BEIJING, Jan. 9 (APP): Prime Minister Imran Khan was expected to launch the first phase of Pakistan’s Instant Payments System, State Bank of Pakistan (SBP) Governor Dr Reza Baqir has said recently while steering the third nation-wide stakeholders’ meeting on Digital Financial Services. “This move demonstrates that Pakistan is accelerating digitization of the country, which… Continue reading Digital economy a great hope for Pakistan’s development: Cheng Xizhong
Tag: sbp
China remains top importer, traded products over $4523 mln in 5 months
ISLAMABAD, Jan 04 (APP): China topped the list of countries from where Pakistan imported different products during the first five months of the current fiscal year (2020-21), followed by United Arab Emirates (UAE) and Singapore. The total imports from China during July-November (2020-21) were recorded at $4523.671 million against the $4025.183 million during July-November (2019-20),… Continue reading China remains top importer, traded products over $4523 mln in 5 months
SBP organises Quaid Day women hockey match
By Sohail Ali LAHORE, Dec 28 (APP): The Sports Board Punjab (SBP), on the directions of Director General Sports Punjab Adnan Arshad Aulakh, organised an exhibitory women hockey match in connection with the birth anniversary of Quaid-e-Azam and Christmas Day at National Hockey Stadium, here on Monday. SBP Director Admin Javed Chohan was the chief… Continue reading SBP organises Quaid Day women hockey match
ECC approves issuance of $500 mln Eurobonds to finance Diamer Basha, Mohmand dams
ISLAMABAD, Dec 24 (APP): The Economic Coordination Committee (ECC) of the Federal Cabinet Thursday approved the Ministry of Water Resources’ proposal in principle for the issuance of WAPDA’s debut $500 million Eurobonds to arrange finances for Diamer Basha and Mohmand dams. The ECC, which met with Federal Minister for Finance and Revenue Dr Abdul Hafeez… Continue reading ECC approves issuance of $500 mln Eurobonds to finance Diamer Basha, Mohmand dams
Two matches decided in SBP U17 hockey tournament
Sohail Ali LAHORE, Dec 24 (APP): Two more matches were decided on the second day of SBP Hi-Tech Under-17 Boys Hockey Tournament at National Hockey Stadium ground-2 on Thursday. For hockey Olympians Tauqeer Dar, Tahir Zaman, Khalid Hameed, international player Azfar Yaqoob and other officials were also present at the ground. Four top hockey academy… Continue reading Two matches decided in SBP U17 hockey tournament
SBP Hi-Tech Under-17 Boys Hockey Tournament begins
By Sohail Ali LAHORE, Dec 23 (APP): SBP Hi-Tech Under-17 Boys Hockey Tournament got underway here at National Hockey Stadium ground-2 on Wednesday. Director General Sports Punjab Adnan Arshad Aulakh inaugurated the event whose final will be played till December 26. The teams from all top hockey academies are featuring in the 4-day tournament. The… Continue reading SBP Hi-Tech Under-17 Boys Hockey Tournament begins
“Remarkable turnaround” of economy despite pandemic: PM
ISLAMABAD, Dec 22 (APP): Prime Minister Imran Khan on Tuesday said Pakistan’s economy was making a “remarkable turnaround’ with November showing a current account surplus of $447 million. “MashaAllah, despite COVID-19, great news on economy – remarkable turnaround,” the Prime Minister said in a tweet. MashaAllah despite Covid 19 great news on economy – remarkable… Continue reading “Remarkable turnaround” of economy despite pandemic: PM
SBP launches consultation to increase financial inclusion of women
KARACHI, Dec 21 (APP):State Bank of Pakistan has launched a national dialogue on its forthcoming policy to reduce the gender gap in financial inclusion to address one of the key challenges hindering economic growth of the country to its full potential. SBP’s Governor, Dr. Reza Baqir hosted a webinar titled “Launch of Consultation on Banking… Continue reading SBP launches consultation to increase financial inclusion of women
DG SBP distributes prizes among archery players
By Sohail Ali LAHORE, Dec 21 (APP):Director General Sports Board Punjab (SBP) Adnan Arshad Aulakh distributed prizes at the archery event of Deputy Commissioner Lahore Games here on Monday, at the Archery Centre, Nishtar Park Sports Complex. Director Sports Hafeez Bhatti, President Punjab Archery Association Malik Imran Liaqat, Treasurer Ch Kishwar Abbas, District Sport officer… Continue reading DG SBP distributes prizes among archery players
SBP finalizes all arrangements for SBP U-17 Hockey Tournament
By Sohail Ali LAHORE, Dec 21 (APP):Sports Board Punjab has finalized all preparations and arrangements for SBP Hi-Tech Under-17 Boys Hockey Tournament being played from December 23 at National hockey stadium. The teams from all top hockey academies will feature in the 4-day tournament which is definitely a golden opportunity for young hockey players to… Continue reading SBP finalizes all arrangements for SBP U-17 Hockey Tournament
SBP moves on dialogue to reduce gender gap in financial inclusion
KARACHI, Dec 19 (APP):State Bank of Pakistan will hold a webinar on ” Consultative Launch of Banking on Equality policy: Reducing the Gender Gap in Financial Inclusion on Monday to initiate a national dialogue on women’s financial inclusion. The webinar , scheduled to start 1730 hours , will be shown live on State Bank’s Facebook… Continue reading SBP moves on dialogue to reduce gender gap in financial inclusion
Inclusive society must ensure financial participation of women in mainstream of economy: President
ISLAMABAD, Dec 18 (APP):President Dr Arif Alvi on Friday said that an inclusive society must ensure financial participation of women in the main stream of economy. “Empowerment is meaningless if women are deprived of inheritance, have limited access to loans, communication & employment or if they feel insecure in society,” he said in a tweet… Continue reading Inclusive society must ensure financial participation of women in mainstream of economy: President
Commercial banks start disbursing house loans through 7,700 branches across country, PM told
ISLAMABAD, Dec 17 (APP): Prime Minister Imran Khan was told on Thursday that commercial banks had started disbursement of house loans to the poor and middle class people on easy installments through their 7,700 branches across the country. The prime minister, who was chairing the weekly meeting of the National Coordination Committee for Housing, Construction… Continue reading Commercial banks start disbursing house loans through 7,700 branches across country, PM told
Two matches decided in Lahore Division Hockey (Women) Tournament
By Sohail Ali LAHORE, Dec 17 (APP): Two matches were played on the second day of 3-day Lahore Division Hockey (Women) Tournament 2020 here at National Hockey Stadium on Thursday. Four teams – Lahore Green, Lahore White, Lahore Red and Lahore Blue are participating in the 3-day Lahore Division Hockey (Women) Tournament 2020 being organized… Continue reading Two matches decided in Lahore Division Hockey (Women) Tournament
SBP Governor lauds NAB’s corruption elimination efforts
ISLAMABAD, Dec 17 (APP): Governor State Bank of Pakistan Dr Reza Baqir on Thursday met with NAB Chairman Justice (Retd) Javed Iqbal and lauded corruption elimination efforts of National Accountability Bureau (NAB). According to NAB spokesman, Justice (Retd) Javed said elimination of corruption and recovery of looted money was priority of the bureau. Bureau firmly… Continue reading SBP Governor lauds NAB’s corruption elimination efforts
Govt managing debt with discipline: Finance Ministry
ISLAMABAD, Dec 13 (APP): The finance ministry on Sunday clarified that the government had inherited a precarious debt situation which it managed with discipline, aggressive control of expenses and increase in tax and non-tax revenues. In a tweet, the ministry said, the government efforts yielded primary surplus and only the payment of interest on past… Continue reading Govt managing debt with discipline: Finance Ministry
Pakistan’s imports from China tops list; trade increases over US $ 3570 mln in 4 months
ISLAMABAD, Dec 8 (APP): China topped the list of countries from where Pakistan imported different products during the first four months of the current financial year (2020-21), followed by United Arab Emirates (UAE) and Singapore. The total imports from China during July-October (2020-21) were recorded at US $ 3570.360 million against the US $ 3145.098… Continue reading Pakistan’s imports from China tops list; trade increases over US $ 3570 mln in 4 months
Pak-Afghan PTA to be finalized by end of January 2021: Dawood
ISLAMABAD, Nov 18 (APP): Adviser to Prime Minister of Pakistan for Commerce and Investment Abdul Razak Dawood on Wednesday said the Preferential Trade Agreement (PTA) between Pakistan and Afghanistan would be finalized by the end of January, 2021. Similarly, he said, the Afghanistan-Pakistan Transit Trade Agreement (APTTA) would also hopefully be signed in the last… Continue reading Pak-Afghan PTA to be finalized by end of January 2021: Dawood
Banking sector Investments surge by Rs2 trillion: SBP
ISLAMABAD, Nov 16 (APP): The investments of the banking sector, amid weaker demand for advances and abundant liquidity, surged by Rs2 trillion during the first half (H1) of Calendar Year 2020 (CY20), State Bank of Pakistan (SBP) Reported. According to Mid-Year Performance Review of the Banking Sector (January-June 2020), the investments in government securities explain… Continue reading Banking sector Investments surge by Rs2 trillion: SBP
SBP and PHF to organise Lahore Hockey League 2020
By Sohail Ali LAHORE, Nov 13 (APP): Director General Adnan Arshad Aulakh said on Friday that the Sports Board Punjab (SBP) had decided to organize historic Lahore Hockey League 2020 with the collaboration of Pakistan Hockey Federation (PHF) in December this year. This important decision was taken during a high-level meeting, chaired by the SBP… Continue reading SBP and PHF to organise Lahore Hockey League 2020