SBP
IT Export Remittances Fall 14.5% in January 2026
Pakistan’s IT and telecom export remittances dropped sharply by 14.5% in January 2026, falling to $374 million from $437 million in December, according to official…
State Bank Declares Bank Holiday on 1st Ramadan
The State Bank of Pakistan has declared that all banks, DFIs, and MFBs will remain closed for public dealings on 1st Ramadan-ul-Mubarak, 1447 A.H., observed…
SBP Launches “Cyber Shield” to Protect Banks and Customers
The State Bank of Pakistan (SBP) on Tuesday announced the launch of Cyber Shield, a new strategy aimed at protecting banks and financial institutions from…
Banks Slash Export Finance Mark-Up by 3% to Boost Exports
Pakistan’s banking sector has reduced the mark-up rate on export financing by 3 percent, bringing the end-user rate under the Export Refinance Facility (ERF) down…
Pakistan Central Govt Debt Rises to Rs. 78.5 Trillion in December 2025
Pakistan’s central government debt surged to Rs. 78.5 trillion in December 2025, marking a 1.3 percent increase on a month-on-month (MoM) basis, according to the…
SBP Governor Expects Pakistan’s Economy to Outperform IMF Forecasts
State Bank of Pakistan (SBP) Governor Jameel Ahmed projected that Pakistan’s economy could grow up to 4.75 percent in FY26, exceeding the International Monetary Fund’s…
Dubai Remittances Cross $540 Million as Pakistan Gets $3.46 Billion
Pakistan received over $540 million from Dubai remittances in January 2026, marking the highest inflow from the city and reinforcing its position as a major…
Pakistan Capital Market Successfully Transitions to the T+1 Settlement Cycle
Pakistan’s capital market has officially transitioned to the T+1 settlement cycle, a landmark reform that strengthens efficiency, reduces risk, and aligns the country with international…
Pakistan’s GDP Growth Projected at Up to 4.75% in FY26: SBP
Pakistan’s economic outlook has strengthened, with the State Bank of Pakistan (SBP) projecting real GDP growth between 3.75% and 4.75% for FY26, according to its…
Will New Currency Notes Be Available This Eid? SBP Gives Clear Answer
Pakistanis will not see newly designed currency notes this Eid, as the State Bank of Pakistan (SBP) has confirmed that the issuance process has not…
State Bank of Pakistan Approves New Currency Note Designs
The State Bank of Pakistan has finalized the designs for new currency notes, the bank’s governor, Jameel Ahmad, confirmed. The designs were approved by the…
Commercial Banks Questioned Over SMS Charges, Meezan Bank in Spotlight
The Senate Standing Committee on Finance and Revenue on Tuesday sharply criticized commercial banks, for charging customers high fees for SMS alerts and other routine…
SBP Rules Out Discontinuation of Rs5,000 Currency Note
Governor of the State Bank of Pakistan (SBP) Jameel Ahmad has categorically ruled out any proposal to discontinue the Rs5,000 currency note, putting an end…
