FBR Launches Phone Call Campaign to Guide Taxpayers on Filing Returns
FBR has launched a taxpayer awareness campaign through official phone calls, guiding citizens on filing income tax returns and introducing its new online portal.
Deutsche Bank Appoints Syed Ali Haider Zaidi as New Chief Country Officer for Pakistan
Deutsche Bank has appointed Syed Ali Haider Zaidi as its new Chief Country Officer in Pakistan, succeeding Kamran Zaidi, to lead operations, strengthen stakeholder ties, and align with regional strategy.
Pakistan’s Crypto Turning Point: From Skepticism to Strategic Embrace
Pakistan has shifted from banning cryptocurrency in 2018 to embracing digital assets in 2025, with new mining plans, regulatory bodies, and frameworks shaping its role in the global financial system.
Pakistan’s Finance Ministry Retires PKR 1.1 Trillion in SBP Debt, Reducing Fiscal Risks
The Ministry of Finance has retired over PKR 1.1 trillion in debt owed to the State Bank of Pakistan, cutting SBP-held debt by nearly 30% and easing refinancing risks tied to future maturities.
SECP and ADB Promote We-Finance Code to Advance Women’s Financial Inclusion
The Securities and Exchange Commission of Pakistan, in partnership with the Asian Development Bank, held an awareness session in Karachi on the We-Finance Code, a framework designed to institutionalize gender-sensitive financial services and empower women in Pakistan’s economy.
SECP Mandates Phased Adoption of Shariah-Compliant Trading for Licensed Entities
The Securities and Exchange Commission of Pakistan has directed institutional investors and licensed entities to gradually adopt Shariah-compliant brokerage services, with a phased plan beginning in 2025 to align financial markets with Islamic principles.
SBP Sets Special Cash Reserve Account Remuneration Rate at 3.27% for September 2025
The State Bank of Pakistan has fixed the Special Cash Reserve Account remuneration rate at 3.27% for September 2025, applicable to deposits raised under FE-Circular 25 of 1998.
PSX Closing Bell: KSE-100 Index Crosses 149,000 with Strong Sectoral Support
The Pakistan Stock Exchange started the new month on a bullish note as the KSE-100 Index surged by over 1,300 points, driven by gains in cement, banking, and oil exploration sectors, with trading volumes crossing 1.18 billion shares.
Government Retires Rs. 1.13 Trillion SBP Debt Early, Strengthening Fiscal Discipline
Pakistan’s federal government has retired Rs. 1.13 trillion of debt owed to the State Bank of Pakistan ahead of schedule, marking a historic repayment that reflects fiscal discipline, improved revenues, and stronger debt management strategies.
SBP Grants 1LINK Designated Payment System Status to Strengthen Pakistan’s Digital Economy
The State Bank of Pakistan has officially designated 1LINK as a Payment System Operator under the Payment Systems & Electronic Funds Transfer Act, 2007, marking a milestone in advancing digital payments and financial inclusion.