Karachi September 22 2024: The State Bank of Pakistan reported a profit of PKR 3,414 billion for the fiscal year 2024, marking a threefold increase compared to the PKR 1,139 billion profit recorded the previous year.
Revenue from securities purchased under resale agreements doubled to PKR 2,091 billion in fiscal year 2024, up from PKR 1,095 billion in 2023. Additionally, the SBP earned interest income of PKR 1,220 billion from Federal Government Securities, representing a 27 percent rise over the prior year.
Another significant contributor to the central bank’s increased profitability was exchange gains of PKR 186 billion for fiscal year 2024, contrasting with exchange losses of PKR 874 billion in the previous year.
Last year, the federal government received a surplus profit of PKR 972 billion from the SBP. For fiscal year 2025, the government has budgeted PKR 2,500 billion in surplus profit, as outlined in the budget approved in June 2025.
