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Rizwan Bhatti

100,000 metric tons of urea reaches Karachi Port
Print

100,000 metric tons of urea reaches Karachi Port

Two urea consignments of some 100,000 metric tons, imported by the state-run grain trader as strategic reserves, have arrived at Karachi Port. Following the directives of the federal government, the Trading Corporation of Pakistan (TCP), in May this year,
Published 16 Aug, 2019 12:00am
100,000 metric tons of urea reaches Karachi Port
Print

100,000 metric tons of urea reaches Karachi Port

Two urea consignments of some 100,000 metric tons, imported by the state-run grain trader as strategic reserves, have arrived at Karachi Port. Following the directives of the federal government, the Trading Corporation of Pakistan (TCP), in May this year,
Published 16 Aug, 2019 12:00am
100,000 metric tons of urea reaches Karachi Port
Print

100,000 metric tons of urea reaches Karachi Port

Two urea consignments of some 100,000 metric tons, imported by the state-run grain trader as strategic reserves, have arrived at Karachi Port. Following the directives of the federal government, the Trading Corporation of Pakistan (TCP), in May this year,
Published 16 Aug, 2019 12:00am
IMF conditionality: government repays Rs 1.3 trillion to SBP
Print

IMF conditionality: government repays Rs 1.3 trillion to SBP

The federal government has repaid some Rs 1.3 trillion to the State Bank of Pakistan (SBP) in the first month of this fiscal year (FY19) to meet the International Monetary Fund (IMF) condition. While, obtaining a 36-month $6 billion bailout package, Pakis
Published 14 Aug, 2019 12:00am
IMF conditionality: government repays Rs 1.3 trillion to SBP
Print

IMF conditionality: government repays Rs 1.3 trillion to SBP

The federal government has repaid some Rs 1.3 trillion to the State Bank of Pakistan (SBP) in the first month of this fiscal year (FY19) to meet the International Monetary Fund (IMF) condition. While, obtaining a 36-month $6 billion bailout package, Pakis
Published 14 Aug, 2019 12:00am
IMF conditionality: government repays Rs 1.3 trillion to SBP
Print

IMF conditionality: government repays Rs 1.3 trillion to SBP

The federal government has repaid some Rs 1.3 trillion to the State Bank of Pakistan (SBP) in the first month of this fiscal year (FY19) to meet the International Monetary Fund (IMF) condition. While, obtaining a 36-month $6 billion bailout package, Pakis
Published 14 Aug, 2019 12:00am
July remittances post nominal growth YoY
Print

July remittances post nominal growth YoY

Inflows of workers'' remittances, sent by overseas Pakistanis, observed a slight growth of 3 percent (YoY) in the first month (July) of this fiscal year (FY20). Overseas Pakistani workers remitted $ 2.039 billion in July of FY20 as compared with $ 1.982 b
Published 10 Aug, 2019 12:00am
July remittances post nominal growth YoY
Print

July remittances post nominal growth YoY

Inflows of workers' remittances, sent by overseas Pakistanis, observed a slight growth of 3 percent (YoY) in the first month (July) of this fiscal year (FY20). Overseas Pakistani workers remitted $ 2.039 billion in July of FY20 as compared with $ 1.982 bi
Published 10 Aug, 2019 12:00am
July remittances post nominal growth YoY
Print

July remittances post nominal growth YoY

Inflows of workers' remittances, sent by overseas Pakistanis, observed a slight growth of 3 percent (YoY) in the first month (July) of this fiscal year (FY20). Overseas Pakistani workers remitted $ 2.039 billion in July of FY20 as compared with $ 1.982 bi
Published 10 Aug, 2019 12:00am
SBP imposes Rs 184 million penalties on four banks
Markets

SBP imposes Rs 184 million penalties on four banks

The State Bank of Pakistan (SBP) has imposed over Rs 184 million penalties on four banks in July 2019 for non-compliance of legal or regulatory requirements. The SBP takes supervisory enforcement actions against those institutions that fail to comply with
Published 09 Aug, 2019 12:00am
SEs and Mes: SBP introduces Modaraba-based refinance scheme
Print

SEs and Mes: SBP introduces Modaraba-based refinance scheme

The State Bank of Pakistan (SBP) has introduced a Modaraba-based Islamic refinance scheme for working capital financing of Small Enterprises and Low-End Medium Enterprises. Under this scheme, financing will be initially available to meet the working capit
Published 08 Aug, 2019 12:00am
SEs and Mes: SBP introduces Modaraba-based refinance scheme
Print

SEs and Mes: SBP introduces Modaraba-based refinance scheme

The State Bank of Pakistan (SBP) has introduced a Modaraba-based Islamic refinance scheme for working capital financing of Small Enterprises and Low-End Medium Enterprises. Under this scheme, financing will be initially available to meet the working capit
Published 08 Aug, 2019 12:00am
SEs and Mes: SBP introduces Modaraba-based refinance scheme
Print

SEs and Mes: SBP introduces Modaraba-based refinance scheme

The State Bank of Pakistan (SBP) has introduced a Modaraba-based Islamic refinance scheme for working capital financing of Small Enterprises and Low-End Medium Enterprises. Under this scheme, financing will be initially available to meet the working capit
Published 08 Aug, 2019 12:00am
Renewable energy: financing scheme extended up to June 30, 2022
Print

Renewable energy: financing scheme extended up to June 30, 2022

The State Bank of Pakistan (SBP) has announced extension in the financing scheme for renewable energy by three years to June 30, 2022 to promote renewable energy projects in the country. The scheme will be available for power generation using alternative/
Published 27 Jul, 2019 12:00am
Renewable energy: financing scheme extended up to June 30, 2022
Print

Renewable energy: financing scheme extended up to June 30, 2022

The State Bank of Pakistan (SBP) has announced extension in the financing scheme for renewable energy by three years to June 30, 2022 to promote renewable energy projects in the country. The scheme will be available for power generation using alternative/
Published 27 Jul, 2019 12:00am
Renewable energy: financing scheme extended up to June 30, 2022
Print

Renewable energy: financing scheme extended up to June 30, 2022

The State Bank of Pakistan (SBP) has announced extension in the financing scheme for renewable energy by three years to June 30, 2022 to promote renewable energy projects in the country. The scheme will be available for power generation using alternative/
Published 27 Jul, 2019 12:00am
Repayment tenure of agriculture loans raised to 10 years
Print

Repayment tenure of agriculture loans raised to 10 years

The maximum repayment tenure of development loans under the agriculture financing has been increased from 5 years to 10 years. The State Bank of Pakistan (SBP) has made some necessary amendments to "Loans for Farm Development and Machinery/Equipment," Reg
Published 25 Jul, 2019 12:00am
Repayment tenure of agriculture loans raised to 10 years
Print

Repayment tenure of agriculture loans raised to 10 years

The maximum repayment tenure of development loans under the agriculture financing has been increased from 5 years to 10 years. The State Bank of Pakistan (SBP) has made some necessary amendments to "Loans for Farm Development and Machinery/Equipment," Reg
Published 25 Jul, 2019 12:00am
Repayment tenure of agriculture loans raised to 10 years
Print

Repayment tenure of agriculture loans raised to 10 years

The maximum repayment tenure of development loans under the agriculture financing has been increased from 5 years to 10 years. The State Bank of Pakistan (SBP) has made some necessary amendments to "Loans for Farm Development and Machinery/Equipment," Reg
Published 25 Jul, 2019 12:00am
Mutual Funds'''' investment in money market proliferates
Markets

Mutual Funds'''' investment in money market proliferates

The investment of mutual funds industry in the money market is gradually increasing due to attractive margins followed by higher interest rate. Industry sources said that currently, money market not only offering a lucrative profit to Asset Management Com
Published 24 Jul, 2019 12:00am