News stories for Rizwan Bhatti

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Government plans to borrow Rs 7 trillion in first FY20 quarter

The federal government has planned to borrow a record Rs 7 trillion from the domestic banking sector during first quarter of (July-September) of this fiscal year (FY20) to meet its financial needs. Analysts said that with limited external financing and co

Published 11 Jul, 2019 12:00am

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IMF package First tranche may arrive next week

Pakistan is likely to receive the first tranche of the International Monetary Fund (IMF) bailout package during next week. Sources told Business Recorder Saturday that the IMF is most likely to release $1 billion to Pakistan on Monday as first tran

Published 07 Jul, 2019 12:00am

Markets

IMF package First tranche may arrive next week

Pakistan is likely to receive the first tranche of the International Monetary Fund (IMF) bailout package during next week. Sources told Business Recorder Saturday that the IMF is most likely to release $1 billion to Pakistan on Monday as first tran

Published 07 Jul, 2019 12:00am

Markets

IMF package First tranche may arrive next week

Pakistan is likely to receive the first tranche of the International Monetary Fund (IMF) bailout package during next week. Sources told Business Recorder Saturday that the IMF is most likely to release $1 billion to Pakistan on Monday as first tran

Published 07 Jul, 2019 12:00am

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Government borrows record Rs 3.3 trillion for budgetary support

The PTI government made record Rs 3.3 trillion borrowing for budgetary support from State Bank of Pakistan (SBP) during the last fiscal year (FY19). The borrowed amount is almost equal to previous stocks of Rs 3.66 trillion as on June 30, 2018. Economist

Published 06 Jul, 2019 12:00am

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Government borrows record Rs 3.3 trillion for budgetary support

The PTI government made record Rs 3.3 trillion borrowing for budgetary support from State Bank of Pakistan (SBP) during the last fiscal year (FY19). The borrowed amount is almost equal to previous stocks of Rs 3.66 trillion as on June 30, 2018. Economist

Published 06 Jul, 2019 12:00am

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Government borrows record Rs 3.3 trillion for budgetary support

The PTI government made record Rs 3.3 trillion borrowing for budgetary support from State Bank of Pakistan (SBP) during the last fiscal year (FY19). The borrowed amount is almost equal to previous stocks of Rs 3.66 trillion as on June 30, 2018. Economist

Published 06 Jul, 2019 12:00am

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Withdrawal of zero-rated facility: textile sector's cost of production rises by 40pc: PWMA

The cost of production of the textile sector rose sharply some 40 percent due to budgetary measures as zero-rated facility has been withdrawn, wef, July 1, 2019. The federal government has withdrawn SRO-1125 in the federal budget 2019-20 resulting in the

Published 04 Jul, 2019 12:00am

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SBP issues fresh directives for biometric verification of NRPs

The State Bank of Pakistan (SBP) has issued fresh directives for biometric verification of existing banks customers, which are presently outside Pakistan, for compliance of Anti Money Laundering and Combating the Financing of Terrorism (AML/CFT) Regime.

Published 04 Jun, 2019 12:00am

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SBP issues updated guidelines on compliance of UNSC resolutions

The State Bank of Pakistan (SBP) on Friday issued updated Guidelines on Compliance of United Nations Security Council (UNSC) resolutions relate to Anti Money Laundering and Combating the Financing of Terrorism (AML/CFT) and asked banks/ DFIs and MFBs for

Published 01 Jun, 2019 12:00am

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SBP issues updated guidelines on compliance of UNSC resolutions

The State Bank of Pakistan (SBP) on Friday issued updated Guidelines on Compliance of United Nations Security Council (UNSC) resolutions relate to Anti Money Laundering and Combating the Financing of Terrorism (AML/CFT) and asked banks/ DFIs and MFBs for

Published 01 Jun, 2019 12:00am

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SBP issues updated guidelines on compliance of UNSC resolutions

The State Bank of Pakistan (SBP) on Friday issued updated Guidelines on Compliance of United Nations Security Council (UNSC) resolutions relate to Anti Money Laundering and Combating the Financing of Terrorism (AML/CFT) and asked banks/ DFIs and MFBs for

Published 01 Jun, 2019 12:00am

Markets

Deposit of tax against foreign assets: SBP notifies procedure

The State Bank of Pakistan on Saturday notified the procedure for deposit of tax against foreign assets under Assets Declaration Ordinance 2019. "In exercise of powers conferred under section 9 of the Assets Declaration Ordinance 2019, State Bank of Pakis

Published 26 May, 2019 12:00am

Markets

Deposit of tax against foreign assets: SBP notifies procedure

The State Bank of Pakistan on Saturday notified the procedure for deposit of tax against foreign assets under Assets Declaration Ordinance 2019. "In exercise of powers conferred under section 9 of the Assets Declaration Ordinance 2019, State Bank of Pakis

Published 26 May, 2019 12:00am

Markets

Deposit of tax against foreign assets: SBP notifies procedure

The State Bank of Pakistan on Saturday notified the procedure for deposit of tax against foreign assets under Assets Declaration Ordinance 2019. "In exercise of powers conferred under section 9 of the Assets Declaration Ordinance 2019, State Bank of Pakis

Published 26 May, 2019 12:00am

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