State Bank of Pakistan

New guidelines of e-money institutions prepared with technical assistance of World Bank

Many research houses anticipate rise in policy rate while others expect no change

Timing of meeting crucial as central bank is to announce interest rate on Friday

Revises projection due to slowdown in agricultural growth, stabilisation measures

Increase comes on the back of inflows from UAE

Will educate entrepreneurs regarding subsidised bank financing facilities available

UAE is giving $2b at 3% interest while China to lend $2.1b at 2.5%; inflow will raise SBP reserves to $12b

State Bank says funds are expected to arrive shortly

Makes 53% higher borrowing to meet budgetary shortfall

State Bank of Pakistan says 6.2% GDP growth target seems unachievable

People involved in money laundering use legitimate trade to hide their transactions

SBP Governor says it will help address challenge of finding Shariah-compliant products

Senator Rehman Malik asks agency to submit report by December 22

Lawyer claims the SBP decision was based on United Nations’ list of suspicious persons

Says banks will be liable to compensate consumers in case of loss due to security breach

Sends questionnaire to all working individuals for scrutiny

Finance Minister implores the State Bank of Pakistan to review its digital payment policies

Crop yields in Pakistan are one of the lowest; research units sit idle

A three-member bench of the SC also ordered all documents pertaining to his appointment to be presented

Widening gap has given birth to import payment and debt repayment crisis

Poor economic outlook and interest rate hikes take toll on businesses

Timely moves in Sindh ahead of potentially difficult days will pay dividends

Market rumours suggest the move is part of IMF’s conditions for another bailout package

Will extend loans to low- and middle-income groups; shareholders’ agreement signed

Saudi Arabia remained largest source with $427.62 million

Report blames central bank again for ‘irregularities’ in amalgamation

To set things right and improve the country’s external account, currency depreciation was deemed unavoidable

Poverty and unemployment are one of the biggest challenges which we are facing, says SBP Director

Says EU extended GSP Plus after admitting that Islamabad took steps to eliminate terror financing

Presents draft before Senate panel to limit tax-free inflow of remittances to Rs10m a year

Overall, overseas Pakistani workers remitted $11.383b in seven months of ongoing fiscal year

Bajwa said agriculture, SMEs, low-cost housing are three major sectors contributing to Pakistan's economy

The real estate sector has a tendency to experience a boom with the rupee depreciation if foreign investments increase

The governor underscored the significance of its smooth implementation and successful execution

Technical training of the service delivery organisations would also be undertaken through this project

Addition to budget deficit is twice what was reported in first quarter

In January, SBP made $500-million loan repayment to State Administration of Foreign Exchange (SAFE), China

Interest earned on lending to govt increased by 14%, says central bank

Chinese investments continue to pour in, stand at $430m

Govt had signed eight loan deals without cabinet’s approval, violating rules of business

Report highlights possible pressure on external and fiscal accounts in election year

All calls relating to consumer grievances against banks will be entertained at this number

It accuses SBP officials of giving undue favour to BankIslami

Central bank projects GDP growth to reach 6% based on current estimates of agriculture sector

May acquire 40% stake in the microfinance bank for $100 million

Pakistan posted higher-than-expected deficit of $12.1b in FY17

Believes country needs early policy action to tackle external, fiscal imbalances

Eidul Azha cited as major factor behind 27% month-on-month jump in remittances

Next phase of refunds with claims of more than Rs1m on the cards

Individuals can now take Rs10,000 in cash abroad, up from Rs3,000