Karachi: Pakistan’s foreign exchange reserves have surpassed the USD 20 billion mark after the State Bank of Pakistan (SBP) confirmed receiving about USD 1.2 billion from the International Monetary Fund (IMF) under its Extended Fund Facility (EFF) and Resilience and Sustainability Facility (RSF).
In a statement issued on Thursday, the SBP said the IMF executive board, in its meeting on December 8, 2025, completed the second review of the EFF and approved a disbursement of SDR 760 million for Pakistan. The board also authorised the release of the first tranche of SDR 154 million under the RSF, designed to support climate resilience and long-term macroeconomic stability.
Following the approvals, Pakistan received a total of SDR 914 million, equivalent to roughly USD 1.2 billion, on December 10, 2025. The inflows will be reflected in the country’s foreign exchange reserves data for the week ending December 12, 2025.
Separately, the SBP reported that Pakistan’s total liquid reserves stood at USD 19.61 billion as of December 5, 2025. Of this, the central bank held USD 14.59 billion, while commercial banks’ net reserves amounted to USD 5.03 billion.
During the week ending December 5, SBP reserves posted a modest rise of USD 12 million. However, the latest IMF inflows are expected to lift total reserves to around USD 20.81 billion in the upcoming weekly report.
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