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Tag: $3 Billion Program

remittances
Business
  • Web Desk
  • Nov 23, 2023
SBP’s reserves decline by $216.7 million amidst debt repayments

In the week concluding on November 17, 2023, the State Bank of Pakistan (SBP) observed a decline in its foreign exchange reserves by $216.7 million, marking a 2.93 per cent decrease compared to the previous week.

IMF Pakistan financing needs
Pakistan
  • Web Desk
  • Nov 15, 2023
Pakistan reaches staff-level agreement with the IMF

Pakistan has successfully reached a staff-level agreement with the International Monetary Fund (IMF) following the first review of a $3 billion bailout.

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