FDI.jpg

Pakistan’s foreign direct investment drops by 27pc

By Hamza Zakir ⏐ 5 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

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

SBP orders banks to enable fully interoperable digital payment options

By Hamza Zakir ⏐ 5 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

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

Despite COVID-19, Pakistan economy moving in the right direction: PM Imran Khan

By Hamza Zakir ⏐ 5 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Prime Minister Imran Khan believes that despite the massive burden of debt and the challenges posed by the global coronavirus pandemic, the nation’s economy is…

Bank deposits increase by 16.5% in one year: SBP

By Hamza Zakir ⏐ 5 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Total deposits in the nation’s banks grew by 16.5% over the past year to Rs17.08 trillion in January 2021, as a majority of businesses and…

Roshan digital accounts bring in $400m in four months

By Hamza Zakir ⏐ 5 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

In a development that is sure to boost the nation’s confidence in the central bank initiative launched by Prime Minister Imran Khan back in September…

SBP foreign exchange reserves plummet by $386m over a single week

By Hamza Zakir ⏐ 5 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Foreign exchange reserves held by the State Bank of Pakistan (SBP) have taken a considerable hit. According to data recently released by the central bank,…

Pakistan’s public debt shoots up to Rs3.7 trillion in a year: SBP

By Hamza Zakir ⏐ 5 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

With the government under pressure to reduce its reliance on short-term debt to minimize refinancing risks, it has been revealed by a recent State Bank…

Pakistan’s first instant payment system developed by SBP launched by PM today

By Hamza Zakir ⏐ 5 years ago ⏐ Newspaper Icon Newspaper Icon 3 min read

In a launch ceremony that kicked off at 4:30 PM today, Prime Minister Imran Khan officially launched Raast, the nation’s first-ever instant payment system developed…

Pakistan’s economy is coming back on track: SBP

By Talha Ikram ⏐ 5 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

According to a report issued by the State Bank of Pakistan (SBP), Pakistan’s economy started to regain its pre-COVID trajectory during the first quarter (Q1)…

PM Imran Khan hails ‘remarkable turnaround’ in economy despite COVID-19

By Hamza Zakir ⏐ 5 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Prime Minister Imran Khan took to Twitter to express his pleasure at the positive trajectory of the nation’s economy this year despite the ongoing global…

State-Bank-of-Pakistan

SBP launches consultation on Banking on Equality Policy – an initiative to increase financial inclusion of women in the country

By Press Release ⏐ 5 years ago ⏐ Newspaper Icon Newspaper Icon 4 min read

In order to address one of the key challenges hindering economic growth of Pakistan to its full potential, State Bank of Pakistan (SBP) has launched…

sbp.jpg

SBP is all set to launch consultation on Banking on Equality policy for reducing the gender gap in financial inclusion

By Press Release ⏐ 5 years ago ⏐ Newspaper Icon Newspaper Icon 3 min read

Women’s access to financial and economic opportunities is essential for sustainable and inclusive economic growth. However, women in Pakistan are disproportionately under-served by the financial…

Foreign direct investment to Pakistan drops 17% in first five months of FY2021: SBP

By Hamza Zakir ⏐ 5 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Foreign Direct Investment (FDI) to Pakistan has dropped to $717.1 million during the first five months of the fiscal year 2020-2021, according to data released…

Get Alerts