521 solar projects worth Rs36bn have been launched under SBP’s schemes

According to Governor State Bank of Pakistan (SBP) Dr. Reza Baqir during a webinar, various commercial banks have extended...

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May 5 ·>

Pakistan’s foreign exchange reserves rise to $16.4 billion

The foreign exchange reserves held by the central bank rose 2.39% on a weekly basis, according to data released...

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Apr 30 ·>

PM Imran thanks overseas Pakistanis as RDA funds cross $1bn mark

Prime Minister Imran Khan on Saturday thanked overseas Pakistanis as funds received through the Roshan Digital Account (RDA) –...

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Apr 24 ·>

Govt to pay salaries, employee pensions via Raast instant payments system

The State Bank of Pakistan (SBP) has decided to digitize the payment process for salaries and payments of government...

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Mar 31 ·>

Ex-IMF official & State Bank’s current governor, Raza Baqir calls for an end to SBP’s accountability

The current governor of the State Bank of Pakistan (SBP), who used to oversee the IMF’s operations in Egypt,...

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Mar 27 ·>

Pakistan’s IT exports maintain growth of 40% over 8 months

Pakistan’s IT sector has remained impressive throughout the current financial year, with consistent growth of above 40 percent in...

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Mar 23 ·>

Pakistan records current account surplus of $881 million against a deficit of $2,741 million last year

“During Jul-Feb FY21, the current account remained in a surplus of $881 million, against a deficit of $2,741 million...

Mar 22 ·>

Foreign direct investment to Pakistan down by 30% in eight months

The net inflow of foreign direct investment (FDI) declined 30 percent during the first eight months (July–February) of the...

Mar 18 ·>

SBP permanently removes charges for Internet and mobile banking services

The State Bank of Pakistan (SBP) has waived off the fees on various internet and mobile banking services for...

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Mar 11 ·>

SBP foreign reserves surge by $70mn to almost $13bn

The foreign exchange reserves held by the central bank rose 0.54% on a weekly basis, according to data released...

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Mar 5 ·>

Pakistan’s foreign direct investment drops by 27pc

Foreign Direct Investment (FDI) declined by 27.4 percent during the July-Jan 2021 period of the current fiscal year. According...

Feb 22 ·>

SBP orders banks to enable fully interoperable digital payment options

The State Bank of Pakistan (SBP) has issued directives to further facilitate customer repayment options on Alternate Delivery Channels...

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Feb 22 ·>