The Governor of the State Bank of Pakistan (SBP), Jameel Ahmed, has said that strict monetary and fiscal policies have helped bring the country’s extended economic downturn under control.

At the start of the 2025 financial year, Pakistan’s inflation rate has dropped to its lowest level in nine years.

In an official statement, the SBP noted that improved performance in external accounts has helped stabilize the foreign exchange market.

The Governor highlighted that rising remittances and stronger export growth have led to a current account surplus an encouraging development for the economy.

Jameel Ahmed further shared that the State Bank’s foreign exchange reserves have surpassed $14 billion, describing the milestone as a significant step toward economic stability.

While economic indicators are showing positive momentum, experts caution that sustainable, long-term reforms remain essential to consolidate these gains and ensure lasting improvement.