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Pak forex surge to $16.28402bn KARACHI: Total liquid foreign reserves of the country increased to dollars 16.28402 billion during the week ending on March 6, from the figure of $16.13606 billion, said State Bank of Pakistan (SBP). According to SBP statement here on Thursday, the foreign reserves held by State Bank amounted $11.27109 billion and the net foreign reserves with other banks were of $ 5.01203 billion. During the week, SBP's liquid foreign reserves increased by $ 65 million to $11.272 billion compared to $ 11.207 billion in the previous week. Copyright APP (Associated Press of Pakistan), 2015 ...

Workers' remittances rise 14.6pc to $11,750.50bn in first eight months of FY15 ISLAMABAD: Overseas Pakistani workers remitted $11,750.50 million in first eight months (July to February) of FY15, showing an impressive growth of 14.6 percent compared with $10,248.17 million received during the same period of FY14.A statement issued by the State Bank of Pakistan (SBP) Tuesday, during February 2015, the inflow of worker's remittances amounted to $1,391.69 million, which is 1.06% higher than January 2015 and 15.04% higher than February 2014.The country wise details for the month ...
SBP injects Rs23.2bn into market KARACHI: State Bank of Pakistan (SBP) on Tuesday injected Rs. 23.2 billion into market for three-day through its open market operation (OMO).The rate of return accepted is 8 percent, said an SBP press release.Copyright APP (Associated Press of Pakistan), 2015 ...
164 properties sealed for non-payment of property tax RAWALPINDI: Excise and Taxation Department has sealed 164 commercial and residential properties here during last two days for non-payment of property tax. According to Excise and Taxation department spokesman, the city has been divided into four sectors and special squads comprising 23 inspectors under the supervision of Excise and Taxation Officer (ETO) Riaz Qureshi, are conducting raids and the properties of tax defaulters are being sealed. He said, on the directives of authorities concerned, now ...
SBP guidelines for export of wheat, wheat flour KARACHI: State Bank of Pakistan (SBP) has advised the authorised dealers (ADs) to abide by Ministry of National Food Security and Research (MNFSR) rules notified for the export of wheat and wheat flour and payment of subsidy on this account.The ADs' attention has been drawn to the notification No.F. 1-9/2013-DFSC-II/wheat procurement dated February 13, 2015 and Finance Division (FD)'s notification No.1(4) CF-C/2014-112 dated February 16, 2015 regarding this subject. According to these notifications, Government of ...
SBP accepts bids of Rs 80.17903bn for sale of MTBs KARACHI: State Bank of Pakistan (SBP) on Wednesday accepted bids of Rs 80.17903 billion, having face value of Rs 84.55109, billion for sale of 3-months, 6-months and 12-months Government of Pakistan Market Treasury Bills (MTBs).The bids offered for amounted to Rs 347.259018 billion, with a face value of Rs 370.1840650 billion, said a SBP statement.Copyright APP (Associated Press of Pakistan), 2015 ...
SBP injects Rs715bn in market KARACHI: State Bank of Pakistan (SBP) on Friday injected Rs. 715 billion into market for seven days through its open market operation (OMO).The rate of accepted return is 5 percent.The total bids offered for this injection were of Rs. 726.5 billion, said an SBP statement.Copyright APP (Associated Press of Pakistan), 2015 ...


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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 $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyApril 16, 2015
Reserves $16.818 bln