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SBP accepts bids of Rs 20.3bn for purchase of Sukuk KARACHI: State Bank of Pakistan (SBP) on Thursday accepted bids of Rs 20.3 billion in its open market operation (purchase of Government of Pakistan Ijara Sukuk on Bai Mujjal basis). SBP accepted all bids offered for 6-months and 12-months Sukuk. The deferred price accepted is Rs 112.7149 billion, said SBP statement.Copyright APP (Associated Press of Pakistan), 2014 ...

Agricultural credit surges to Rs 167.6bn in 5 months KARACHI: During fiscal year FY15 (July- Nov. 2014), the banks have disbursed Rs 167.6 billion which is 33.5% of the overall annual target of Rs 500 billion and 42.7% higher than Rs 117.4 billion disbursed in the corresponding period last year.The outstanding portfolio of agriculture loans has increased by Rs 36 billion -- from Rs 266.8 billion to Rs 302.8 billion by the end of November 2014 as compared to same period last year, said ...
Pak forex figure $ 14.04204bn KARACHI: Total liquid foreign reserves of the country stand at $14.04204 billion, said State Bank of Pakistan (SBP).According to SBP's weekly statement here on Thursday, the foreign reserves held by State Bank on Dec. 12, amounted $9.34605 billion and the net foreign reserves held by other banks were of $4.69509 billion.During the week ending Dec. 12, SBP's liquid foreign reserves increased by $144 million to $9.347 billion compared to $9.203 billion in the previous week.During ...
SBP accepts bids of Rs 24.5bn for outright purchase of Sukkuk  KARACHI: State Bank of Pakistan (SBP) on Wednesday accepted bids of Rs 24.5 billion during its open market operation for the outright purchase of Government of Pakistan Ijara Sukkuk on Bai Muajjal basis.The amount offered for 6-months and 12-months Sukuk were of Rs 33.5 billion, said SBP statement.Copyright APP (Associated Press of Pakistan), 2014 ...
PED release Rs25.15mn for district BAHAWALPUR: Punjab Education Department (PED) has released supplementary grant of Rs 25.15 million for District Education Department Bahawalpur for non-salary budget.According to official sources, grant of Rs 591.6 million has been released to 18 districts of the province including Rahim Yar Khan.The grant will be utilized for expenditures other than salary. Copyright APP (Associated Press of Pakistan), 2014 ...
Sindh Revenue Board seeks proposals to formulate budgetary measures KARACHI: Sindh Revenue Board (SRB) has invited proposals from concerned tax payers alongwith tax bars, chambers of commerce and industries, cotton exchanges, business councils, institute of chartered accountants etc in relation to Sindh Sales Tax on Services Act 2011.SRB sources on Monday said under Circular No.SRB-3-4/2015/54966, dated 12/12/2014 the board proposes to formulate budgetary measures (for the Sindh Budget 2015-2016) in relation to taxation and procedural provision of Sindh Sales Tax on Services Act 2011.The ...
'SBP to launch awareness sessions about economic issues' FAISALABAD: State Bank of Pakistan (SBP) Chief Manager Aamir Aziz Bhatti said the SBP will launch a comprehensive awareness sessions on economic and financial issues.Addressing the executive committee members of FCCI, he underlined the importance of role of business, trade and industry in the national development and said that banks were making serious efforts to facilitate the trade and industry.He said the private sector was an engine of the economic growth and the country could ...


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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.309 bln
Exports $1.957 bln
Imports $4.266 bln
WeeklyDecember 18, 2014
Reserves $14.04 bln