SBP Expands Naya Pakistan Certificates to Saudi Riyal and UAE Dirham

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The State Bank of Pakistan (SBP) announced issuance of Naya Pakistan Certificates in Saudi riyal and UAE dirham, offering slightly lower returns compared with investments…

Govt to Impose Capital Gains Tax on Cryptocurrency in Budget 2026–27

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The federal government plans to impose a capital gains tax on cryptocurrency transactions as part of the upcoming budget 2026-27, informed sources confirmed. The government,…

SHC Orders SBP to Reinstate Employee Over Heart Condition

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The Sindh High Court (SHC) has suspended the dismissal of Iman Gulzar, a State Bank of Pakistan (SBP) employee fired due to a rare congenital…

Documents Reveal Pakistan State Firm Chiefs Earn up to Rs. 10M Monthly

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Official records have revealed that senior executives at state-owned banks and investment firms receive salaries far exceeding those of most government employees. The managing director…

SBP Mandates 24/7 CCTV and Chip-Pin Cards

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The State Bank of Pakistan (SBP) has directed all commercial banks to immediately upgrade their ATM security systems to prevent growing incidents of financial fraud.…

External Loans Surge 83 Percent to $11 Billion in 10 months

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Pakistan received $11 billion in external loans between July 2025 and April 2026, representing an 83 percent rise compared with the $6 billion secured during…

SBP Reserves Climb to $17.081 Billion After IMF and Panda Bond Inflows

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Foreign exchange reserves held by the State Bank (SBP) rose by $1.214 billion in a week, reaching $17.081 billion as of 15 May 2026. The…

Pakistan Draws Final Tranche of $1.2 Billion Saudi Oil Facility

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The federal government has fully utilised a $1.2 billion oil facility from the Kingdom of Saudi Arabia (KSA), with the final $100 million tranche drawn…

Pakistan IT Exports Recover Strongly, Hit $423 Million in April After Early-Year Dip

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Pakistan’s IT and telecom export remittances posted another strong performance in April 2026, showing continued growth despite fluctuations earlier this year. According to the State…

SBP Governor Provides Update on New Currency Notes

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Governor State Bank of Pakistan (SBP) Jameel Ahmad stated that the introduction of new currency note designs is expected to face delays due to ongoing…

SBP Launches Go Cashless Campaign for Eid-ul-Azha 2026

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The State Bank of Pakistan has launched a nationwide “Go Cashless” campaign for Eid-ul-Azha 2026 to encourage secure and convenient digital transactions in cattle markets across…

SBP Reserves Rise to Nearly $16 Billion After Fresh Dollar Inflows

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The State Bank of Pakistan State Bank of Pakistan recorded a slight increase in its foreign exchange reserves during the week ending May 8, 2026, supported by…

Govt Plans 7-Year Car Installment Scheme With Loans Up to Rs. 10 Million

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The federal government is considering a major overhaul of auto financing rules that would allow long-term car installment plans of up to seven years and…

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