SBP forecasts subdued growth with high inflation

KARACHI: State Bank of Pakistan (SBP) on Monday forecast subdued GDP growth with high inflation for the current fiscal year. Read more »

Pakistan’s forex reserves increased by $149.7 million to $15.142 billion

KARACHI: The total liquid foreign exchange reserves have increased by $149.70 million to $15.142 billion by week ended October 11, 2016 as compared with $14.992 billion a week ago, State Bank of... Read more »

Pakistan among top 10 improvers in World Bank’s ease of doing business

ISLAMABAD: The World Bank on Thursday said that the enactment of six regulatory reforms has landed Pakistan among the world’s top 10 business climate improvers. Read more »

FATF gives Pakistan four months to comply with action plan

ISLAMABAD: Financial Action Task Force (FATF) on Friday set a deadline of four months for Pakistan to improve action plan against laundering and terror financing. Read more »

NAB establishes AML/CFT cell

ISLAMABAD: National Accountability Bureau (NAB) on Thursday established Anti-Money Laundering (AML)/ Combating the Financing of Terrorism (CFT) cell at the bureau. Read more »

Pakistan’s weekly foreign exchange reserves increase by $149.7 million

KARACHI: The total liquid foreign exchange reserves of the country have increased by $149.7 million to $15.142 billion by week ended October 11, 2019 as compared with $14.992 billion a week ago,... Read more »

Foreign investment grows by 51pc during first quarter

KARACHI: The total inflow of foreign private investment increased by 51 percent growth during first quarter (July-September) of 2019/2020, State Bank of Pakistan (SBP) said on Thursday. Read more »

Pakistan’s exchange rate reflecting actual economic conditions: IMF

KARACHI: International Monetary Fund (IMF) on Wednesday said that exchange rate in Pakistan reflecting actual economic conditions. Read more »

SECP registration reaches to 105,407 companies

ISLAMABAD: The total number of registered companies with Securities and Exchange Commission of Pakistan (SECP) has topped at 105,407 with addition of 1,392 new companies in September 2019, according to a statement... Read more »

Significant decline in import bill sharply narrows trade deficit by 35 percent in first quarter

ISLAMABAD: Significant decline in import bill helped to sharply narrow the trade deficit by 35 percent during first quarter of current fiscal year, according to data released Pakistan Bureau of Statistics (PBS)... Read more »

Financial institutions report 219 suspicious transactions since AML/CFT regulatory framework launch: SECP

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has said around 219 Suspicious Transactions Reports (STRs) have been generated by financial institutions since launch of its Anti-Money Laundering (AML)/Counter Financing Terrorism... Read more »