Washington, DCThe central bank said on Saturday that the ruler Jamil Ahmed from the State Bank in Pakistan (SBP) reaffirmed again improving the stability of Pakistan, the total economy and economic expectations during a series of high -level links with senior executives from the leadership of global financial and investment institutions.
The meetings – which were held on the sidelines of the Spring Bank of the International Monetary Fund – the world – included discussions with the executives from JP Morgan, Standard Charted, Deutsche Bank, Jefferies and Cainting Redud Reducts.
According to SBP, Ahmed briefed the participants on the tangible progress achieved by Pakistan in the stability of its economy, attributing improvement to a wise monetary policy and continuous financial unification. He said that these efforts have strengthened the basics of the overall economy in the country.
The ruler Ahmed pointed out that the main inflation has decreased sharply over the past two years, as it reached the lowest level in the number of the contract by 0.7 % in March 2025. He added that the basic inflation also decreased significantly-from higher than 22 % to one numbers-and it was expected to increase this, which helps to stabilize inflation in the target range from 5 to 7 % to move forward.
On the external front, Ahmed highlighted significant improvements in foreign exchange reserves in Pakistan (FX), noting that the SBP FX reserves have multiplied more than three times since it came out in February 2023, along with a sharp drop in the front obligations.
Unlike the previous episodes, the current reserve accumulation was not driven by fresh external borrowing. Instead, the external debt in the public sector in Pakistan has decreased, both by absolute value and a share of GDP since June 2022.
The credit for the accumulation of the SBP strategy to buy FX amid a surplus in the external current account, adding that the central bank was aiming to strengthen reserves to $ 14 billion by June 2025.
Ahmed told the participants that with the stability of economic conditions, it is expected that GDP growth will recover to about 3 % during the fiscal year 25. He pointed out that international credit rating agencies have also recognized the recent economic improvements of Pakistan.
SBP governor stressed that total economic stability will remain a top priority, in addition to structural reforms that aim to enhance sustainable growth and social and economic rise.
He concluded with a positive note, expressing confidence that the continuous progress in the reform agenda will enable Pakistan to achieve a long -term sustainable economic growth.
