The State Bank of Pakistan (SBP) is launching a new product “Roshan Apna Ghar” for non-resident Pakistanis for acquisition of property in Pakistan.
Workers’ remittances continued their strong trend, reaching $2.66 billion in August 2021, State Bank of Pakistan (SBP) reported on Friday.
Murtaza Syed, an "eminently qualified economist with rich IMF experience", takes over at the end of the three-year term of incumbent Reza Baqir, Finance Minister Miftah Ismail said on Twitter.
The Pakistani central bank had been without a full-time governor since May and one of Ahmad's first tasks will be to chair a monetary policy meeting to consider its policy rate.
Pakistan’s central bank on Monday kept its key policy rate unchanged at 15 per cent at a scheduled meeting of its monetary policy committee, the bank said in a statement.