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SBP injects Rs128,300mn KARACHI: State Bank of Pakistan (SBP) on Friday injected Rs128,300 million into market during its open market operation.The bids offered for this 07-day injection amounted Rs192,850 million. The rate of return is 10.03 percent, said SBP release. Copyright APP (Associated Press of Pakistan), 2014 ...

Rs40000/-prize bond draw on June 2 FAISALABAD: The 58th balloting of prize bonds worth Rs40000/- each will be held here on June 2.A spokesman of National Savings told here on Thursday that first position holder will be awarded a cash prize of Rs75 million while three prizes of Rs25 million each have been reserved for second position winners. Third prize of Rs0.5 million will be awarded to 1696 lucky winners.Copyright APP (Associated Press of Pakistan), 2014 ...
New FED structures on cigarettes show results ISLAMABAD: The government in the Fiscal budget 2013-14 introduced remarkable changes to the Federal Excise Duty (FED) structure on cigarettes have shown excellent results and is poised to give a growth of over 14% in government revenue, which in absolute rupee terms is the highest growth in any given year for government revenue from the tobacco industry."FBR figures show that the revenue from tobacco industry as of April has already crossed Rs.70 billion and the ...
FBR holds Taxpayers Facilitation Workshop in Haripur ISLAMABAD: Facilitation and Taxpayers Education (FATE) Wing of the Federal Board of Revenue (FBR) organized a day long workshop on e-portal services and role and responsibilities of withholding agents at the Haripur Chamber of Commerce on Thursday.Senior officials of FATE Wing, FBR, and Regional Tax Office (RTO) Abbotabad were present at the workshop attended by a large number of major tax-deducting authorities and withholding agents representing major industries in the Hattar and Haripur region.In his ...
SBP accepts bids of Rs348,085.716mn KARACHI: State Bank of Pakistan on Wednesday accepted bids of Rs. 348,085.716 million , having face value of Rs 371,312.050 million, for sale of 3-months, 6-months and 12- months government of Pakistan Market Treasury Bills.According to SBP release here, the bids offered were of the same value. Copyright APP (Associated Press of Pakistan), 2014 ...
Rs1,500 prize bonds draw on Thursday FAISALABAD: The 58th balloting of prize bonds worth Rs1,500 each will be held at Peshawar on May 15.According to a spokesman of National Savings Faisalabad, top winner will be awarded a cash prize of Rs3 million, while three prizes of worth Rs1 million each would be awarded for second position.Third cash prize of Rs18,500 will be given to 1,696 lucky winners, it was added. Copyright APP (Associated Press of Pakistan), 2014 ...
SBP reminds public to exchange decimal coins KARACHI: State Bank of Pakistan (SBP) has reminded the general public to exchange the decimal coins of Paisa 1, 2, 5, 10, 25 and 50 upto Sept 30, 2014.The coins can be exchanged from the field offices of SBP BSC and commercial/microfinance banks branches, said an SBP statement here on Wednesday. For awareness of general public, SBP has advised the commercial and microfinance banks to display posters or banners at visible places of their branches ...


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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln