State Bank of Pakistan

Expects digitisation in collections and payments following completion of project

Central bank cites no reason for improvement

State Bank of Pakistan's annual report keeps Pakistan's GDP growth projection at 3-4%

Prime objective of framework is to strengthen trade related AML/CFT regime and conserve foreign exchange

Central bank cites no reason for improvement

Reza Baqir says bold measures taken in recent past were painful but necessary

Reza Baqir says heavy reliance on cash hinders financial, economic development

New policy will allow PayPak to process transactions in Pakistan

Says high foreign currency reserves critical for avoiding lender in future

NayaPay to enable citizens to open e-money accounts for digital payments

Increase is directly linked with the vexed question of ensuring independence of Central Bank from political meddling

Disbursements picking up following signing of IMF loan programme

Special panel questions policy that is fuelling inflation instead of curbing it

Anticipation comes due to lower-than-expected inflation reading for Aug

Structural reforms have helped create a buffer for dealing with unexpected events

Cites no reason for increase in forex reserves

Fiscal and Monetary Policies Coordination Board suggests a ‘regulated policy rate’

'Over Rs194 billion worth of prize bonds were yet to be encashed'

Overall, domestic debt has increased to Rs20.7 trillion, or 26.3% more than the previous fiscal year

SBP governor says decisions taken have started bearing fruit

Farmers could not increase production due to water scarcity in FY19

They will focus on countries from where remittances stay low

Policymakers must focus on increasing global competitiveness of domestic firms

Scheme fails to yield results; around 600 expats invest mere $26 million

Say uncertainty, lack of clear policy will hamper industrialisation efforts

Drop comes mainly due to higher remittances, lower imports in FY19

SBP has already raised interest rate by 575bps since May 2018

Surge comes on back of improved economic activities, jobs in UK, US

ThOther state units not similarly large also need a constant pumping of cash to keep running their affairs

The real issue is the growing trust deficit between the people and the PTI government

Central bank also cited amnesty scheme deadline as another reason which has now been extended to July 3

These prize bonds will not be encashed or redeemed after March 31, 2020

Decline comes on back of reduction in imports, growth in remittance inflows

Committee’s response comes as government fails to satisfy concerns of legislators

Reza says rupee depreciation, interest rate hike help stabilise economy

Dr Reza Baqir addresses news conference in Karachi

Fresh plunge comes amid mounting import payment and foreign debt repayment pressure

Fall comes due to international payment pressure

The decline in reserves was attributed to payments on account of external debt servicing

May attract global fund managers but it will be at the cost of economy

Fund has been conceived and approved without involvement of SECP

It made the hefty borrowing against the target of Rs600b for the auction

Gap narrows due to drop in imports, rise in worker remittances

Foreign investors invested $1.37b in Jun-Apr FY19 compared to $2.84 last year

Increase comes on back of continued double-digit growth in spending

Unless structural reforms are undertaken, the debt cycle will perpetuate

Baqir’s immediate responsibilities will be to roll out policies set out by the IMF

Decision aimed at giving much-needed boost to exports

Decision would badly impact commercial banks' earnings

Inflows from China cited as the reason for the increase