In 2026, Pakistan is targeting foreign exchange reserves of more than $18 billion by June 2026 under the International Monetary Fund’s ٓ(IMF) Extended Fund Facility (EFF) program.
This program is part of Pakistan’s broader economic stabilization plan supported by the IMF.
In April 2026, Saudi Arabia pledged an additional $3 billion in deposits for Pakistan and has extended its existing $5bn facility for a further three years.
Pakistan played the primary mediating role in brokering the two-week ceasefire between the United States and Iran, which was officially announced on April 7–8, 2026.
Following weeks of intense back-channel diplomacy, Pakistani Prime Minister Shehbaz Sharif and Chief of Army Staff Field Marshal Asim Munir successfully facilitated the agreement, often referred to as the "Islamabad Accord" process.
Pakistan achieved a major export breakthrough with Russia in the fisheries/seafood sector in April 2026.
Pakistan has secured access to Russia’s $3 billion seafood import market, after approval was granted to 16 local seafood processing plants to export their products, marking a major breakthrough for the country’s fisheries sector.
Pakistan achieved a major export breakthrough with Russia in the fisheries/seafood sector in April 2026.
Pakistan has secured access to Russia’s $3 billion seafood import market, after approval was granted to 16 local seafood processing plants to export their products, marking a major breakthrough for the country’s fisheries sector.
