$21.4 Billion: Pakistan's Foreign Reserves Just Hit an All-Time High

PM Shehbaz Sharif has expressed satisfaction over the State Bank of Pakistan's foreign exchange reserves reaching a historic high of $21.4 billion, calling it another milestone toward economic stability. He said the increase reflects the hard work of the economic team, driven by significant improvement in remittances and services exports, a better current account position, and fiscal discipline.

A Signal to Global Markets

The PM said Pakistan's successful re-entry into international capital markets reflects restored global confidence in the country's economy, adding that stronger reserves will boost Pakistan's ability to meet external payment obligations and withstand global economic challenges.

Credit Given Where It's Due

Shehbaz Sharif commended Finance Minister Muhammad Aurangzeb, the SBP Governor, the economic team, and particularly overseas Pakistanis for their contribution to this achievement.

The Bottom Line

A record $21.4 billion in reserves, paired with renewed access to international capital markets, gives Pakistan meaningfully more breathing room on external payments — the real question now is whether this momentum in remittances and exports can be sustained through the rest of the fiscal year.