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Agriculture financing hits record Rs1.78 trillion in FY23 amid SBP efforts and PM’s Kissan Package

The financial institutions disbursed Rs. 1,776 billion under agriculture financing during FY23 and achieved 97.6% of the agriculture credit target...

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SBP rebuts the claim that capping the price of the dollar caused a loss of $3 billion in remittances and exports

There has been a narration in print & electronic media that suggests that capping the price of the dollar caused...

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Silver lining

The donors’ summit in Geneva on Monday saw pledges of about $10 billion for flood recovery, which must have lent...

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State Bank to issue banknotes with Jameel Ahmad’s signature from

The State Bank of Pakistan will start issuing banknotes bearing the signature of SBP Governor, Jameel Ahmad with effect from...

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Economy to Grow up to 5% Despite Challenges: SBP

The State Bank of Pakistan has projected economic growth of up to 5% in the current fiscal year 2021-22, but...

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Governor SBP meets with Governors of Saudi Central Bank and Bank Indonesia

Governor State Bank of Pakistan (SBP), Dr. Reza Baqir, met the Governors of Saudi Central Bank (SCB) and Bank Indonesia...

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SBP to issue RS 70 commemorative coin to mark 70th anniversary of the establishment of diplomatic relations between Pakistan and Germany

ERD/M&PRD/PR/01/2021-113                                                                                October 14, 2021  To mark the occasion of the 70th anniversary of Pakistan-Germany Diplomatic relations, the Government of Pakistan...

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SBP expects Pakistan’s economy to regain COVID-19 ruins

The central bank expects the economy of Pakistan to grow by 3.49% per year to recover from the loss COVID-19...

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Bank timings to get back to normal from today

The notification by the State Bank of Pakistan has mentioned the bank timings to get back on a routine from...

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SBP takes measures to promote Digital Payments amid COVID-19 Pandemic

In the wake of the recent outbreak of COVID19 (Corona virus), SBP is undertaking a number of measures to contribute...

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