Minister of State for Finance, Bilal Azhar Kayani, has shared some positive news about Pakistan’s economy. He announced that the country’s foreign exchange reserves have now crossed the $20 billion mark. Out of this total, around $15 billion is held by the State Bank of Pakistan, while the remaining $5.5 billion is kept by commercial banks. He said this is a sign that Pakistan is moving toward greater economic stability. Inflation is coming down, and the State Bank has also started to reduce the policy interest rate, which is a positive development for businesses and consumers alike.
However, there are still some challenges ahead. According to fresh data from the Pakistan Bureau of Statistics (PBS), the country’s trade deficit increased sharply in July 2025. It widened to $2.75 billion, which is about 44 percent higher compared to the same month last year. Even though exports grew by nearly 17 percent, imports rose even more—by more than 29 percent.
To manage these challenges and build a stronger economic foundation, the government is focusing on several key reforms. These include digitizing the economy, introducing changes in the Federal Board of Revenue (FBR), and creating new tariff policies that support exports. The goal is to promote long-term, inclusive growth that benefits people across all sectors of society.
American Dollar Exchange Rate