SBP
Roshan digital accounts bring in $400m in four months
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
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
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
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
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
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…
SBP launches consultation on Banking on Equality Policy – an initiative to increase financial inclusion of women in the country
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 is all set to launch consultation on Banking on Equality policy for reducing the gender gap in financial inclusion
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
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…
Pakistan’s industrial sector showing promising recovery: SBP
According to the State Bank of Pakistan (SBP), Pakistan’s industrial sector is back on track despite the rising COVID-19 cases in the country due to…
Here is how “Blockchain” technology is revolutionizing the digital landscape of Pakistan
Any cryptocurrency and Blockchain enthusiast nowadays knows that Blockchain technology is the future. I will address the evolution and effect of Pakistan’s Blockchain technologies in…
China bails out Pakistan yet again, agrees to help pay off Saudi debt
China has reportedly swooped in to help Pakistan pay off a debt yet again, by agreeing to immediately provide $1.5 billion in financing to pay…
Roshan Digital Account receives more than $7m in a single day
The Roshan Digital Account (RDA) received a total of $7.7 million on December 9, which is the highest amount that has been obtained in a…
