Tag: State Bank of Pakistan

Foreign direct investment (FDI) inflow jumps to 10pc as CPEC improves the investment climate in Pakistan

PAR Jan 18, 2017 0

The State Bank of Pakistan (SBP) reported on Monday that FDI in July-Dec amounted to $1.08bn, showing annual growth of 10.4pc. The overall investment...

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....

Customs to use WeBOC at airports to curb smuggling, money laundering

PAR Dec 20, 2016 0

KARACHI: The Pakistan Customs has decided to use WeBOC software to keep the data of air passengers and check the suspects involved in drug smuggling a...

PC clarification

PAR Dec 16, 2016 0

In response to various media reports that Pakistan Steel Mills (PSM) would be privatised in three months and also that its land is estimated at Rs 7 m...

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)...

Growing India-Pakistan tension: trade regime not changed: Dastgir

PAR Dec 2, 2016 0

Federal Minister for Commerce Khurram Dastgir Khan Thursday said that despite diplomatic tension between Pakistan and India trade regime has not been...

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...

Trade regime unchanged despite tensions with India

PAR Dec 2, 2016 0

Despite diplomatic tensions between Pakistan and India, the trade regime had not been changed by the government, Minister of Commerce Khurram Dastgir...

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...

Custom court awards 19 days imprisonment to 2 suspects in currency smuggling case

PAR Nov 25, 2016 0

KARACHI: Custom Court Judge Syed Faiz Rasool Rashdi awarded 19 days imprisonment and Rs 150,000 fine to accused persons namely Fahad Tayyab and Aamir...

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...

Rs38.6 Billion Statistical Discrepancy in Budgetary Operation in July-September 2016

PAR Nov 16, 2016 0

Finance Ministry has reported a Rs 38.562 billion statistical discrepancy in budgetary operation for the first quarter (July-September 2016) of the cu...