Pakistan’s government plans action against negative reporting

On Friday, the National Security Committee (NSC) met in Islamabad to discuss the resurgence of terrorism in the country.government

Reporting on Pakistan’s default risk was also declared anti-Pakistan and part of the foreign agenda while the forum evaluated security challenges.

Pakistan’s ruling government is reportedly targeting those painting an unfavorable economic picture of Pakistan.

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SBP’s foreign reserves fell to $5.8 billion, the lowest level since April 2014 when it held $6.11 billion, a decrease of $294 million.

A total of $5.88 billion is held by commercial banks as net foreign reserves. A total of $11.7 billion in foreign reserves was held by the country on 23 December.