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Pakistan's forex rises to $ 14.26305bn KARACHI: Total liquid foreign reserves of by the country increased to dollars 14.26305 billion, said State Bank of Pakistan.According to weekly SBP statement issued here on Thursday, the foreign reserves held by State Bank on June 20, amounted $ 9.18905 billion against the previous week balance of $ 8.66903 billion. The net foreign reserves held by banks figured $ 5.074 billion against the previous balance of $ 4.90109 billion. During the week ending June 20, SBP's liquid forex reserves increased by $ 521 million to $ 9,190. During the week, SBP received inflows from multilateral and bilateral sources amounting to $ 258 million including $ 230 million from World Bank.SBP also received flows of over $ 300 million on account of privatization proceeds. SBP has made payments of $ 232 million from its reserves on account of external debt servicing, which includes $ 57 million to International Monetary Fund (IMF). ...

SBP declares rental coupon rate of 3-year GoP Sukuk KARACHI: State Bank of Pakistan on Wednesday declared the rental coupon rate of 3-year Government of Pakistan ( GIS-9) Sukuk.The rate is 9.9763 percent and the payment date is December 26, 2014. The 3-year GoP sukuk was auctioned on December 20, 2011, said a press release here on Wednesday. This rental coupon rate will be applicable to successful bids in the auction.Copyright APP (Associated Press of Pakistan), 2014 ...
Excise people to work for 'recovery targets' FAISALABAD: The weekly holidays of Excise & Taxation department employees have been cancelled to enable them achieve the recovery target.A spokesman told here on Wednesday that steps were being taken on daily basis to achieve 100 percent recovery target. In this connection, properties of defaulters were being sealed, while vehicles whose token tax was unpaid so far were being impounded, it was learnt.June is last month of the fiscal year and during this month 100 ...
Foreign remittances reach US$ 12.895bn in ten months ISLAMABAD: Foreign exchange remittances from Pakistani workers abroad have reached US $ 12.895 billion during first ten months of current fiscal year against US $ 11.57 billion in comparable period of 2012-13.The foreign exchange remittances from Pakistani workers abroad during financial year 2012-13 were US$ 13.922 billion.According to Ministry of Overseas Pakistanis & Human Resource Development here on Sunday, the government is considering a proposal to substantially boost foreign remittances and foreign exchange reserves as ...
SBP mops up Rs 44,400mn in OMO KARACHI: State Bank of Pakistan on Monday mopped up Rs 44,400 million during its open market operation (OMO); with 9.15 percent rate of return. The bids offered for 3-days mop up amounted Rs 44,800 million, said SBP press release. Copyright APP (Associated Press of Pakistan), 2014 ...
Pak liquid forex increases to $ 13.45609bn KARACHI: Total liquid foreign reserves held by the country increased to dollars 13.45609 billion, said State Bank of Pakistan.According to SBP's weekly statement here on Thursday, the foreign reserves held by State Bank on June 6 amounted to dollars 8.61209 billion and the net foreign reserves held by other banks figured as dollars 4.844 billion.During the week, State Bank's liquid foreign exchange reserves decreased by $ 70 million to $ 8.613 million compared to $ ...
Microcredit outreach witnesses healthy 19pc growth ISLAMABAD: The microcredit outreach has reached 2.8 million borrowers during 2013 as compared to 2.3 million active borrowers last year, showing a healthy growth of 19 per cent.The growth rate, being highest in the last five years, was the result of better microfinance policies of the government.An official information issued by Ministry of Finance has revealed that the total Gross Loan Portfolio (GLP) also increased from Rs32 billion in 2012 to Rs52 billion in 2013, ...

 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklySeptember 25, 2014
Reserves $13.305 bln