Published on, Sept. 2 -- September 2, 2025 4:12 PM

The State Bank of Pakistan (SBP) Governor, Jameel Ahmad, said Pakistan's economy is more stable with growth projected at 3.25% to 4.25% in FY2026. He spoke at the Pakistan Textile Council's annual meeting in Karachi. The governor highlighted the country's economic progress and stressed continued efforts to maintain stability.

Jameel Ahmad shared that foreign exchange reserves rose from $2.8 billion in early 2023 to $14.3 billion now. The current account deficit narrowed significantly, while remittances reached over $38 billion in FY2025. Inflation dropped to a historic low of 3.2% in June 2025, leading the SBP to cut the policy rate from 22% to 11%.

PTC Chairman Fawad Anwar welcomed th...