ISLAMABAD (PEN) : Pakistan has successfully met a key condition set by the International Monetary Fund (IMF) by exceeding the targeted foreign exchange reserves for the fiscal year 2024–25.
According to the latest data released by the State Bank of Pakistan (SBP), the country’s official foreign reserves stood at $14.51 billion as of June 30, marking an increase of $5.2 billion during the year. This surpasses the IMF’s target of $13.9 billion for the same period.
Experts attribute this growth to a significant rise in remittances and improved export performance. Additionally, the SBP’s active policy of purchasing dollars from the open market played a crucial role in boosting reserves. Over the past ten months, the central bank bought $6.8 billion in foreign currency from the market.
This achievement reflects Pakistan’s ongoing efforts to stabilize its economy amid challenging global conditions and demonstrates progress in meeting IMF requirements.
The figures and information are based on official data provided by the State Bank of Pakistan as of July 2025.
