State bank keeps key policy rate unchanged at 22%
The State Bank of Pakistan (SBP) published its Monetary Policy 2023 on Monday and decided to keep the interest rate ...
Tag: SBP
Budgetary support: Govt borrows Rs500bn from banks in 2 weeks: SBP
During the first two weeks of this fiscal year (FY24), the cash-strapped federal government borrowed Rs 500 billion from scheduled ...
IMF takes behind-the-curve SBP to task over inflation
The International Monetary Fund (IMF) has slammed the State Bank of Pakistan (SBP) for failing to respond to the rise ...
SBP lifts all restrictions on imports to fulfil IMF condition
The State Bank of Pakistan (SBP) has abolished all import restrictions in order to meet another International Monetary Fund (IMF) ...
Auto industry lays off thousands as sales decrease by 70%
Thousands of people have been laid off in the automobile industry in recent months as a result of a drop ...
State Bank reserves decline by $72million
External loan repayments reduced the State Bank of Pakistan's (SBP) foreign exchange reserves by $72 million to $4.31 billion during ...
SBP releases $50 million for govt Hajj scheme
The Pakistani Hajj Mission in Saudi Arabia has received the first payment of $50 million from the State Bank of ...
Punjab elections: Last date for SBP to release funds
The State Bank of Pakistan (SBP) has until today to release funding for Punjab elections straight to the Election Commission ...
Supreme Court orders SBP to release funds for Punjab polls
According to sources, A Three-member Supreme Court bench voiced "annoyance" on Friday over the non-implementation of its ruling in the ...
Profit rates increased significantly on national savings schemes
In response to rising policy rates, the government has increased profit rates on all national savings systems (NSS) by significant ...
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