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SBP

Baqir expects more milestones as Roshan Digital Accounts achieve $500mn target

Baqir expects more milestones as Roshan Digital Accounts achieve $500mn target

  • “It is a great day for us as the State Bank of Pakistan (SBP) Roshan Digital Accounts have achieved the milestone of $500 million,” said Baqir in a ceremony on Thursday, while thanking the Prime Minister for the premier’s vision alongside lauding the Overseas Pakistanis as well.
Updated 18 Feb, 2021 12:51pm
Pakistan, IMF reach staff-level agreement on pending reviews under EFF
Business & Finance

Pakistan, IMF reach staff-level agreement on pending reviews under EFF

  • “This agreement is subject to the approval of the IMF’s Executive Board. The reviews’ completion would release around $500 million,” read the IMF statement.
  • Both parties reached the staff-level agreement on the second to fifth reviews of the authorities’ reform program supported by the IMF 39-month Extended Fund Facility (EFF) arrangement for the amount of SDR 4,268 million (about US$6 billion).
Published 16 Feb, 2021 07:58pm
Conflicting indicators
Opinion

Conflicting indicators

The economy is in a state of transition from the deep recession during March to June 2020 after COVID-19 to a phase...
Published 16 Feb, 2021 04:07am
Data obfuscation
Opinion

Data obfuscation

Macro-economic data released by the Ministry of Finance, particularly with reference to the fiscal deficit and total...
Published 15 Feb, 2021 04:53am
Start-ups gain traction
Editorials

Start-ups gain traction

EDITORIAL: In modern tech world, new businesses are growing in a shape which is vastly different from the...
Published 12 Feb, 2021 04:54am