The State Bank of Pakistan’s financing strategies are not only reshaping the country’s energy landscape but also laying the groundwork for a future defined by sustainability.
The Pakistan government borrows funds from commercial lenders, multilateral institutions, the Paris Club, and international financial institutions to meet budget deficits, finance the current account gaps, and build up foreign exchange reserves.
Saudi Arabia made a USD 2 billion deposit into the State Bank of Pakistan (SBP) after the IMF agreement, and the UAE had already committed to making a USD 1 billion contribution. In addition to the USD 600 million credit that was postponed last week, China rolled over a USD 2.4 billion loan on Thursday.