Pakistan has successfully met another key condition of the International Monetary Fund (IMF) by exceeding the target for foreign exchange reserves. As per the latest figures released by the State Bank of Pakistan (SBP), the country’s official reserves stood at $14.51 billion by June 30—well above the IMF-set target of $13.9 billion for the 2024–25 fiscal year.
The data reflects a $5.2 billion increase in reserves during the financial year, signaling a positive trend in Pakistan’s economic trajectory. Experts credit this achievement to a significant rise in remittances and improved export performance.
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Additionally, the SBP’s proactive approach of purchasing dollars from the open market played a vital role in stabilizing the reserves. Over the past ten months, the central bank has bought $6.8 billion to support reserve levels.
The development is being viewed as a strong step toward economic stability and could positively influence upcoming IMF reviews and investor sentiment.
