Foreign exchange reserves held by the State Bank (SBP) rose by $1.214 billion in a week, reaching $17.081 billion as of 15 May 2026.
The increase was driven by funds received from the International Monetary Fund (IMF) under both the Extended Fund Facility and the Resilience and Sustainability Facility.
Additional inflows came from proceeds raised through the issuance of Panda Bonds, the central bank confirmed in its official weekly reserves statement on Thursday.
The State Bank noted that some external debt repayments were also made during the same week, partially offsetting the gains from the inflows received.
The total liquid foreign reserves of Pakistan, which include holdings by commercial banks, stood at $22.588 billion during the same review week.
Of that total, net foreign reserves held by commercial banks accounted for $5.507 billion, with the remainder held directly by the State Bank.
IMF Package
Earlier this month, Pakistan received approximately $1.3 billion from IMF after the successful completion of key reviews under the ongoing financial support programs.
According to the central bank, the IMF Executive Board completed the third review under Pakistan’s Extended Fund Facility (EFF) during its meeting held on May 8, 2026.
In addition, the lender approved the second tranche of SDR 154 million under RSF, which supports countries in improving economic resilience and addressing climate-related risks.
