KARACHI: In a significant economic development, the State Bank of Pakistan’s (SBP) foreign exchange reserves surged by $5 billion, reaching $14.51 billion at the close of fiscal year 2024-25 (FY25), surpassing the IMF’s target of $13.9 billion.
Economists attributed this achievement to the coordinated efforts of the SBP and the federal government, who implemented sound macroeconomic policies and ensured the timely inflow of external financing, helping to stabilize the external sector.
As per provisional figures released on Wednesday, SBP’s foreign reserves grew by $5.12 billion over the past fiscal year, rising from $9.39 billion on June 30, 2024, to $14.51 billion by June 30, 2025.
Read More : https://epaper.brecorder.com/2025/07/03/1-page/1056115-news.html
