The economy amid the US-Iran war

April 2026 will be a tough month for Pakistan’s balance of payments. Pakistan has been asked to repay its total debt of $3.5 billion to the United Arab Emirates (UAE), including a $450 million 30-year-old loan. This, along with a $1.3bn Eurobond maturing on April 8, 2026, has brought the debt repayment needs so far this month to $4.8bn. The State Bank of Pakistan (SBP) currently has foreign reserves of $16.38bn, while net foreign reserves held by commercial banks are $5.41bn, and the total re...

By none@none.com (Dr Ateeb SyedKhanzaib Ahmad)