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Pakistan’s August remittances hit $2.66 billion

10 Sep 2021

Workers’ remittances continued their strong trend, reaching $2.66 billion in August 2021, State Bank of Pakistan (SBP) reported on Friday. This is the sixth consecutive month when inflows recorded around...

Govt to launch ‘Roshan Apna Ghar’ plan for expats

26 Aug 2021

Tariq Butt / NNI The State Bank of Pakistan (SBP) is launching a new product “Roshan Apna Ghar” for non-resident Pakistanis for acquisition of property in Pakistan. “Non-resident Pakistanis can...

PSB jubilant over record $29.4b remittances sent by overseas Pakistanis

13 Jul 2021

Gulf Today Report The amount sent by overseas Pakistani workers during July-June (2020-2021) posted a historic annual high of $29.4 billion, showing an increase of 27 per cent when...

Pakistan imports from UAE up by 3.72 per cent to $6.2 billion

06 Jul 2021

Pakistan has imported $6.2 billion worth of goods against the imports of $5.1 billion last year from the United Arab Emirates, showing an increase of 3.72 per cent. The State...

Pakistan PM directs SBP, NBP to facilitate housing loan applicants

30 Mar 2021

Prime Minister Imran Khan while taking notice of difficulties facing the applicants, instructed the State Bank of Pakistan (SBP) and National Bank of Pakistan (NBP) to facilitate those applying for...

SBP keeps interest rate unchanged at 7 per cent

23 Jan 2021

The State Bank of Pakistan (SBP) has announced its bi-monthly monetary policy on Friday and decided to maintain its policy rate at 7 per cent, according to a statement issued...

Pakistan CB keeps main policy rate unchanged at 7 per cent

23 Nov 2020

Pakistan has kept its main policy rate unchanged at 7 per cent, the central bank said on Monday, as consumer price index inflation remained close to 9 per cent. It...

Pakistan’s economy on course for recovery despite virus woes: SBP

22 Nov 2020

The State Bank of Pakistan (SBP) said that following the difficult but necessary stabilisation efforts during the first nine months of the fiscal year 2019-20, the country’s economy was well...

Experts welcome SBP interest rate cut by 2 per cent

17 Apr 2020

Financial experts have welcomed the State Bank of Pakistan’s (SBP) decision to slash interest rate. SBP on Thursday cut its key interest rate by two per cent. The new rate...

SBP allows importers to advance payments

27 Mar 2020

State Bank of Pakistan (SBP) allowed importer to advance payment and open account without any limit for the import of medical equipments, medicines and other ancillary items for the treatment...

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