Cumulatively, at $15.8 billion, remittances grew by 11.3% during the first half of FY22 over the same period last year.
State Bank of Pakistan
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EconomyLatest Updates
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EconomyLatest Updates
Banks provide record Rs163 billion loans for housing and construction in 2021: SBP
Within the housing and construction portfolio, disbursements under Government Markup Subsidy scheme, also known as Mera Pakistan Mera Ghar increased by Rs38 billion.
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EconomyLatest Updates
Banks provide record Rs163 billion loans for housing and construction in 2021: SBP
Within the housing and construction portfolio, disbursements under Government Markup Subsidy scheme, also known as Mera Pakistan Mera Ghar increased by Rs38 billion.
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EconomyLatest Updates
State bank gives 120 days new deadline to exporters to bring foreign exchange to pakistan
SBP’s new measure is expected to positively impact foreign exchange inflows in the market.
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The SBP Amendment Bill will extend tenure of the Governor of State Bank of Pakistan from three to five years. It is yet not clear whether it becomes applicable for …
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The SBP Amendment Bill will extend tenure of the Governor of State Bank of Pakistan from three to five years. It is yet not clear whether it becomes applicable for …
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EconomyLatest Updates
state bank further raises markup rate by 100 basis points, to 9.75%, indicates higher than target inflation in 2022
The central bank has also indicated higher than projected inflation in the country in FY22
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According to the State Bank of Pakistan data for the week ending on Dec 3, 2021, the reserves with the SBP fell to $16.01 billion due to external debt repayments.
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EconomyLatest UpdatesNational
deep-rooted changes crucial for sustaining growth momentum: State Bank
Pakistan’ economy rebounded during FY21, with real GDP growth rising to 3.9 percent. Importantly, this expansion in economic activity was accompanied by a 10-year low current account balance that contributed …
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InternationalLatest Updates
energy global international files rs74 billion damage suit against SBP, Bank-Islami for freezing its accounts
Sindh High Court has summoned representatives of the SBP and BankIslami to appear before the additional registrar of the court on Feb 15, 2022 to respond to the damages claim, …