Pakistan IMF

IMF tightens oversight of Pakistan’s forex market under bailout programme

IMF seeks extensive daily and monthly exchange market data from SBP to strengthen transparency and monitor currency operations The International Monetary Fund (IMF) has intensified oversight of Pakistan’s foreign exchange market under the country’s ongoing bailout programme, requiring the State Bank of Pakistan (SBP) to provide extensive daily and monthly data on currency market operations.

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State Bank of Pakistan Report

SBP opens door for Google, Meta payments through new digital services framework

New rules allow local intermediaries to process payments for global tech firms under regulated cross-border remittance system The State Bank of Pakistan (SBP) has introduced a new regulatory framework enabling Pakistani companies to act as intermediaries and aggregators for global digital service providers, including Google LLC, Meta Platforms Inc., Microsoft Corporation and Oracle Corporation.

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