SBP
SBP Expands Raast & PayPak to Reduce Foreign Payment Reliance
The State Bank of Pakistan (SBP) has accelerated its efforts to reduce Pakistan’s dependency on expensive international card networks like Visa and MasterCard, which settle…
SBP Buys $6.8B to Boost Reserves, Repay Debt
The State Bank of Pakistan (SBP) has made a significant move to stabilize its foreign reserves by purchasing $6.8 billion from the interbank market between…
Only 3% of Pakistan Retailers Accept Digital Payments: SBP
Despite advances in digital payment infrastructure, Pakistan’s retail sector shows low adoption of point-of-sale (POS) systems, underscoring a continued dependence on cash transactions. According to…
Pakistan’s IT Exports See First Dip After 19 Months
Pakistan’s booming IT export sector has finally hit a speed bump. In May 2025, the country recorded monthly IT exports worth US$ 329 million, reflecting…
Senate Finance Committee Reviews Solar Panel Policy, Gives a Deadline to SBP & FBR
Islamabad: The Senate Standing Committee on Finance and Revenue, presided over by Senator Saleem Mandviwalla, convened today at the Parliament House to deliberate on key…
PSDE Conference Unveils URAAN Framework to Drive Pakistan Toward $1 Trillion Economy
Islamabad: Pakistan took a significant step toward reimagining its development model as the 38th Annual General Meeting and Conference of the Pakistan Society of Development…
Binance Founder Changpeng Zhao Joins Pakistan Crypto Council as Strategic Advisor
In a groundbreaking move poised to reshape the global crypto landscape, Changpeng Zhao (CZ)—visionary founder of Binance and one of the most influential figures in…
Pakistan Govt Disburses 1.9 Million Digital Payments Under Ramadan Relief Package 2025
Islamabad: The government of Pakistan has taken a significant step toward digital governance and financial inclusion by successfully executing 1.9 million digital payments under the…
Engro Secures CCP Approval for $563 Million Deal to Acquire Jazz’s Deodar Tower Assets
The Competition Commission of Pakistan (CCP) has granted approval for Engro Corporation’s acquisition of Deodar (Pvt.) Ltd., the tower subsidiary of Pakistan Mobile Communications Limited…
Pakistan Crypto Council Convenes First Meeting to Discuss Blockchain and Cryptocurrency Regulations
Islamabad: The inaugural meeting of the Pakistan Crypto Council (PCC) was held on Friday under the chairmanship of Federal Minister for Finance and Revenue, Senator…
Govt Increases Profit Rates on National Savings Schemes, Cuts Savings Account by 100 Bps
The Central Directorate of National Savings (CDNS) has revised profit rates for various National Savings Schemes (NSS), with the new rates taking effect from March…
Pakistan Govt Launches Crypto Council to Oversee Cryptocurrency Legalization and Blockchain Innovation
The Pakistan Crypto Council (PCC) has officially been launched, marking a significant step in the country’s efforts to regulate and integrate blockchain technology and digital…
Winners of Rs25,000 Prize Bond Draw for March 2025 Announced
The Rs25,000 prize bond draw was conducted in Muzaffarabad on Monday, March 10, 2025, announcing winners and distributing prizes to successful participants. The State Bank of…
