Tag: sbp governor

Debt repayments on track, foreign reserves to increase in 2nd half: SBP Governor

ISLAMABAD, Dec 08 (APP): All debt repayments are on track and country’s foreign exchange reserves are expected to increase in second half of the current fiscal year, said Governor State Bank of Pakistan (SBP), Jameel Ahmad. In the latest episode of the SBP Podcast series, Governor SBP discussed in detail the country’s capacity to meet… Continue reading Debt repayments on track, foreign reserves to increase in 2nd half: SBP Governor

SBP governor terms I-SAAF scheme a game changer for SMEs

MULTAN, Dec 21 (APP):State Bank of Pakistan (SBP) Governor Dr Reza Baqir has said that Asaan Finance Scheme (I-SAAF) will be a game changer in enhancing access to finance to SMEs as it addresses the long outstanding challenge of lack of collateral faced by them. Speaking at Islamic SME Asaan Financing (I-SAAF) Scheme at Multan… Continue reading SBP governor terms I-SAAF scheme a game changer for SMEs

SBP Governor for working groups on taxation issues

KARACHI, Mar 31 (APP): Governor, State Bank of Pakistan (SBP), Dr. Reza Baqir on Wednesday recommended the formation of working groups to address specific issues related to taxation in digital financial services, integration of government agencies with Raast system and the availability of seamless internet connectivity across Pakistan. State Bank of Pakistan organized fourth Stakeholders’… Continue reading SBP Governor for working groups on taxation issues

SBP keeps interest rate unchanged at 7%

KARACHI, Sep 21 (APP): State Bank of Pakistan on Monday decided to keep its policy (interest) rate unchanged at 7 percent till next meeting of its Monetary Policy Committee scheduled after two months. SBP’s MPC in its meeting noted that compared to the time of its last meeting in June 2020, business confidence and the… Continue reading SBP keeps interest rate unchanged at 7%

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