New Delhi, June 11 (IANS) Pakistan’s gross government domestic debt and liabilities rose to Rs 58,089 billion in April, according to a report.A report by The Express Tribune — highlighting State Bank of Pakistan (SBP) data — said that this compares with Rs 57,566 billion (Pakistani rupee) in March, while on a year-on-year basis, domestic debt rose 11 per cent from Rs 52,523 billion in April 2025.The increase was driven mainly by floating debt and long-term securities, indicating continued reli…
Latest State Bank of Pakistan News & Updates
New Delhi, May 21 (IANS) Pakistan’s move to explore Panda bonds has raised concerns over deepening financial dependence on China, even as Islamabad seeks alternative financing channels to manage persistent external sector pressures, a report has said.According to a report by Pakistan Today, the yuan-denominated debt instrument — issued in China’s domestic bond market — is being viewed in Islamabad as a way to diversify funding sources beyond traditional Western lenders and multilateral ins…
Washington, May 21 (IANS) The International Monetary Fund (IMF) has said its staff mission had held “constructive discussions” with Pakistani authorities on the country’s economic situation, including the fallout from the ongoing conflict in the Middle East, while reviewing Islamabad’s reform commitments and budget strategy for fiscal year 2027.An IMF mission led by Iva Petrova visited Islamabad from May 13 to 20. The talks focused on recent economic developments, implementation of refor…
New Delhi, May 16 (IANS) Pakistan’s latest GDP data points to a fragile and uneven recovery, with the economy growing 3.7 per cent in the current fiscal year, below the government’s 4 per cent target and marginally under the nation’s State Bank projection range, a report has said.The report published in Dawn highlighted that the growth underscores the country’s continued struggle to break out of a prolonged low-growth trap shaped by structural weaknesses, external financing pressures and r…
New Delhi, May 8 (IANS) Pakistan has entered into a difficult phase of economic management as petrol and high‑speed diesel near Rs 400 a litre, compounding pressures on households and the government, a report has said.Pakistan-based The News International said in the report that State Bank of Pakistan’s policy rate hike to 11.5 per cent adds strain on borrowers.”While citizens are bearing the brunt of inflation, the government is risking its political capital by making unpopular decisions,” it…
New Delhi, May 1 (IANS) Pakistan is confronting its most serious fuel‑price shock in over half a century, which could trigger a cascade of economic problems and undermine Prime Minister Shehbaz Sharif’s government, a new report has said.The report from Aljazeera said soaring global oil costs have hit Pakistan particularly hard because the country is heavily dependent on imported energy and remittances from Gulf states, along with an “already precarious balance-of-payments position.” The West…
New Delhi, April 29 (IANS) Pakistan repaid $3.5 billion to the United Arab Emirates last week, and immediately Riyadh stepped in with financial support, which sparked debate over Islamabad’s growing reliance on Gulf financing, a new report has said.Turkey based media house Anadolu Agency said that Saudi Arabia averted an immediate reserves shock, but it increased Pakistan’s dependence on a single benefactor at a time of heightened regional realignment.Saudi Arabia immediately made a $3 billi…
New Delhi, April 28 (IANS) Pakistan’s exports to Europe have stagnated in the first nine months of 2025-26 despite the continued access to the European Union’s Generalised Scheme of Preferences Plus (GSP+), according to a report in the local media.The report in the Pakistan Today newspaper highlights that the country’s exports to western Europe declined by 3.14 per cent to $3.30 billion in the first nine months of FY26 from $3.41 billion a year earlier, while shipments to northern Europe a…
New Delhi, April 21 (IANS) Pakistan has entered more than 20 programmes with the International Monetary Fund (IMF) over 65 years since 1958, and yet continues to remain trapped in a recurring cycle of economic crises, bailouts and temporary stabilisation without achieving durable structural reform, a report has lamented.According to a report in The News International, latest concerns were reflected in the IMF’s End-of-Mission Statement of March 2026, which once again highlighted familiar prior…
New Delhi, April 13 (IANS) Pakistan’s banking sector is staring at a sharp balance sheet hit as a surge in bond yields is expected to wipe out over Rs 600 billion in revaluation reserves within a single quarter, a new report has said.A report in The Express Tribune said a rapid shift in the fixed-income market has eroded the cushion banks had built in recent quarters, effectively resetting the sector’s balance sheet strength.Moreover, secondary market yields rose by around 150 basis points b…