- 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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New informationRepeats or wire copies
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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 causing inflationary pressures in Pakistan, leading to an economic update from the finance ministry.
- Pakistan's financial sector is facing risks due to global economic impacts stemming from Middle East tensions, including oil price volatility.
- Pakistan relies on EU's GSP+ for exports while facing an intensified political crisis due to provincial government takeover in Khyber Pakhtunkhwa.
- Pakistan maintains tight control over Gilgit-Baltistan, where Jamaat-e-Islami is contesting elections, concurrent with the development of the China-Pakistan Economic Corridor.
- Pakistan seeks peaceful denouement to crisis.
Coverage
Newest first; wire copies grouped- dailypakistan.com.pkState Bank announces First Monetary Policy of FY27: Here's what to expect
- tribune.com.pk