- Pakistan identified fiscal risks in its budget amidst escalating tensions increasing oil price risk.
The central bank of Pakistan is managing its functions while being briefed on the country's sovereign credit profile due to geopolitical tensions.
2 reports, 2 independent
Updated Jul 27
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What happened
The central bank of Pakistan is managing its functions while being briefed on the country's sovereign credit profile due to geopolitical tensions.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- The State Bank of Pakistan monitors its current account deficit and reserves in response to global commodity price increases driven by Middle East conflict.Sub-event
- Tensions in the Middle East influenced the State Bank of Pakistan's decision to hike policy rates.Sub-event
SBP briefed on Pakistan's sovereign credit profile amid geopolitical tensions.1 source
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The entities involved
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State Bank of Pakistan
central bank of Pakistan
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Middle East
geopolitical region encompassing Egypt and most of Western Asia, including Iran
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Pakistan
sovereign state in South Asia
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S&P Global Ratings
credit rating agency, subsidiary of S&P Global
Related events
- Geopolitical tensions are currently impacting Pakistan's national security and national budget.
- A government body led by the finance ministry is discussing Pakistan's economic outlook while seeking a further sovereign credit rating upgrade with S&P Global Ratings.
- Regional stability impacts global energy prices, with India's policy being conditional on Pakistan's actions regarding terrorism issues.
- Following geopolitical tensions, the Pakistan Bureau of Statistics released data on inflation, coinciding with a surge in LPG prices.
- High-level talks confirm the IMF program is underway, focusing on macroeconomic performance and expanding economic cooperation between Pakistan and the US.
Coverage
Newest first; wire copies grouped- dailypakistan.com.pkState Bank announces First Monetary Policy of FY27: Here's what to expect
- tribune.com.pk