The State Bank of Pakistan (SBP) reported a minor decline of $7 million in its foreign exchange reserves for the week ending May 30, 2025. This brought the SBP’s total reserves to $11.51 billion, according to data released on Thursday. The small dip reflects ongoing challenges in managing foreign currency amid repayments and imports. Despite […]
International Monetary Fund’s (IMF)
Pakistan secures over $16 billion in foreign loans and grants amid economic challenges
Pakistan received $16.08 billion in foreign loans and grants during the first ten months of the 2024-25 fiscal year, nearing its annual target of $19.2 billion by June 30. About half of this total consisted of rollover loans from China, Saudi Arabia, and the United Arab Emirates (UAE). These rollovers help Pakistan manage its debt […]