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11pc increase in workers' remittances in 8 months KARACHI: Overseas Pakistani workers remitted an amount of dollars 10.245053 billion in the first eight months (July to February) of the current fiscal year ; showing a growth of 10.95 percent. During the same period of last fiscal year , the amount received was $ 9.234077 billion , said a SBP statement here on Tuesday.The inflow of remittances in July- February FY14 from Saudi Arabia, United Arab Emirates ( UAE), United Kingdom, United States of America, GCC countries ( including Bahrain, Kuwait, Qatar and Oman), and European Union countries amounted to $ 2,965.74 million, $ 2,026.92 million, $ 1,626.09 million, $ 1,465.75 million, $ 1,193.70 million and $ 284.01 million respectively as compared with the inflow of $ 2,627.78 million, $ 1865.72 million, $1461.13 million, $ 1284.75 million, $1,067.50 million and $ 242.61 million respectively in July- February FY13.Remittances received from Norway, Switzerland, Australia, Canada, Japan and other countries during ...

Pak liquid forex figure $ 8.737bn KARACHI: The total liquid foreign reserves of the country stand at dollars 8.737 billion , said State Bank of Pakistan (SBP).According to SBP's weekly statement here on Thursday , the foreign reserves held by State Bank on Feb. 28, 2014 amounted $ 3,920.7 million and the net foreign reserves held by banks other than SBP were $ 4,816.3 million. During the week, SBP's liquid foreign reserves increased by $ 50 million to $ 3,921 million ...
BoK posts profit of Rs 1.67bn before tax in 2013 PESHAWAR: The Bank of Khyber (BoK) posted a profit of Rs 1.67 billion before tax (PBT) for the period ended on December 31, 2013 showing increase of 6.2 % of PBT over the corresponding period of 2012 which was Rs 1.57 billion. This was stated by Imran Samad, Acting Managing Director BoK while briefing BOK Board of Directors (BoD) in 125th meeting of BoK BoD in Islamabad this morning. The meeting was presided over by ...
SBP's incentives for SME borrowers under export finance scheme KARACHI: State Bank of Pakistan (SBP) following its regulatory policy framework for development of SMEs sector has introduced some special incentives for both banks and SME exporters to enhance their share under export finance scheme (EFS).State Bank , recognizing the economic significance of small and medium enterprises (SMEs), it has introduced these incentives to enable SMEs borrowers to fulfill their financing needs and ultimately contribute to exports growth of the country, said a SBP circular ...
GDP grows 5pc in 1st quarter: SBP ISLAMABAD: The country's Gross Domestic Product (GDP) grew by 5.0 percent during the first quarter of the current fiscal year as compared to only 2.9 percent in the corresponding quarter of Financial 2013, according to first quarterly report of State Bank of Pakistan (SBP).The report says that since macroeconomic indicators were favorable at the start of the year, the increase in real GDP growth in FY14 was discernible.The report suggests that in order to maintain ...
Pak liquid forex increase to $ 8.65406bn KARACHI: The total liquid foreign reserves of the country have increased to dollars 8.65406 billion with receipts from multilateral and bilateral sources, said State Bank of Pakistan. According to SBP's weekly statement here on Thursday, the foreign reserves held by State Bank on Feb 21, 2014 amounted dollars 3,870.8 million and the net foreign reserves held by banks figured dollars 4,783.8 million.During the week ending Feb 21, SBP's liquid foreign exchange reserves increased by $ ...
Pakistan's Liquid Foreign Reserves reaches to around US $ 8 billion ISLAMABAD: The total liquid foreign reserves held by the country stood at $7,994.2 million on Feb 14,2014.Giving the break-up of the foreign reserves position a statement of the Central Bank on Thursday said that Foreign reserves held by the State Bank of Pakistan stood at $3,196.7 million while Net foreign reserves held by banks (other than SBP) were $4,797.5 million on February 14,2014.The SBP statement said that during the week ending Feb 14,2014, SBP's Liquid ...


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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln