Exchange Companies’ (B-Category) license to cancel KARACHI, September 6, 2023: The State Bank of Pakistan has decided to introduce structural reforms in the Exchange Companies’ sector. As part of these reforms, leading banks actively engaged in foreign exchange business will establish wholly owned Exchange Companies to cater to the legitimate foreign exchange needs of general…
Karachi, March 04, 2020: State Bank of Pakistan (SBP) Governor Dr Reza Baqir Tuesday said that the International Monetary Fund (IMF) is government’s partner in reforming the country’s current economic system. In a briefing to the Public Accounts Committee (PAC) under the chairmanship of Rana Tanvir Hussain, the governor further said the relationship with IMF…
Islamabad, June 20, 2019: Rafique Suleman convener, FPCCI standing committee on rice and former chairman Rice Exporters Association of Pakistan on Thursday met with Abdul Hafeez Sheikh, Advisor to Prime Minister on Finance and discussed the issues related to Rice exports. Expressing satisfaction over the budget for 2019-20, Suleman informed the advisor that “Rice is…
Islamabad, April 12, 2019: Finance Minister, Asad Umar and Pakistan’s delegation he has been leading, met with representatives of Asian Development Bank (ADB), World Bank (WB) representatives and his Saudi Arabia Counterpart, discussed issues related to economy and reforms’ measures taken by the country. They also held a number of bilateral meetings on the sidelines…