Pakistan's Ministry of Finance and the State Bank of Pakistan (SBP) — the country's central bank — told a parliamentary committee on Thursday that the country remains on track to meet its fiscal and current account targets despite regional tensions. SBP Governor Jameel Ahmed said an anticipated $1.2 billion disbursement from the International Monetary Fund, expected to be approved on Friday, would push foreign exchange reserves past $17 billion by the end of the fiscal year, sufficient for three months of import cover. Finance Minister Muhammad Aurangzeb added that Pakistan had received Chinese regulatory approval to launch a Panda bond — a yuan-denominated debt instrument sold in China's domestic capital market — within ten days, and noted that exports, remittances, and IT revenues are all showing sustained growth.