ISLAMABAD: Pakistan’s total foreign exchange reserves have reached their highest level in four years, according to the adviser to the finance minister, Khurram Shehzad.
He stated that the country’s total reserves have increased to $21.6 billion, reflecting a significant improvement in Pakistan’s financial position. Of this amount, $16.3 billion is held by the State Bank of Pakistan, while $5.3 billion is maintained by commercial banks.
Khurram Shehzad said that the State Bank’s share of the total reserves has risen to 76 percent, indicating stronger financial autonomy and greater policy control for the country.
He added that the rise in reserves is largely due to policy continuity and reforms introduced through the Special Investment Facilitation Council (SIFC).
According to him, higher reserves enhance Pakistan’s ability to respond quickly during economic crises and strengthen overall financial stability.
The adviser further noted that the increase in the State Bank’s reserves reflects stronger financial buffers and improving economic stability in the country.
