ISLAMABAD: Pakistan’s import bill has declined by 19.14 percent to $4.5 billion in January 2019 as compared with $5.57 billion in the same month of the last year, according to official statistics released on Monday.
KARACHI: The volume of domestic debt has increased by 13.6 percent to Rs17,536 billion by end-December 2018 as compared with Rs15,437 billion in the same month a year ago, according to State Bank of Pakistan…
KARACHI: Pakistan’s foreign exchange reserves have increased by $83 million to $14.885 billion by week ended February 01, 2019 as compared with $14.802 billion a week ago, the State Bank of Pakistan (SBP) said on…
ISLAMABAD: Exchange rate losses have increased the public debt by around Rs1,200 billion, according to Fiscal Policy Statement 2018-2019 released by the Ministry of Finance.
KARACHI: State Bank of Pakistan (SBP) has issued procedure for investment in ‘Pakistan Banao Certificates’ by expatriate Pakistanis. The SBP issued the following procedure for investment in certificates: 1) Certificate Offering and…
ISLAMABAD: The headline inflation based on Consumer Price Index (CPI) has increased by 7.2 percent Year-on-Year (YoY) in January 2019, Pakistan Bureau of Statistics (PBS) said on Friday.
KARACHI: Pakistan’s foreign exchange reserves have increased by $1.545 billion for the week ended January 25, 2019 owing to foreign inflows from Saudi Arabia and UAE, State Bank of Pakistan (SBP) said on Thursday. …
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…
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…
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…
ISLAMABAD: Economic Coordination Committee (ECC) of the Cabinet on Tuesday allowed for raising Islamic Term Finance Facility of Rs200 billion for resolving circular debt issue.
KARACHI: The State Bank of Pakistan (SBP) on Tuesday stressed urgent need to initiate structural reform in the economy.