Tag Archives: State Bank of Pakistan

Qatar Pakistan first tranche UAE Saudi Arabia SBP State Bank of Pakistan

Pakistan gets first tranche of $500 million from Qatar

06 June, 2019 4:19 pm 4:19 pm

ISLAMABAD (92 News) – Pakistan on Saturday has received the first tranche of US $500 million from Qatar that will help to boost the foreign-exchange reserves of the country. According to details, the first installment of $500 million was deposited to the State Bank of Pakistan (SBP). The aid from Qatar will boost the foreign … Read More

SBP State Bank Of pakistan prize bond State bank of pakistan FBR Federal Board of Revenue

SBP directs to ban sale of Rs40,000 Prize Bond

06 June, 2019 3:34 pm 3:34 pm

Karachi (92 News) – The State Bank of Pakistan (SBP) has directed all the banks to ban the sale of unregistered Rs40,000 Prize Bonds from today (Tuesday, June 24). The expiry date for enchantments of these bonds is March 31, 2020 after that the bonds will become useless since they would no longer be included … Read More

SBP BPS policy rate state bank of pakistan

SBP increases policy rate by 150 bps to 12.25% effective from tomorrow

05 May, 2019 5:56 pm 5:56 pm

KARACHI (92 News) – State Bank of Pakistan has increased the policy rate by 150 basis points to 12.25 per cent on Monday (today). In a statement issued after the meeting of Monetary Policy Committee in Karachi today, the central bank said the new rate will be in effect from tomorrow. It said that economic … Read More

Bilawal Bhutto, PM Imran Khan, control, tongue

PPP decides to strongly oppose appointment of Dr Reza Baqir

05 May, 2019 9:49 pm 9:49 pm

ISLAMABAD (92 News) – The Pakistan Peoples’ Party PPP has decided to strongly oppose the appointment of Dr Reza Baqir as Governor State Bank of Pakistan (SBP). Speaking to the journalists in the parliament house on Monday, PPP Chairman Bilawal Bhutto Zardari said, “The government has lack of leadership. It seems the government is compromising … Read More

marvi marvi memon Chaudhry Nisar PML-N pakistan Muslim League-NState Bank of Pakistan Governor Tariq Bajwa marvi memon rain water drop of rain Tariq bajwa Marrvi memon

Marvi Memon declares Tariq Bajwa’s removal as first drop of rain

05 May, 2019 4:40 pm 4:40 pm

ISLAMABAD (92 News) – Pakistan Muslim League-N (PML-N) leader Marvi Memon on Sunday termed removal of Tariq Bajwa as governor of the State Bank, a first drop of rain. Responding to Tariq Bajwa’s removal, Memon in her tweet said, “Sacking Tariq Bajwa is first drop of rain and there are more persons exist in each … Read More

reza baqir prime imran khan ahmad mujtaba federal board of revenue state bank of pakistan

Reza Baqir appointed as SBP Governor

05 May, 2019 9:47 am 9:47 am

ISLAMABAD (92 News) – Government appointed Dr Reza Baqir as the governor of the State Bank of Pakistan (SBP).He has been appointed as SBP Governor for three years. Reza Baqir has previously served as Mission Chief of IMF in Romania. He was also serving as the Fund’s senior resident representative in Egypt. Meanwhile, the government … Read More

Finance, Minister, Asad Umar, decides, quit

Pakistan has decided principle to start IMF mission: Asad Umar

04 April, 2019 9:29 am 9:29 am

WASHINGTON (92 News) – Minister for Finance Asad Umar said that Pakistan has decided in principle to start IMF mission and the decision has been taken in the best interest of national economy. Speaking to the journalists in US, the minister said that the programme with the International Monetary Fund (IMF) would soon be completed … Read More

Pakistan China 2.1 billion $2.1 billion State Bank of Pakistan SBP Dr Khaqan Najeeb Finance MInistry Finance Ministry Spokesperson BoP

Pakistan receives $2.1 billion from China

03 March, 2019 5:40 pm 5:40 pm

ISLAMABAD (92 News) – Pakistan on Monday received 2.1 billion US dollar from China, which would ensure balance of payment stability. In a tweet, Finance Ministry’s Spokesman Dr Khaqan Najeeb confirmed that China deposited worth of RMB 15Bn equiv to $2.1Bn received in State Bank of Pakistan (SBP). “Deposit of RMB 15Bn equiv. to $2.1Bn … Read More