Pakistan’s exports to China increase by 40%
Pakistan’s export of goods and services to China witnessed an increase of 40.01 per cent during the first six months of the current fiscal year 2023-24.
Adil Aziz
SBP organizes art competition for new banknote designs
The State Bank of Pakistan (SBP) has been organizing an Art Competition to have innovative and thematic design ideas for the new series banknotes. “The State Bank of Pakistan has initiated the process for issuance of a new banknote series. To have innovative and thematic design ideas for the new series banknotes, an Art Competition is being organized.
SBP maintains policy rate at 22%
The State Bank of Pakistan maintained the policy rate at 22 percent while emphasizing on continued tight monetary policy stance and fiscal consolidation.
Editor
SBP to announce monetary policy on January 29
State Bank of Pakistan (SBP) will announce Monetary Policy on January 29 in a meeting of the Monetary Policy Committee.
President order to black listed bank fraudsters, directs banks returns amount to victims
President Dr Arif Alvi has asked the Banking Mohtasib to take up the matter of banking frauds with the State Bank of Pakistan (SBP) to get the essential standard operating procedures (SOPs) issued, so that the proven fraudulent personnel’s CNICs could be blacklisted, placed at the central negative list, besides ensuring that no banking/financial facility could be extended to them by the banking industry.
State Bank of Pakistan launches its Official WhatsApp Channel
The State Bank of Pakistan (SBP) has formally launched its WhatsApp channel. WhatsApp users can follow the verified SBP WhatsApp channel through the below provided link or QR code.
Pakistan goods export to China increase by 39.44%
Pakistan’s export of goods and services to China witnessed an increase of 39.44 per cent during the first five months of the current fiscal year 2023-24, according to the State Bank of Pakistan reported.
Mehfooz
Rising Trend of Digital Payment in Pakistan’s Retail Landscape
Quarterly Payment Systems Report for the quarter Q1 of FY-2023-24 is released by the State Bank of Pakistan, highlighting key advancements within the country’s payment ecosystem and providing an inclusive overview of digital transactional activities.
Banks to remain open on Saturday, Sunday for tax collection
The State Bank of Pakistan directed all banks to keep their branches open on Saturday and Sunday for collection of taxes, duties and other government receipts.
SBP releases annual report of 2022-23
The fiscal year 2023 was extraordinarily challenging, with a host of external and domestic shocks, amplified by lingering structural weaknesses, contributing to persistently high inflation amid a contraction in economic activities, according to Governor’s Annual Report (GAR) for fiscal year 2022- 23 released by the State Bank of Pakistan (SBP) today.