Government borrowing rises sharply in FY26
State Bank of Pakistan on Monday reported that government borrowing from commercial banks surged to Rs3.45 trillion during the first 10 months (July-April) of fiscal year 2025-26.
(more…)Tag: State Bank of Pakistan
Get the latest State Bank of Pakistan (SBP) news, monetary policy updates, exchange rates, banking regulations, and economic insights.
-
Pakistan receives $3.5 billion remittances in April 2026
State Bank of Pakistan on Monday announced that Pakistan received $3.5 billion in workers’ remittances during April 2026.
(more…) -
SBP extends CIF oil import relaxation till July 10, 2026
KARACHI, May 7, 2026 — The State Bank of Pakistan (SBP) has extended the deadline for allowing crude oil and petroleum imports on cost, insurance and freight (CIF) basis until July 10, 2026, according to a notification issued on Thursday.
(more…) -
Pakistan weekly forex reserves inch up by $25 million
KARACHI, May 7, 2026 – Pakistan’s foreign exchange reserves posted a modest increase of $25 million during the week ended April 30, the central bank said on Thursday, supported by stable inflows and improving external sector expectations.
(more…) -
SBP Updates on Riba-Free Banking Conversion in Pakistan
KARACHI, May 5, 2026 – The State Bank of Pakistan (SBP) has shared progress on Pakistan’s transition toward a Riba-free banking system in line with the landmark judgment of the Federal Shariat Court (FSC).
(more…) -
Banks Flourish on Back of Government Securities: SBP
KARACHI, May 5, 2026 – Pakistan’s banking sector posted strong growth in 2025, largely driven by increased investments in government securities, according to the latest report by the State Bank of Pakistan (SBP).
(more…) -
SBP Ready to Take Measures to Address Risks Amid Middle East Conflict
KARACHI, May 5, 2026 – Governor Jameel Ahmad said the State Bank of Pakistan (SBP) is fully prepared to take necessary measures to safeguard financial stability amid risks arising from the ongoing Middle East conflict.
(more…) -
SBP Imposes Rs265,000 Monetary Penalty on Bank Makramah
KARACHI, May 5, 2026 – The State Bank of Pakistan (SBP) has imposed a monetary penalty of Rs265,000 on Bank Makramah Limited for regulatory violations during the first quarter (January–March) of calendar year 2026.
(more…) -
SBP sets 15-day deadline for housing loan approvals under Apna Ghar scheme
KARACHI, April 28, 2026 — The State Bank of Pakistan (SBP) has introduced new guidelines to accelerate housing loan approvals, directing banks and financial institutions to process applications within a maximum of 15 working days under the government-backed Apna Ghar housing initiative.
(more…) -
Banks, PSX to remain closed on May 1 for Labour Day
KARACHI, April 28, 2026 – Pakistan’s central bank said on Tuesday that all commercial banks and financial institutions will remain closed on Friday, May 1, in observance of Labour Day, a public holiday marked across the country.
(more…)