Pakistan’s trade deficit with region expanded in FY22

Pakistan’s trade deficit with the region expanded during FY22 as a result of huge imports, the latest data released by the State Bank of Pakistan showed. Pakistan’s exports to nine…

SBP reverses cash margins on imports

The State Bank of Pakistan (SBP) on August 5 reversed the cash margins on imports from 100 per cent to 25 PC and in some cases to zero. “To provide…

SBP ensures 7% rise in women employment in banking sector by end-2023

The State Bank of Pakistan is working on a banking equality policy in Pakistan and financial inclusion and ensures a seven per cent rise in the women employment in the…

National savings schemes rates raised up to 150 bps

The government has raised rates of different National Savings schemes (NSS) in the range of 30 basis points (bps) to 150 basis points with effect from June 3. The total…