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In Early May 2026, Active Coordination Centers Reported That Pakistan’s Current Account Balance Had Recorded What Notable Milestone For Three Consecutive Months?
Driven heavily by a massive influx of overseas workers' remittances and surging IT service exports, Pakistan recorded three straight months of current account surpluses.
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Question 1: The State Bank of Pakistan (SBP) maintained the benchmark policy rate at what level in its first Monetary Policy Committee (MPC) meeting of 2026?
In late January 2026, the SBP decided to keep the benchmark policy rate unchanged at 10.5%, citing the need to firmly anchor inflation within the target range.
Question 2: According to the February 2026 data, remittances from overseas Pakistanis grew by how much percent?
Remittances increased by 11.3% to $23.2 billion during the first seven months of the 2025-26 fiscal year.
Question 3: The State Bank of Pakistan (SBP) maintained the policy rate at what percentage in its February 2026 review?
The Monetary Policy Committee of the SBP kept the policy rate at 9.5% in February 2026 to ensure price stability as inflation continued to trend downward.
Question 4: The IMF mission led by Ms. Iva Petrova concluded discussions with Pakistan on March 11, 2026, regarding which review of the Extended Fund Facility (EFF)?
The IMF team concluded the third review of the 37-month EFF and the second review of the Resilience and Sustainability Facility (RSF) on March 11, 2026.
Question 5: Due to regional tensions following US-Israel strikes on Iran, the IMF mission in Pakistan moved its discussions to 'virtual mode' via which city?
On March 3, 2026, the IMF mission relocated to Istanbul, Turkey, continuing negotiations with Pakistani authorities via video link due to security concerns.