Morning News: SBP reserves jump USD 5bn to USD 14.5bn, surpassing IMF target - By Alpha - Akseer Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">In a major achievement on the economic front, the State Bank of Pakistan&rsquo;s (SBP) foreign reserves jumped by USD 5bn to reach USD 14.51bn end of the last fiscal year (FY25), surpassing the International Monetary Fund&rsquo;s (IMF) target of USD 13.9bn.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">National Electric Power Regulatory Authority (Nepra) has turned down the federal government&rsquo;s plea to apply a revised uniform Schedule of Tariff (SoT) to K-Electric (KE), based on the previously determined tariff for the January&ndash;March 2023 quarter, a move likely to frustrate the Power Division.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">...