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.
Mehfooz
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.
Pakistan’s Current Account Surplus Hits $1.9 Billion in 10 Months of FY25
The Current Account for the month of April 2025 recorded a surplus of $ 12 million in comparison to a surplus of $ 1.20 billion in March 2025 and a surplus of $ 315 million in April 2024, the State Bank of Pakistan (SBP) reported on Friday.
Editor
RDA inflows rise to $10.180 Billion in April 2025
The inflow of remittances under Roshan Digital Account (RDA) has risen to US $10.180 billion by the end of April 2025 as compared to US $10.003 billion by March (2025) end.
State Bank of Pakistan Secures $1.023 Billion from IMF
The State Bank of Pakistan received the second tranche of US$ 1.023 billion (SDR 760 million) from International Monetary Fund (IMF) under the Extended Fund Facility (EFF) program.
Roshan Digital Accounts Surge Past 0.8 Million
The total number of Roshan Digital Accounts (RDA) has crossed 0.8 million with the addition of 8092 new accounts in March 2025 while the volume of funds received in RDA so far surpassed the $ 10 billion mark.
SBP cuts interest rate from 100 bps to 11%
During March and April, inflation saw a significant decline, driven primarily by a reduction in administered electricity prices and a continued downtrend in food inflation. Additionally, core inflation eased in April, largely due to a favorable base effect amid moderate demand conditions, as noted by the Monetary Policy Committee.
Adil Aziz
State Bank of Pakistan Expected to Lower Rates in Upcoming Decision
The State Bank of Pakistan (SBP) is set to announce a significant policy adjustment on May 5, with an expected interest rate cut to 11.5%.
Pakistan’s Financial Success—Current Account Surplus & Deficit at Lowest Since FY05
According to the State of Pakistan’s Economy, Half Year Report FY25, released today by the State Bank of Pakistan (SBP). The report noted that headline inflation fell sharply, the current account balance turned into a surplus, and the fiscal deficit was contained to the lowest level since FY05.
SBP Report Highlights Financial System’s Resilience and Steady Performance
The Review highlights that macroeconomic conditions improved considerably during CY24, as reflected by receding inflationary pressures and consequent significant monetary easing, fiscal consolidation, stable rupee-dollar parity, pick-up in economic activity, and improved external account balance. In this backdrop, financial sector—growing by a decent pace of 17.8 percent—maintained its operational and financial resilience during CY24.