Financial Inclusion and Stable Economic Policies Key to Growth, Says SBP Governor at We Finance Code Debut
Governor State Bank of Pakistan (SBP), Mr. Jameel Ahmad said that SBP is fully committed to undertake structural reforms and lay the foundation for sustainable and inclusive economic growth. He was speaking at the launch ceremony of Women Entrepreneurs Finance Code in Karachi organized jointly by SBP and the Asian Development Bank (ADB). Governor Jameel…
Pakistan to Empower 2 Million Women with $350M ADB Support
The Asian Development Bank (ADB) has announced $350 million in funding for the second phase of the Women-Inclusive Finance Sector Development Program in Pakistan.
SECP Forms Panel to Improve Investor Onboarding in Capital Markets
The Securities and Exchange Commission of Pakistan (SECP) has constituted a Committee to evaluate the existing account opening process with the intermediaries in capital markets, identify pain points, recommend improvements in existing processes and regulatory framework to make the account opening process more time efficient and customer-friendly.
Pakistan Signs Major $1B Loan Agreement for 5 Years
The Ministry of Finance has signed a syndicated term finance facility of $1,000 million partially guaranteed by a Policy Based Guarantee of the Asian Development Bank’s (ADB) Program “Improved Resource Mobilization and Utilisation Reform”.
Pakistan’s Current Account Surplus Hits $1.8 Billion in FY25
Pakistan’s External Current Account Balance recorded a surplus of US$ 1.812 billion during July to May 2024-25 as compared to a deficit of $ 1.572 billion during the first 11 months of previous fiscal year.
SBP’s Monetary Policy Committee Holds Interest Rate unchanged
The State Bank of Pakistan (SBP) has decided to keep the policy rate unchanged at 11% in its latest Monetary Policy Committee (MPC) meeting on June 16, 2025.
SBP’s Upcoming Monetary Policy Shift: What to Expect on June 16
The State Bank of Pakistan will announce Monetary Policy on June 16 in a meeting of the Monetary Policy Committee (MPC).
Pakistan’s foreign reserves surge to $16.65 Billion
The total liquid foreign reserves of Pakistan surged to US$ 16,648.5 million as of May 16 while the reserves held by the State Bank of Pakistan increased to $ 11,446.5 million.
SBP issues the Guidelines for the Regulatory Sandbox
The Regulatory Sandbox will enable the participants to test their products and the associated operational models around innovative ideas and technologies. The Sandbox will also help SBP in refining and upgrading the regulatory environment in line with the evolving innovative technologies.
State Bank Drives Digital Payments for Eid-ul-Azha
The State Bank of Pakistan (SBP) has initiated a nationwide “Go Cashless” campaign to promote digital payments and reduce reliance on cash transactions within cattle markets during the upcoming Eid-ul-Azha.