured sufficient financing to meet its external payment obligations due in the coming […]
Pakistani rupee strengthens as dollar weakens interbank
The Pakistani rupee gained against the US dollar in the interbank market on Wednesday, supported by strong remittances and positive economic signals, while the open market dollar rate remained largely unchanged during trading. State Bank officials highlighted that Pakistan’s economy is performing better than IMF expectations, boosting market confidence. Rising inflows from overseas Pakistanis further […]
Global agencies hail Pakistan’s economic turnaround
International rating agencies have recognized significant improvement in Pakistan’s economy. The country’s foreign exchange reserves have reached historic highs. Agencies such as Gallup and Dun & Bradstreet have confirmed this positive trend. According to reports, consumer confidence in Pakistan has risen by 19 percent, reflecting growing trust in economic policies. In March 2022, the country’s […]
IMF set to approve crucial $1.2bn support
The IMF Executive Board will meet on December 8, 2025, to approve a $1.2 billion tranche for Pakistan, boosting foreign exchange reserves and supporting economic stability amid ongoing financial challenges. The pending approval follows a recent staff-level agreement. Pakistan has met all required conditions to secure the installment under the Extended Fund Facility and Climate […]
Saudi Arabia renews $3bn deposit for Pakistan
Saudi Arabia has once again extended the $3 billion deposit it holds with Pakistan for another year. The funds, originally set to mature today, are managed by the State Bank of Pakistan (SBP). The extension aims to provide continued financial stability amid Pakistan’s ongoing economic challenges. The deposit comes from the Saudi Development Fund, which […]