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KARACHI: State Bank of Pakistan (SBP) on Thursday decided to further increase key policy rate by 25 basis points to 10.25 percent for next two months effective from February 01, 2019 on concerns over increase in inflation.
(more…)KARACHI: The State Bank of Pakistan (SBP) in its report on Tuesday highlighted opportunities and challenges for Pakistan in ongoing tensions between the US and China, which have contributed to big swings in key commodity prices and has added uncertainty to the global trade dynamics.
(more…)KARACHI: A significant share of the unreported gains finds its way to the country’s property market, which is characterized by low regulatory oversight and absence of concrete know-your-customer requirements, State Bank of Pakistan (SBP) said on Tuesday in a report.
(more…)KARACHI: The State Bank of Pakistan (SBP) highlighted the critical need for immediate structural reforms in the country’s economy in its report on the State of Pakistan’s Economy for the first quarter of Fiscal Year 2018/2019, released on Tuesday.
(more…)The State Bank of Pakistan (SBP) has reported a substantial increase of 58 percent in the repatriation of profits and dividends by foreign companies operating in Pakistan during the first half of the current fiscal year.
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The eagerly anticipated first meeting of the reconstituted Ninth National Finance Commission (NFC) is scheduled to take place today, with discussions focusing on the current fiscal position of the country.
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SBP’s forex reserves have depleted by $265 million to reach $6.636 billion, according to official data released on Thursday.
(more…)The current account deficit (CAD) has significantly narrowed by 4.43 percent during the first half of the current fiscal year.
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