Governor State Bank of Pakistan

Governor SBP stresses RMB use for China trade and investment

Islamabad, October 27, 2023: Governor State Bank of Pakistan (SBP) Jameel Ahmad highlighted the strong and long-lasting economic and financial ties between Pakistan and China and said using the Renminbi (RMB) for settling cross-border trade and investment transactions with China can further strengthen these ties. He was addressing a ceremony on ¬¬¬“Promoting the use of…

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SBP annual report

SBP releases annual report on Pakistan’s economy

Islamabad, October 23, 2023: The State Bank of Pakistan (SBP) released today its Annual Report on the State of Pakistan’s Economy for the fiscal year 2022-23. According to the report, Pakistan’s economy faced multiple challenges during FY23, as longstanding structural weaknesses exacerbated the impact of successive domestic and global supply shocks of unprecedented nature. The…

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