Rs 466.5bn raised via auction for MTBs KARACHI: The federal government on Wednesday raised Rs 466.5 billion from the domestic banking system through the... Published 11 Aug, 2022 04:35am
Editorials Better late than never EDITORIAL: It turns out that repeated assurances from the State Bank of Pakistan (SBP) and finance ministry were on... Published 11 Aug, 2022 04:35am
Print Restrictions imposed by SBP: PHMA seeks Miftah’s intervention ISLAMABAD: Pakistan Hosiery Manufacturers and Exporters Association (PHMA) has sought Finance Minister Miftah... Updated 11 Aug, 2022 11:33am
Print Foreign donor-assisted projects: MoF revises accounting procedure for revolving fund accounts ISLAMABAD: The Ministry of Finance has revised accounting procedure for revolving fund accounts (foreign aid... Updated 11 Aug, 2022 09:42am
Business & Finance SBP allows NRPs to contribute to pension funds Some amendments have been made in instructions regarding NRP Rupee Value Account for contribution in units of Authorized Pension Funds Updated 09 Aug, 2022 03:26pm
Print FY23 CAD will likely present a pleasant prospect Experts expect it to clock in at $8.7 billion or 2.3% of GDP Updated 09 Aug, 2022 09:24am
Business & Finance Banks to issue Proceeds Realisation Certificates electronically Banks will also issue S-PRCs electronically to their customers, mentioning all remittances received by them from abroad during the year Updated 07 Aug, 2022 10:17am
Opinion Monetary policy: chasing vs targeting inflation The statement from Dr. Murtaza Syed, Acting Governor the SBP (State Bank of Pakistan) that monetary policy ‘will... Published 07 Aug, 2022 05:41am
Print SBP opens PM’s flood relief fund account KARACHI: Following the federal government directives, the State Bank of Pakistan (SBP) has opened the “Prime... Updated 07 Aug, 2022 01:14pm
Business & Finance Roshan Digital Accounts: inflow in July down 25% month-on-month Cumulative inflow hits $4.794 billion in 23 months since start of programme Updated 06 Aug, 2022 04:43pm
Business & Finance MPMG housing finance scheme: SBP appoints focal persons to address customers’ complaints Focal persons will facilitate customers, who are eligible to avail the disbursement of financing under MPMG Updated 06 Aug, 2022 12:14pm
Print Penalties sans coal supply: PQEPC accuses CPPA-G of flouting PM’s instructions CEO says some commitments were made with company that need follow-up for implementation Updated 06 Aug, 2022 09:41am
Print Items being imported on deferred payments: SBP reduces cash margin to 0pc Previously, cash margin requirement for import payments beyond 180 days was 100% Updated 06 Aug, 2022 09:24am
Print SBP opposed to renewal of BPA with Iran Says proposed pact may not be practicable in the current international scenario Updated 06 Aug, 2022 09:27am
Business & Finance ePRC and S-PRCs: ADs told to ensure automated issuance, verification by 29th SBP invites attention of ADs to Paras 1 & 2, Chapter 10 of the Foreign Exchange Manual Updated 06 Aug, 2022 12:10pm
Business & Finance Volatility in exchange rates: BMP underscores need for strict monitoring of banks, money market LAHORE: The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel (BMP) has asked the... Published 06 Aug, 2022 04:02am
Business & Finance SBP injects Rs996 billion in OMO The State Bank of Pakistan (SBP) has injected Rs996 billion worth of liquidity into the money market via an open... Published 05 Aug, 2022 02:48pm
Markets Rupee maintains upper hand against US dollar, closes near 224 The currency has improved Rs15.9 in the last six sessions Updated 05 Aug, 2022 09:58pm
Pakistan PTI leader assails delay in appointment of SBP governor ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) leader Omar Ayub Khan on Thursday questioned the delay in the appointment... Published 05 Aug, 2022 06:27am
Opinion Acute food inflation and a shallow global policy leadership response The ‘Food security’ update recently released by World Bank indicated a very difficult food inflation situation... Published 05 Aug, 2022 06:27am
Business & Finance SBP team visits LCCI for interactive session with business community members LAHORE: A team of State Bank of Pakistan on Thursday visited the Lahore Chamber of Commerce and Industry to have an... Published 05 Aug, 2022 06:27am
Print FIA to probe prohibited funding case: Jubilant coalition govt decides to send a declaration to SC ISLAMABAD: The federal cabinet on Thursday has taken a principled decision to send the declaration against the... Updated 05 Aug, 2022 11:13am
Business & Finance SBP directs TAG to refund due funds to wallet holders KARACHI: The State Bank of Pakistan (SBP) has directed M/s TAG Innovation - an Electronic Money Institution (EMI)... Published 05 Aug, 2022 06:27am
Markets Forex reserves fall by $206m KARACHI: The country’s total liquid foreign exchange reserves declined by $ 206 million during last week due to... Published 05 Aug, 2022 06:27am
Editorials IT sector concerns EDITORIAL: It’s very important to digest some IT (Information Technology) sector statistics before understanding... Published 05 Aug, 2022 06:27am
Business & Finance Dr Reza Baqir hails 'good news' over Pakistan's IMF progress Dr Reza Baqir, former governor of Pakistan’s central bank, hailed on Thursday the recent “good news” and... Published 04 Aug, 2022 09:42pm
Business & Finance SBP tells TAG Innovation to 'refund all outstanding funds to its wallet holders' Says action has been taken after identification of violations of SBP’s regulatory requirements and other concerns during the pilot operations Updated 04 Aug, 2022 08:25pm
Markets Critical level: SBP-held foreign exchange reserves fall to $8.39bn Reserves decreased by another $190mn due to external debt and other payments Published 04 Aug, 2022 07:34pm
Pakistan Maryam Nawaz says PTI should demand Imran Khan's resignation PML-N Vice-President warns PTI chairman will also drown party members in whose name he asked for illegal money Published 04 Aug, 2022 05:02pm
Markets Rupee continues merry path, closes at 226.15 against US dollar Currency strengthens another 1.17% in the inter-bank market Updated 04 Aug, 2022 08:54pm