SBP

The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has opted to keep the policy rate steady at 22% for the next two months, citing persistent inflationary …

FBR ISLAMABAD: The forthcoming ruling party, Pakistan Muslim League-Nawaz (PMLN), is pressing the Federal Board of Revenue (FBR) to formulate a comprehensive roadmap aimed at augmenting the tax-to-GDP ratio over …

ISLAMABAD: During the week ending February 02, 2024, the Pakistani government accrued an additional debt of Rs360 billion, bringing its total net borrowing for the ongoing fiscal year 2024 to …

ISLAMABAD: In the first half of fiscal year 2024 (1HFY24), Pakistan witnessed a substantial surge in its total debt and liabilities, reaching Rs81.20 trillion. It marked a notable increase of …

ISLAMABAD: The prolonged delay in the privatization of Pakistan International Airline (PIA) has created a significant strain on the operational dynamics of the national carrier, with reports indicating that nine …

ISLAMABAD: During the week ending January 12, 2024, the government of Pakistan accrued an additional debt of Rs86 billion, bringing the total net borrowing for the ongoing fiscal year 2024 …

President Dr Arif Alvi has directed two private banks to pay Rs 1.9 million and Rs 0.744 million respectively to their customers who fell victim to online banking fraud at …

ISLAMABAD: The State Bank of Pakistan reported 5.4 per cent growth in the inflows of remittances in December 2023. According to SBP, workers’ remittances recorded an inflow of US$2.4 billion …

ISLAMABAD: In continuation of ongoing efforts to strengthen the banking sector’s efficiency and fairness in complaints handling and to address the issues faced by banking customers in complaints lodgment, the …

ISLAMABAD: The State Bank of Pakistan today reported a significant increase of 852 million dollars in its foreign exchange reserves during the week ended on December 22, 2023. The total …