Bank of Canada Increases Policy Interest Rate by 25 Basis Points
The Bank of Canada January 25, 2023 increased its target for the overnight rate to 4.50 percent, with the bank…
Monetary Policy Committee Decides to Raise the Policy Rate by 100 Basis Points
In its meeting held on January 23, 2023 the Monetary Policy Committee (MPC) decided to increase the policy rate by…
Declarations Made by Civil Servants in BS 17-22: FBR Issues Procedure for Sharing Info with Banks
The Federal Board of Revenue (FBR) has issued a detailed procedure for sharing of information between the FBR and the…
State Bank of Pakistan Suspends the Authorization of Exchange Companies Outlets
The State Bank of Pakistan (SBP) has suspended, with immediate effect, the authorization of eleven (11) outlets of eight (08)…
Refineries to Get Russian Oil by April-end
Russian and Pakistani companies will sign agreements on spot purchase and long-term LNG contracts under the energy security plan. A…
IMF Team to Arrive on January 31st
The International Monetary Fund (IMF) mission will visit Pakistan from January 31-February 9, 2023 to continue the discussions for the…
SECP Holds Premier Environmental, Social and Governance (ESG) Symposium
The SECP in collaboration of UN WOMEN held a premier Environmental, Social, and Governance (ESG) symposium to keep the momentum…
Disbursement of Agri-loans is Tentatively Set at Rs 1,819 billion for FY24
In a launching ceremony of ‘Youth Business and Agri-loans scheme’ held on January 24, 2023 at Islamabad, the Governor, State…
NIBAF and CFASP Sign MOU for Collaboration on ‘Certification in Treasury Management’
National Institute for Banking and Finance Pakistan (NIBAF) and CFA Society Pakistan (CFASP) signed a Memorandum of Understanding (MOU) on…
Federal Reserve Board Releases Results of Survey of Senior Financial Officers at Banks
The Federal Reserve Board on January 13, 2023 released results of a survey of senior financial officers at banks about…