Search For "state bank of pakistan"
Trade deficit deepens as Pakistan's external fragility resurfaces in FY26
Updated : 3 weeks, 3 days ago IST
Pakistan's external position has again come under strain during the first seven months of FY 2025-26, as a ballooning trade deficit offset improvements in remittances and services exports.
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Pakistan's current growth model cannot sustain 250 million population, say
Updated : 3 months, 2 weeks ago IST
The Governor of the State Bank of Pakistan (SBP), Jameel Ahmad, warned that the country's existing economic growth model is no longer viable for a nation of 250 million people, stressing that stabilisation policies cannot continue indefinitely and must give way to long-term, sustainable refo
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Decades of fiscal mismanagement push Pakistan toward economic collapse
Updated : 4 months, 4 weeks ago IST
Pakistan's fragile economy faces deep-rooted structural challenges that threaten long-term stability, warned the State Bank of Pakistan (SBP) in its Annual Report on the State of the Economy 2024-25. The report highlights how persistent fiscal deficits, dwindling domestic savings, weak produ
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Pakistan govt's debt hits record high of PKR 70 trillion mark
Updated : 1 year, 5 months ago IST
Pakistan government's debt reached a record high of Pakistani currency (PKR) 70.36 trillion, a staggering figure that's sparking concerns about the country's economic stability.
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Pakistan's debt hits record high at PKR 67.816 Trillion: Report
Updated : 1 year, 8 months ago IST
The central bank data reveals a significant 15 per cent increase in the federal government's total debt over the past year, marking an addition of PKR 8,852 billion. In May 2023, the total debt stood at PKR 58,964 billion, escalating to PKR 66,086 billion by April 2024.
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IMF support team arrives in Pakistan to discuss new loan programme
Updated : 1 year, 10 months ago IST
An International Monetary Fund (IMF) team arrived in Pakistan on Friday, to hold talks as they requested a longer and larger size of bailout package under the Extended Fund Facility (EFF), reported Geo News.
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IMF mission to visit Pakistan again this month for new loan program
Updated : 1 year, 10 months ago IST
An International Monetary Fund (IMF) mission is set to visit Pakistan this month regarding a new loan program and to discuss policies and reforms, reported Samaa TV.
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Pak: Fiscal challenges mount as interest payments surge, development secto
Updated : 1 year, 10 months ago IST
The substantial jump in interest payments to PKR 5.52 trillion from PKR 3.58 trillion in the corresponding period last year contributed significantly to this widening deficit.
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State Bank of Pakistan receives USD 1.1 billion funding from IMF
Updated : 1 year, 10 months ago IST
The State Bank of Pakistan (SBP) has received around USD 1.1 billion from the International Monetary Fund (IMF), a day after the global lender approved the last tranche of Pakistan under the USD 3 billion Stand-By Arrangement (SBA).
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Pakistan government borrows record PKR 5.5 trillion from banks, PKR 650 bn
Updated : 1 year, 10 months ago IST
The State Bank of Pakistan (SBP) data showed that the government's borrowing from commercial banks reached a record PKR 5.5 trillion from July 1, 2023 to April 5, 2024. This is against PKR 2.95 billion in the same period last fiscal year.
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Pakistan rupee again loses value against US dollar, closes at 278.40 PKR
Updated : 1 year, 11 months ago IST
According to the State Bank of Pakistan (SBP), the American dollar appreciated by 11 paise against the local currency to PKR 278.40 from PKR 278.29 a day earlier.
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Pakistan's foreign reserves continue to decline due to loan repayment
Updated : 2 years, 1 month ago IST
The foreign exchange reserve continued its downward trend and recorded at USD 8.21 billion as of January 26 which is a USD 54 million drop compared to the previous week at USD 8.27 billion, said the State Bank of Pakistan (SBP) report.
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