Karachi: IMF Condition Met as State Bank’s Forex Reserves Surpass \$14 Billion Target

The State Bank of Pakistan’s foreign exchange reserves have exceeded the International Monetary Fund’s (IMF) set target of \$14 billion. According to the State Bank, by the end of the fiscal year 2025, reserves reached \$14.51 billion.

The reserves grew by \$5.12 billion during the fiscal year 2025, compared to \$9.39 billion at the end of fiscal year 2024. The State Bank attributed the improvement to a better current account and timely receipt of expected inflows.

With this development, another IMF condition has been successfully met as the reserves crossed the IMF’s target of \$14 billion.