Weekly inflation up 0.52pc
ISLAMABAD: The Sensitive Price Indicator (SPI)-based weekly inflation for the combined income group increased 0.52pc during the week ended on Jan 28,...
SBP’s foreign reserves decline by $101mn
The total liquid foreign reserves held by the country stood at $14,852.1 million on 5 October 2018.
Foreign reserves held by the State...
American budgeting specialist delivers lecture at SMIU
A United States expert on automated budgeting and finance, Bilal Syed, has said that the financial operations in US are carried out...
SBP reserves fall $26m to 8.23bn
ISLAMABAD:Â The foreign exchange reserves held by the State Bank of Pakistan (SBP) fell by $26 million to $8.238 billion, the data released...
SBP issues directives to banks over breach of payment cards
KARACHI: As a result of the security breach of payment cards and their unauthorized use on different delivery channels i.e. at ATMs...
Macroeconomic imbalances hampered financial sector growth in 2018: SBP
KARACHI:Â The State Bank of Pakistan (SBP) on Thursday issued its flagship annual publication, Financial Stability Review (FSR), for the calendar year 2018.
The...
Govt provides details to IMF team about ‘wealth fund’
In regard to the wealth fund, the IMF was informed it would shortly create it with a focus to make these loss-incurring SOEs operational and profitable via financing from the fund
Borrowing by low and middle-income economies tripled in 2017: WB
WASHINGTON:Â Borrowing by low and middle-income economies from external official and private creditors surged to $607 billion in 2017 from $181 billion the...
Cabinet to discuss outsourcing of airports
The Cabinet meeting chaired by Prime Minister Nawaz Sharif is scheduled for Friday to consider outsourcing of airports in an attempt to...
High-level Iranian delegation to visit Islamabad to hold 4th round on FTA
ISLAMABAD: The fourth round of the Free Trade Agreement (FTA) between Pakistan and Iran is to be held in April when a...
Escalating current account deficit signals challenges ahead
A report was released by the Institute for Policy Reforms (IPR) on Monday to review the economic indicators for the six month...
China to open up its economy further, as global trade wars intensify
BEIJING: China will open up its economy further, and its door to the outside will only get wider, with foreign and domestic...
China provided Rs121 bn debt to Pakistan in first eight months
ISLAMABAD:Â China has given Rs121 billion debt to Pakistan in the first eight months of the current fiscal year 2017-18, it has been...
Govt fails to devise revival strategies for PSM, USC
ISLAMABAD:Â Although the Pakistan Tehreek-e-Insaf (PTI) leaders have been criticising the previous governments for "failing to devise a strategy to revive the loss-making...
SBP welcomes entry of non-banks in payment systems
KARACHI: State Bank of Pakistan (SBP) Deputy Governor Riaz Riazuddin said on Thursday the central bank is facilitating the entry of non-banks in the...