Our so concerned experts can comment best on important budget focus as on military, agriculture, industry, energy, infrastructure, education, health and, above all, inflation etc. Seldom shared yet vital budget points here:
First point: How can a nation embark on...
State Bank of Pakistan released its Second Quarterly Report on The State of Pakistan’s Economy for the fiscal year 2020-21 on Thursday.
The report highlights the strengthening of the economic recovery during the second quarter of the fiscal year. This...
Pakistan’s fiscal balance in the current fiscal year to date has strengthened over prior year, with the deficit arriving at PKR 1.65trn in 9MFY21 (3.6% of GDP) compared to PKR 1.69trn in 9MFY20 (3.8% of GDP), down by 2%...
Faysal Bank Limited signed an agreement with the leading Dubai-based real estate development company, Emaar Karachi, to provide home financing to its customers for Emaar’s current projects in the country.
Through this partnership,FaysalIslamiwill facilitate individual clients to avail the Shahriah...
Governor State Bank of Pakistan (SBP) Dr Reza Baqir has said that financing for sustainable development is the need of the hour and Financial Institutions have a crucial role in this area. He was addressing a webinar jointly hosted...
The government of Pakistan is evaluating buying all of Pakistan’s private fuel oil-fired power plants, including Hub Power Co. (HUBCO), at a one-time cost that would help it save at least Rs300 billion on payments over the next seven...
State Bank of Pakistan (SBP) has been voted as the Best Central Bank in promoting Islamic finance for the fourth time by a poll conducted by Islamic Finance News (IFN), REDmoney Group Malaysia, on Wednesday.
This is the second international...
The State Bank of Pakistan (SBP) organized the third nationwide Stakeholders’ meeting on Digital Financial Services today chaired by Governor SBP, Dr. Reza Baqir. The goal of these meetings has been to accelerate the agenda on promoting digital financial...
The Islamic Financial Services Board (IFSB) Council in its 37th meeting, held on 10th December 2020, appointed Governor State Bank of Pakistan, Dr. Reza Baqir, as the Deputy Chairman of the Council for the year 2021.
IFSB Council is the...