Tag: SBP

NA body wants utility tariff for textile at par with region

Clara Jan 18, 2017 0

KARACHI: Members of the National Assembly (NA)'s Standing Committee on Textile Industry and representatives from the textile sector Tuesday discussed...

Fertilizer importers seek payment of Rs 5 billion DAP subsidy

Clara Jan 17, 2017 0

Fertilizer importers have approached the Prime Minister for immediate payment of pending DAP subsidy claims of over Rs 5 billion to continue the schem...

Export of Sugar Office Memorandum

PAR Jan 10, 2017 0

The undersigned is directed to refer to the subject noted above and to state that the Economic Coordination Committee (ECC) of the Cabinet in Case No....

Government decides to revamp ZTBL

Clara Jan 9, 2017 0

The government has decided to revamp Zari Taraqiati Bank Limited (ZTBL) after issues pertaining to its financial viability and sustainability were rai...

PCMEA concerned over dollar conversion rate

Clara Jan 7, 2017 0

The Pakistan Carpet Manufacturers and Exporters Association has urged the Trade Development Authority of Pakistan (TDAP) Director General to take up t...

CAPTA says government cash incentives to hurt genuine exporters

Clara Jan 5, 2017 0

The country's value-added textile sector has rejected the government's consideration of custom rebate and cash subsidies, fearing the move would furth...

TMAP team, SBP governor discuss textile issues

Clara Jan 5, 2017 0

"The Towel Manufacturers Association of Pakistan hail the efforts of the Senate Standing Committee on Textile Industry specially of Senator Mohsin Azi...

ECC approves 225,000 tons of sugar export from surplus stocks

Clara Dec 29, 2016 0

The Economic Coordination Committee (ECC) of the cabinet on Wednesday approved export of 225,000  tons of sugar, spurred by an expected surplus of mor...

Exporters refused wheat subsidy

PAR Dec 9, 2016 0

The Economic Co-ordination Committee (ECC) of the Cabinet has refused to extend subsidy to those wheat exporters who had filed Goods Declaration (GD)...

Foreign exchange: SBP’s reserves fall 1.44% week-on-week

PAR Dec 2, 2016 0

Foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased 1.44% on a weekly basis on November 25, according to data released by the...

Pitching Pakistan’s economy to the world

PAR Dec 1, 2016 0

Not too long ago Pakistan was headed for an economic disaster waiting for the final act – a terror-ridden country faced with a balance of payments cri...

Experts stress role of SBP in finding rupee’s fair value

PAR Nov 30, 2016 0

Experts have called for a proactive role of the State Bank of Pakistan (SBP) to find a fair value of the rupee against a basket of some of the world’s...

Textile package: procedure for payment of DLTL unveiled

PAR Nov 29, 2016 0

The federal government has announced the procedure for providing drawback of local taxes and levies, under the textile package announced in the budget...

CPEC to ease infrastructure, energy constraints in Pakistan: SBP

PAR Nov 18, 2016 0

KARACHI: The State Bank of Pakistan (SBP) has said that smooth progress on the China-Pakistan Economic Corridor (CPEC)-related projects will ease infr...

GDP growth to remain in 5-6% range

PAR Nov 18, 2016 0

The State Bank of Pakistan (SBP) has projected that the country’s real gross domestic product (GDP) growth would remain in the range of 5-6% in fiscal...