SBP

SBP governor says efforts under way to enhance flow of financial education

Benchmark index fell 0.8%, closed week at 49,556 points

More than two month ago, the central bank had made payments of $60 million

The director general debt gave a detailed briefing to the finance minister on debt management

Central bank governor says challenges remain on external front

Over three months ago, the SBP-held reserves had gone up 7.8% on a weekly basis

Spokesman says information sought from the two parties; concerns come amid security of national database

Debt taken in 2009 was rolled over annually with latest date set at Jan 23

The Netherlands comes on top with $462 million investment

Expected outlook not promising as reported by SBP report

SBP-held reserves had gone up 7.8% on a weekly basis

People having Benami assets will face property confiscation, up to seven-year jail term

A large number of bankers, traders, industrialists and exporters attended the seminar

NBP itself had filed complaint with FIA against its senior woman executive

Move comes days after Senate adopted a resolution to withdraw the Rs5,000 note

Participants were given a detailed briefing about the scheme

Rejects SBP’s assertion that Centre has no power to seize Benami assets

July-November tally, however, shows a year-on-year decline of 2.45%

The SBP’s liquid foreign exchange reserves dropped $221.6 million to $18,353.2 million

Decades-low interest rate could have encouraged credit demand by the sector

He also pledged support to increase the outreach of Islamic banking in Finance

Stresses need for implementing macroprudential policy framework

Pakistan is likely to be the third largest contributor to the additional world population during 2015-2050

Central bank needs to develop a tool to assess the deviation of rupee

The seminar was attended by the fish traders of Sukkur

Says CPI inflation, which rose to 4.2% in October 2016 from 1.6% in October 2015, is manageable

Central bank also objects to the confiscation of Benami properties by federal govt

Notes financial system has continued to function well

In terms of percentage increase in tax, K-P is best performer in 2016

Despite increase in property prices, share of taxes has declined

Experts believe deficit is mainly led by investments instead of consumption

Investments in power, communication and financial services sectors fall massively

The SBP’s liquid foreign exchange reserves dropped $55 million to $19,075 million

The amalgamated entity will operate with a combined network of 224 branches

Pakistan’s total liabilities increase to Rs19.9tr; domestic debt stands at Rs14.4tr

Over a month ago, the central bank made payments of $60 million

Gap between real interest rate and policy rate narrows to half a percentage point

SBP made payments of $137 million on account of external debt servicing and other official payments

Will be issued through exchange counters of all field offices

Reading has improved compared to first two months of FY17

Three and four weeks ago, the SBP made payments of $239 million and $296 million

Despite assurances, both provinces have failed to make deposit in SBP account

The increase in SBP’s reserves is due to proceeds of $102 million received from IMF

New coins will reach people in two weeks

Core inflation goes up 4.8%, the highest level in one and a half year

Spokesperson says central bank has already started receiving new coins from Pakistan Mint

PAC chief directs finance division to consolidate all claims

Commerce minister says economic and political outlook has improved

Inflation remains higher, but under control in first two months of FY17

Only $116,000 flew to the neighbour against inflow of $329,000 in FY16