SBP
Ministry Demands Swift Raast QR Code Implementation for Utility Bills
2 min read
The Ministry of Finance has directed administrative ministries and regulatory bodies to provide immediate updates on the rollout of Raast QR codes across public utility…
SBP Issues Rs. 75/- Commemorative Coin to celebrate Marka-e-Haq
2 min read
The State Bank of Pakistan (SBP) has announced the release of a special Rs75 commemorative coin. The coin honors the bravery of Pakistan’s armed forces…
Pakistan and Japan’s Soramitsu Set to Begin Central Bank Digital Currency Trial
2 min read
Pakistan is set to launch its first central bank digital currency (CBDC) pilot later this year in collaboration with Japanese blockchain technology firm Soramitsu. The…
SBP Unveils New Framework to Ease Bank Account Opening
2 min read
In an effort to streamline the process of bank account opening, the State Bank of Pakistan (SBP) has released new regulations for customer onboarding. Standardization…
SBP Expands Raast & PayPak to Reduce Foreign Payment Reliance
3 min read
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
2 min read
The State Bank of Pakistan (SBP) has made a significant move to stabilize its foreign reserves by purchasing $6.8 billion from the interbank market between…
Only 3% of Pakistan Retailers Accept Digital Payments: SBP
2 min read
Despite advances in digital payment infrastructure, Pakistan’s retail sector shows low adoption of point-of-sale (POS) systems, underscoring a continued dependence on cash transactions. According to…
Pakistan’s IT Exports See First Dip After 19 Months
2 min read
Pakistan’s booming IT export sector has finally hit a speed bump. In May 2025, the country recorded monthly IT exports worth US$ 329 million, reflecting…
Senate Finance Committee Reviews Solar Panel Policy, Gives a Deadline to SBP & FBR
3 min read
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
4 min read
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
2 min read
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
2 min read
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
3 min read
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…
Latest News
