Inflows rising amid growing confidence in economy
Improvements in the external front of the economy helped the country attract $125 million during the four days of October, taking the total above $570m since July FY25. According to the latest data released by the State Bank, inflows have reached $125 million, reflecting a sign of confidence in the economy. The inflow was not much different from June, when foreign inflows had reached $194m, raising the full-year investment to $581m. Financial experts said economy on the external front has recovered from the two sides. “The government succeeded in getting $7 billion loan from the IMF. This has stabilised the exchange rate and bolstered foreign exchange reserves,” said S.S. Iqbal, a financial expert. Most of the financial experts believe the Shanghai Cooperation Organisation summit would help Pakistan get some relief on debt servicing and attract foreign investment.