SBP

Ministry of Finance says State Bank of Pakistan ‘facilitated speculative behaviour’ of commercial banks

It'll cover all types of employees including permanent, daily wagers as well as outsourced workers, says central bank

Government adds nearly Rs6tr in one year and situation is likely to worsen

Medical centres will get financing against existing equipment

Zarkoon added that the interest rate on loans on the importation of medical equipment from abroad is low

Banks instructed to quarantine all cash being collected from hospitals, says official statement

SBP instructs banks to waive all charges on fund transfers through online banking channels such as IBTF

Move aimed at reducing need to visit bank branches or ATMs

Move in line with expectations due to low inflation outlook, combating virus impact on economy

The current market volatility in Pakistan is externally driven, says SBP Governor Reza Baqir

Currency dealers meet SBP high-up to discuss issue

PTI govt to hand over role of tax refunds to State Bank of Pakistan

World is now likely to avoid concentration of industries in one country

Liquid foreign currency reserves held by the country, including net reserves held by banks, stood at $18,869 million

SBP Governor Reza Baqir tells PAC people do not want to come in tax net

Will allow central bank to stop printing money for budgetary financing

State Bank will try to cut rate slowly to avoid capital outflow

Standards for import of agri-products are likely to be more restrictive in face of deadly virus

ECC likely to give approval for A$40.1m investment in Australian mill

Upbeat outlook on back of technological advancement, reduced cost of repatriating funds

This would also enable freelancers to expand their businesses

Finance panel finds most of legal amendments in violation of constitution

Failure to boost tax collection, exports is pushing govt to continue to borrow

SECP, SBP must work together to ensure collective surveillance of these sales

They pointed out that there was $35 million border trade between Turkey and Iran

Central bank cites no reason for increase in reserves

Finance ministry says other factors to blame for 40% increase in debt

There is a tacit admission by the Governor that hot money flows are like a fair weather friend

Availability of working capital at such high rate led to a growing disinterest of business community in bank borrowing

Says Pakistan to miss projected economic growth rate of 3.5% due to poor crops production in 2019-20

Central bank is due to announce monetary policy statement today

Central bank cites no reason for increase in reserves

Former central bank governor calls for legally defined mechanism for using foreign exchange reserves

External debt peaks at 159% of total reserves at the end of last fiscal year

SBP governor says fundamental improvement needs to come from structural reforms beyond exchange rate

Govt added Rs5.7tr in one year as revenues fell short of expenditures

Macroeconomic stabilisation policies spark supply, demand-side pressures

Move will encourage investment in long-term debt securities

SBP has 90% shares in HBFC; their sale will pave way for company’s privatisation

Increase attributed to bilateral, multilateral inflows including $452.4m from IMF

SBP governor assures private sector of more facilities

Central bank defends investment, saying it poses limited risk

Governor State Bank of Pakistan says tough part is over for Pakistan

Reza Baqir cites low savings rate as major reason for balance of payments problem

Move to support manufacturing sector by easing restrictions

Says country’s start-up tech and fintech ecosystems have made notable progress

Central bank cites no reason for the increase

Stresses policy rate cannot be cut at a time of high inflation

Central bank cites no reason for the increase

Calls for legal amendments for automatically increasing electricity prices