What will be Pakistan’s Financial Future? Answer is lets hope in right direction as Pakistan is looking to borrow up to $4 billion from commercial banks in the Middle East by next year. This move aims to fill the gaps in the country’s external financing. The Governor of the State Bank of Pakistan, Jameel Ahmad,…
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In a welcome turn of events, the State Bank of Pakistan (SBP) has reported a modest increase of USD 19 million in its liquid foreign exchange reserves, bringing the total to a respectable USD 9.291 billion as of August 16, 2024. This slight uptick is a positive sign, indicating a cautious improvement in Pakistan’s financial…