Federal Govt Debt Goes Up by 1.8% in November 2024
Domestic debt of central govt rises by 18.6% to over Rs 48 trillion in November 2024 Federal govt debt goes…
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Bank holiday announced on January 1, 2025 in Pakistan
The banks will remain closed for public dealing on Wednesday January 1, 2025. Bank holiday announced on January 1, 2025…
State Bank cuts policy rate by 200 bps to 13 percent
SBP committee highlights economic improvements, policy rate cuts to stabilize inflation State Bank cuts policy rate by 200 bps to…
SBP lowers policy rate by 2.5 percent as inflation eases
MPC noted that various developments since its last meeting that could have implications for the macroeconomic outlook. SBP lowers policy…
Pakistani rupee gains strength as IMF loan eases pressure
The State Bank of Pakistan (SBP) reported an increase in reserves following the first IMF loan tranche of $1.02 billion….
SBP to introduce plastic currency notes in Pakistan, Senate committee told
“The Rs 5,000 note will not be phased out and no such proposals are being considered.” The SBP governor said….
Pakistan petroleum import bill receives hike by 40%
The transport sector experienced a decrease in its import bill, down by 4.81% year-on-year to $147.78 million from $155.25 million…
Pakistan’s forex reserves inch up by $51.1 million
The SBP’s reserves have decreased by $236.2 million, or 2.52 per cent, since the start of the current fiscal year….
SBP cuts key policy rate by 100bps to 19.50pc
The decision has been taken amid a decline in the inflation rate, Jameel Ahmed said. KARACHI: State Bank of Pakistan…
State Bank announces 150 basis points cut in key policy rate
The State Bank noted that “real interest rates are still significantly positive, which is important for continuing to guide inflation…