2026 so far
Monthly briefings
What actually happened, month by month, from 1 January to today. This year included open military conflict with Afghanistan, a regional war that spiked fuel prices, and an active monsoon flood emergency — alongside genuine economic reform progress. Contested figures (conflict casualty counts) are shown as both sides report them, never silently reconciled into one number.
A month of contrasts: a genuine macro credibility win running alongside an active security crisis in Balochistan and a worsening, still-unfolding flood emergency.
First return to 'B' since 2016-19. Cited stronger institutions, sustained IMF-backed reform, and reserves rebuilt to $25.3bn by end-June 2026 (S&P's cited figure) — note this differs from the SBP's own weekly-published SBP-held reserves figure (~$17.2bn as of 10 Jul); the two likely measure different reserve aggregates and the exact reconciliation is unverified.
Coordinated TTP/BLA assaults on security forces. Military reports 42 dead (38 security personnel, 4 civilians) + 54 militants killed in response; BLA separately claims 48 attacks between 1-14 Jul killing 40+ army personnel. Figures roughly align in scale but are independently sourced and not identical.
At least 47 dead and 123 injured nationwide as of ~22 Jul, including 20 deaths in KP alone since 19 Jul from flash floods/house collapses. NDMA has issued high alerts through 24 Jul; forecasters warn August-September (the climatological peak) could bring above-normal rainfall.
Three phases, 45 seats, ~3.8 million registered voters. Not yet held as of 23 Jul — no results exist yet.