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SBP declares coupon rate of 3-year GoP Ijara Sukuk KARACHI: State Bank of Pakistan (SBP) on Friday declared 4th coupon rate for 3-year Govenment of Pakistan Ijara Sukuk ( GIS-14), auctioned on March 26, 2013.The rate is 9.70 percent per annum and the date of payment will be March 28, 2015, said SBP statement here on Friday.The profit will be applicable to all accepted bids in this auction.Copyright APP (Associated Press of Pakistan), 2014 ...

16 tax facilitation centres set up FAISALABAD: Regional Tax Office has set up 16 tax facilitation centres in four districts of Faisalabad division to receive income tax returns for the year 2014.A spokesman of tax office said here on Friday that these facilitation centres have been established at Gulistan Colony Sargodha Road, Clock Tower-1, Clock Tower-2, Clock Tower-3, Satiana Road, Jaranwala Road, Satellite Town Chiniot, Civil Lines Jhang, Press Club Faisalabad, Press Club Jhang, Press Club Chiniot, Press Club Toba Tek ...
Rs13bn pension fund managed despite all hurdles: EOBI ISLAMABAD: Employees Old Age Benefits Institution (EOBI) has managed to receive pension fund of over Rs 13 billion from registered employers which is 20 per cent more as compared to previous year.Chairman, EOBl, Ayub Shaikh on Friday informed a meeting that 5,000 new employers and their employees were brought in to pension net.The meeting, chaired by Minister for Overseas Pakistanis and Human Resource Development, Pir Syed Sadaruddin Shah Rashidi was held to review annual performance ...
FBR establishes over 200 Tax Facilitation centers for filing returns ISLAMABAD: The Federal Board of Revenue (FBR) has established more than 200 tax facilitation Kiosks and centers to facilitate the taxpayers for filing the returns of income for the tax year 2014.The centers have been established throughout the country on places like important business centers, shopping malls, offices of Traders' Associations/Chambers of Commerce and Industry, National and Provincial Assembly buildings, said a press release issued here by the FBR on Friday.The centers have also been ...
Pak forex figure $ 13.52502bn KARACHI: The total liquid foreign reserves of the country figure dollars 13.52502 billion, said State Bank of Pakistan. According to SBP's weekly statement on Thursday, the foreign reserves held by State Bank on September 12, amounted to dollars 8.79505 billion and the net foreign reserves held by banks were dollars 4.72907 billion.During the week ending Sept 12, SBP's liquid foreign reserves increased by $ 103 million to $ 8.796 billion compared to $ 8.693 billion ...
Currency note bearing any slogan, ceases to be legal tender SBP ISLAMABAD: The State Bank of Pakistan wishes has clarified in the interest of general public and banks that any note which bears written, stamped, embossed or inscribed any slogan/statement or messages of political, religious or commercial nature ceases to be legal tender and looses its exchange value."Any such act will result into the financial loss to the holder of such notes", says a statement issued by the SBP .The Central Bank reminded the general public ...
SBP reminds public to exchange of decimal Coins of Paisa 1,2,5,10,25 & 50 ISLAMABAD: State Bank of Pakistan (SBP) has reminded the general public to exchange the decimal coins of Paisa 1,2,5,10,25 and 50 from the field offices of SBP BSC and commercial / microfinance banks branches by last working day of September 30, 2014For awareness of general public, SBP has advised the Commercial /Microfinance Banks to display posters/banners at visible places of their branches for exchange of decimal coins.It may be recalled that the federal government has ...


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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 23, 2014
Reserves $13.465 bln