By March 21, 2025, the country’s liquid foreign exchange reserves slipped to $ 15.55 billion, – a significant decline in the central bank’s assets due to external loan repayment – State Bank of Pakistan (SBP) announced on Thursday.
Stores managed by SBP settled at $ 10.61 billion, with a decline of $ 540 million during the week – responsible for servicing foreign obligations.
Meanwhile, pure foreign reserves of commercial banks were reported to be $ 4.94 billion.
Despite the dip, SBP reserves live above the significant $ 10 billion mark, which provides an import cover of more than two months.
Analysts say that the upcoming flow, including the expected multilateral and bilateral financing, may help stabilize the store in the coming weeks.
The fund said on Tuesday on Tuesday that the International Monetary Fund (IMF) employees reached a deal with Pakistan for a new $ 1.3 billion arrangement and also agreed to the first review of the ongoing 37 -month bailout program.
Pending board approval, Pakistan can unlock $ 1.3 billion under a new climate flexibility loan program spread for 28 months.
It will also free $ 1 billion for the South Asian nation under its 7 billion dollar bail program, which will bring those disrespects to $ 2 billion.
The mid-year-reserved program in 2024 has played an important role in stabilizing Pakistan’s economy, and the government has said that the country is definitely for long-term recovery.
The IMF said in a statement, “In the last 18 months, Pakistan has made significant progress in restoring the macroeconomic stability and rebuilding faith despite a challenging global environment.”
The IMF said, “Approval (by IMF Board), Pakistan will have approximately 1 billion dollars under EFF, the total recitation will reach about 2 billion dollars under the program.”
The Finance Ministry says that the country’s $ 350 billion economy has stabilized under the $ 7 billion IMF bailout, which helped to remove a default danger.
Pakistan continues to navigate external financing challenges, focusing on securing foreign flows to maintain reserved buffers and support economic stability.
