Search For "state bank of pakistan"
Pakistan's 'mini budget' fails to solve economic woos under PM Imran Khan
Updated : 4 years, 2 months ago IST
Islamabad [Pakistan], January 1 (ANI): Pakistan's 'mini budget' or the Finance Supplementary Bill, 2021 was introduced on Thursday in the National Assembly but fails to solve the increasing problems of the people due to high inflation under Imran Khan's regime.
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Imran govt is turning Pakistan's State Bank into bank of IMF, says PML-N l
Updated : 4 years, 2 months ago IST
Islamabad [Pakistan], January 1(ANI): Lambasting the new bill in Pakistan's National Assembly, the country's former Finance Minister Miftah Ismail said that with the government's unveiling of a new amendment bill the State Bank of Pakistan (SBP) has "now become the State Bank of IMF."
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Pakistan's draft finance bill approval a challenging task: Report
Updated : 4 years, 2 months ago IST
Islamabad [Pakistan], December 28 (ANI): Approval of the draft finance bill envisaging not only the withdrawal of sales tax exemptions amounting to 330 billion rupees and granting autonomy to the State Bank of Pakistan (SBP) from the Cabinet and then the Parliament is going to be a challengi
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Pakistan: Import data widens to historic high of USD 1 billion
Updated : 4 years, 2 months ago IST
Islamabad [Pakistan], December 26 (ANI): The gap between import data from the State Bank of Pakistan (SBP) and the Pakistan Bureau of Statistics (PBS) alarmingly grew to a historic high of USD 1.5 billion in November, the biggest sum in a single month since 2008 when reconciliation issue fir
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Pakistani rupee further weakens against US dollar, touches Rs 178 mark
Updated : 4 years, 3 months ago IST
Islamabad [Pakistan], December 10 (ANI): The Pakistani rupee continues to fall against the US dollar and on Friday it touched a fresh low record of Rs 178 to the greenback, reported local media.
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Pakistani rupee continues to fall against US dollar, hits new low
Updated : 4 years, 3 months ago IST
Islamabad [Pakistan], December 8 (ANI): Pakistani rupee is continuously falling against the US dollar and hit an all-time low Rs 177.43 against the USD on Wednesday amid the rising inflation in the country and increasing demand for foreign currency.
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Pakistan's public debt surges to Rs 40.3 trillion by end of October
Updated : 4 years, 3 months ago IST
Karachi [Pakistan], December 7 (ANI): Pakistan's public debt increased by 4 per cent at the end of October 2021, the central bank data showed on Monday, and analysts said that rising interest rates is likely to drive debt servicing cost higher in months ahead.
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Pakistan struggles to pay Chinese debts amid ballooning external payments
Updated : 4 years, 3 months ago IST
Islamabad [Pakistan], December 4 (ANI): Beijing's debts are squeezing Pakistan's pinched finances as external payments are set to balloon to USD 14 billion at the end of this financial year and nearly half is owed to Chinese commercial banks, largely for the Belt and Road Initiative (BRI)
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UAE firm files lawsuit worth around Rs 74 billion against State Bank of Pa
Updated : 4 years, 4 months ago IST
Islamabad [Pakistan], November 20 (ANI): An United Arab Emirates-based trading and investment firm has filed a lawsuit worth around Rs 74 billion against the State Bank of Pakistan (SBP) and a private bank, local media reported.
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Pakistan's exports to India plunged to 90.4 pc in 2021: Report
Updated : 4 years, 4 months ago IST
Islamabad [Pakistan], November 15 (ANI): Pakistan's exports to India plunged 90.4 per cent to USD 0.099 million this year from USD 1.035 million in Financial Year 2021, according to latest data released by the State Bank of Pakistan (SBP).
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State Bank of Pakistan raises Cash Reserve Requirement of banks by 1 pc to
Updated : 4 years, 4 months ago IST
Karachi [Pakistan], November 14 (ANI): The State Bank of Pakistan (SBP) on Saturday raised Cash Reserve Requirement (CRR) by one percentage point for scheduled banks for the first time in 13 years in a bid to curb rising inflation in the country.
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Pakistan's IMF programme stirs controversy as government violates due legi
Updated : 4 years, 4 months ago IST
Islamabad [Pakistan], November 13 (ANI): The due legislation procedure was bypassed in haste for the State Bank of Pakistan (SBP) Amendment Bill that has landed the International Monetary Fund programme in Pakistan into deeper controversy, reported The News International.
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