KARACHI, January 29, 2019: Pakistan Tehreek e Insaf’s (PTI) economic performance is worst than PML-N as PTI government will miss the GDP growth target of 6.2 percent in its first year (FY19). After achieving a 13-year high growth of 5.8 percent in FY18-the last year of PML-N government, Pakistan’s economy is showing signs of moderation….
Karachi, January 29, 2019; The State Bank of Pakistan (SBP) on Tuesday released its First Quarterly Report on the State of Pakistan’s Economy for FY19. According to the report, the overall macroeconomic environment remained challenging during the first quarter of FY19 as suggested by the preliminary data. The primary concern was the steep rise in global…
Karachi, January 17, 2019: In order to encourage banks to collect more funds for construction of Dams, State Bank of Pakistan (SBP) has announced to reimbursement of TT Charges on dam fund remittances transactions. SBP has announced that the amount received by domestic banks from overseas Pakistanis as donations/contributions for the ‘Prime Minister and Chief…
Karachi, January 14, 2019: In order to create awareness about the National Financial Literary Program (NFLP) and more specifically, sensitize the masses regarding the on-ground execution, the State Bank of Pakistan (SBP) has decided to launch a dedicated NFLP mass media campaign from January 15, 2019 through print, radio and social media. It is important…
Karachi, January 10, 2018: The State Bank of Pakistan (SBP) on Thursday categorically denies a Report relating to the bank accounts of Pakistan Tehreek-i-Insaf (PTI) to the Election Commission of Pakistan (ECP). SBP neither maintains the database of banks’ individual accountholders nor possesses any related information / record thereof. Banks being the custodian of customers’ information may directly provide this…