Pakistan has received some $978 million inflows during the last week of March from multilateral, bilateral and other official sources. According to State Bank of Pakistan (SBP) with the arrival of these inflows, the country's total liquid foreign reserves also moved up by $461 million in a week to reach at $20.885 billion as on April 1, 2016 compared to $20.424 billion as on March 25, 2016.
During the week under review, SBP received $978 million from multilateral, bilateral and other official sources, which include $503 million from International Monetary Fund (IMF) under Extended Fund Facility (EFF) and $408 million as financing for government of Pakistan. While, during the week, SBP made payments of $602 million on account of external debt servicing, which includes repayment of $518 million against Pakistan Sovereign Bond.
According to weekly foreign exchange reserve report issued on Thursday, during the week ending April 1, 2016, SBP's liquid foreign exchange reserves increased by $490 million to $16.078 billion compared to $15.588 billion in the previous week. However, reserves held by the banks witnessed a declining trend and fell by $29 million to $4.807 billion end of the last week.
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