The State Bank of Pakistan is the central bank of Pakistan. While its constitution, as originally laid down in the State Bank of Pakistan Order 1948, remained basically unchanged until January 1, 1974, when the bank was nationalized, the scope of its functions was considerably enlarged. Read More
Lambasting the new bill in Pakistan's National Assembly, the country's former Finance Minister Miftah Ismail said that with the government's unveiling of a new amendment bill the State Bank of Pakistan (SBP) has "now become the State Bank of IMF." ...
Amid high inflation in the country, a new report revealed that the Pakistani rupee is expected to fall further against the US dollar next week, local media reported on Sunday. ...
The Pakistani rupee continues to fall against the US dollar and on Friday it touched a fresh low record of Rs 178 to the greenback, reported local media. ...
Pakistan's public debt increased by 4 per cent at the end of October 2021, the central bank data showed on Monday, and analysts said that rising interest rates is likely to drive debt servicing cost higher in months ahead. ...
An United Arab Emirates-based trading and investment firm has filed a lawsuit worth around Rs 74 billion against the State Bank of Pakistan (SBP) and a private bank, local media reported. ...
Pakistani Finance Adviser Shaukat Tarin has said that IMF gave Pakistan a list of five major prior actions for the resumption of its six billion dollars Extended Fund Facility (EFF), local media reported. ...
Pakistan's exports to India plunged 90.4 per cent to USD 0.099 million this year from USD 1.035 million in Financial Year 2021, according to latest data released by the State Bank of Pakistan (SBP). ...
The due legislation procedure was bypassed in haste for the State Bank of Pakistan (SBP) Amendment Bill that has landed the International Monetary Fund programme in Pakistan into deeper controversy, reported The News International. ...
