Top Insights
Search Result for: State Bank
Pakistani Rupee Strengthens for Seventh Consecutive Day in Interbank Market
The Pakistani rupee continued to strengthen against the US dollar for the seventh day in the interbank market. According to the State Bank...
Finance Ministry Releases Report on Economic Performance from July to September
The Ministry of Finance has issued a report detailing Pakistan’s economic performance for the period from July to September. According to the report,...
Raast Integration Enables Rupee Payments Between Pakistan and Arab Countries
The State Bank of Pakistan (SBP) has connected its Raast payment system with the Arab Monetary Fund’s Buna platform, allowing rupee-based payments between...
Retail Payments in Pakistan See 35% Growth in FY 2023-24
The State Bank of Pakistan (SBP) reported significant progress in the national payment system during FY 2023-24. Retail payments saw a major boost,...
JazzCash Customer’s Money Stuck, Helpline Delays Resolution
A JazzCash customer in Karachi encountered a frustrating issue on September 26, 2024, while attempting to purchase a Zong package. The customer claimed...
Sindh Culture Minister Raises Concerns Over Removal of Mohenjo-Daro Image from Currency Note
Sindh’s Minister for Culture and Tourism, Syed Zulfiqar Ali Shah, has written to the Governor of the State Bank of Pakistan, expressing concerns...
Pakistan’s Current Account Deficit Narrows but Remains in Deficit
Pakistan’s current account could not achieve a surplus but did see a significant reduction in the deficit, according to the latest data released...
IMF Approves Increase in Cash Assistance for Benazir Kafalat Program
The International Monetary Fund (IMF) has approved an increase in cash assistance under the Benazir Kafalat Program to provide additional relief to beneficiaries....
FBR Extends Income Tax Return Filing Deadline to October 31
The Federal Board of Revenue (FBR) has extended the deadline for filing income tax returns until October 31. According to the FBR, this...
PIA Privatization Bidding Set for October 1, Six Parties to Participate
The bidding for the privatization of Pakistan International Airlines (PIA) will take place on October 1, with six parties participating in the process....
