Tag: sbp

SBP to announce monetary policy on April 29

KARACHI, Apr 26 (APP): State Bank of Pakistan (SBP) will announce Monetary Policy on April 29, 2024 following the meeting of Monetary Policy Committee. The central bank, in a statement issued here on Friday, announced that meeting of Monetary Policy Committee (MPC) of SBP will be held on April 29 to decide about the Monetary… Continue reading SBP to announce monetary policy on April 29

SBP to announce monetary policy on April 29

ISLAMABAD, Apr 26 (APP):The State Bank of Pakistan (SBP) will announce Monetary Policy on April 29 in a meeting of the Monetary Policy Committee (MPC). The MPC will meet on Monday, April 29 to decide about the Monetary Policy, a press release issued by SBP said. SBP will issue the Monetary Policy statement through a… Continue reading SBP to announce monetary policy on April 29

Current Account records surplus of $619 mln in March

ISLAMABAD, Apr 22 (APP): The current account has witnessed surplus of $619 million during the month of March 2024, State Bank of Pakistan (SBP) reported on Monday. Cumulatively the current account balance for July to March (2023-24) has improved significantly; as deficit of $0.5 billion was recorded during the period as compared to the deficit… Continue reading Current Account records surplus of $619 mln in March

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Finance Minister holds meeting with SBP Governor

ISLAMABAD, Mar 29 (APP): Minister for Finance and Revenue Muhammad Aurangzeb convened a significant meeting with the Governor of the State Bank of Pakistan (SBP), Jameel Ahmed during his visit to Karachi. The meeting was also attended by Chief Executive Officers (CEOs) and Presidents of various leading banks in Pakistan, said a press received here… Continue reading Finance Minister holds meeting with SBP Governor

SBP keeps policy rate at 22 per cent with emphasis on continued fiscal consolidation

KARACHI, Mar 18 (APP):State Bank of Pakistan (SBP), on Monday, cautiously decided to keep policy rate at 22 per cent on pretext of elevated inflation expectations that required continuity of the current monetary stance to bring inflation down. The Monetary Policy Committee (MPC) also emphasized on timely realization of planned external inflows along with continued… Continue reading SBP keeps policy rate at 22 per cent with emphasis on continued fiscal consolidation

Draw of Rs40,000 prize bond held

FAISALABAD, Mar 12 (APP):The 28th draw of prize bonds of Rs.40,000 denomination was held in State Bank of Pakistan (SBP) Faisalabad. Prizes of different values were announced for different numbers in this draw. Executive Members FCCI Shafique Hussain Shah and Maqsood Akhtar Butt represented the Faisalabad Chamber of Commerce & Industry (FCCI) during this draw… Continue reading Draw of Rs40,000 prize bond held

SBP Governor highlights potential of data utilization for economic growth

ISLAMABAD, Mar 6 (APP): Governor State Bank of Pakistan (SBP) Jameel Ahmad on Wednesday emphasized that the unprecedented volume of data generated by digital devices underscore the potential of effective data utilization in contributing to sustained economic growth, societal welfare, poverty reduction, and improved living standards across the diverse SAARC region. He said while inaugurated… Continue reading SBP Governor highlights potential of data utilization for economic growth

Governor SBP inaugurates 1st edition of Pakistan Financial Literacy Week

KARACHI, Mar 04 (APP):Governor State Bank of Pakistan (SBP) Jameel Ahmad, Monday, said that SBP fully recognizes access to financial services a fundamental right, and SBP’s mission is to empower every citizen by providing them with the tools and knowledge needed to participate fully in the economy. He was delivering his key note address via… Continue reading Governor SBP inaugurates 1st edition of Pakistan Financial Literacy Week

Lead Financial Sector Specialist in the Finance, Competitiveness and Innovation Global Practice, World Bank Group, Miquel Dijkman addressing during launching ceremony of Pakistan Financial Literacy Week at SBP.

APP20-040324 KARACHI: March 04 – Deputy Governors State Bank of Pakistan, Dr. Inayat Hussain and Saleemullah giving away Financial Literacy Awards to executive of winning bank at the launch of Pakistan Financial Literacy Week at SBP Auditorium.

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