Islamabad, Apr 5, 2025: The State Bank of Pakistan (SBP) has executed Open Market Operations (OMO), injecting a significant sum of approximately Rs2.94 trillion into the banking sector. This operation …
SBP
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Business
Digital Payments Surge Past 2 Bln, Transaction Value Reaches Rs154 Tln
by Umar Sohailby Umar SohailKARACHI, March 29: Retail payments in Pakistan crossed the two-billion mark in a single quarter for the first time, reaching 2.143 billion transactions—an 11% increase from the previous quarter—according to …
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Islamabad, March 28: The State Bank of Pakistan (SBP) acquired $5.5 billion from the interbank market between June and December 2024, and market analysts predict that the total dollar purchases …
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Islamabad, March 27: Foreign exchange reserves held by the State Bank of Pakistan (SBP) dropped by $540 million on a weekly basis, reaching $10.61 billion as of March 21, according …
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BusinessTrending Now
Delay in Power Production by Thar Coal: KE Blames Power Division
by Umar Sohailby Umar SohailISLAMABAD, March 24: K-Electric (KE) has shifted the responsibility for any potential delays in the conversion of the Jamshoro Power Plant to Thar coal onto the Power Division, citing delays …
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BusinessTop Trending News
IMF Gives Consent to 2% Cut in Tax on Property Buyers
by Umar Sohailby Umar SohailIslamabad, March 22: The International Monetary Fund (IMF) has agreed in principle to grant partial relaxations to the Federal Board of Revenue’s (FBR) request to lower the Withholding Tax (WHT) …
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Karachi, March 21: Private sector lending in Pakistan has significantly slowed down, raising concerns about the country’s economic growth and revenue generation, both of which are already underperforming. Despite a …
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Islamabad/Karachi, March 21: The Economic Coordination Committee (ECC) of the Cabinet is set to approve the gradual phasing out of the State Bank of Pakistan’s (SBP) Long Term Financing Facility …
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ISLAMABAD, March 21: On Thursday, State Bank of Pakistan (SBP) Governor Jameel Ahmed expressed optimism that Pakistan and the International Monetary Fund (IMF) would soon reach a staff-level agreement (SLA). …
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InvestmentTop Trending News
Profit Repatriation Killing FDI Now in Pakistan
by Umar Sohailby Umar SohailIslamabad, March 21: The repatriation of profits and dividends from foreign investments in Pakistan has experienced a remarkable surge of 104% during the first eight months of the current fiscal …