ISLAMABAD: Pakistan Stock market today lost more than 800 points in reaction to the State Bank of Pakistan decision to further increasing the discount rate. The central bank has raised …
State Bank
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EconomyLatest Updates
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EconomyLatest UpdatesNationalPolitics
State Bank Boosts Interest Rate To 13.75 Percent
by Hamza Irshadby Hamza IrshadThe inflation prognosis has deteriorated owing to domestic and foreign causes. An expansionary fiscal attitude this year, accentuated by the latest energy subsidy package, has boosted demand and added pressure …
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EconomyLatest Updates
Pakistan’s current account deficit widens to above $11.5 billion in seven months of 2021-22
Sharp increase in the current account deficit in January-2022 negates the government and the SBP forecasts of reduction in CAD from Jan-June 2022.
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EconomyLatest Updates
Pakistan’s current account deficit widens to above $11.5 billion in seven months of 2021-22
Sharp increase in the current account deficit in January-2022 negates the government and the SBP forecasts of reduction in CAD from Jan-June 2022.
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EconomyLatest Updates
SBP enhances agri-credit limit for farmers/middlemen without indicating availability of actual amount of loans
According to SBP press statement, the enhanced credit limit will also enable banks to align the loan amounts with the actual requirements of farmers and resultantly enhance flow of agriculture …
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According to SBP total liquid reserves of Pakistan have increased to US$ 23,720 million.
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EconomyLatest Updates
new monetary policy: SBP keeps discount rate unchanged, energy tariff hike, end of tax exemptions to inflate inflation to double digit in FY22, says Reza Baqir
Energy tariff increases and the removal of tax exemptions in the Finance (Supplementary) Act are likely to keep year-on-year inflation elevated over the next few months, close to the upper …
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Minister said that autonomy of the central bank is aimed at making SBP free from political influence
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Minister said that autonomy of the central bank is aimed at making SBP free from political influence
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EconomyInternationalLatest Updates
State bank not establishing afghanistan relief fund fearing FATF sanctions, asks govt to review decision
The SBP’s objection to govt-supported bank account for Afghanistan on the pretext of FATF seems a tactic to delay support for Afghanistan and to please for the foreign masters.