Pakistan’s Petroleum Import Bill Drops 13% YoY in February 2026
SBP data shows a significant decline in Pakistan’s petroleum and fertilizer imports for February 2026, while vegetable product imports saw a robust 28% increase.
China Remains Pakistan’s Top Import Source with $12.5 Billion in 8MFY26
State Bank of Pakistan data reveals China, UAE, and Saudi Arabia as the leading import partners for February 2026, with significant growth in US trade.
Russia Offers Discounted Oil to Pakistan Amid Middle East Energy Crisis
Russian Ambassador Albert Khorev states Moscow is ready to supply discounted crude oil to Pakistan, pending a formal request from Islamabad to mitigate rising fuel costs.
SECP Initiates Stakeholder Consultation to Recalibrate T+1 Settlement Cycle
The SECP launches a formal review of the T+1 settlement framework following market concerns over liquidity, banking integration, and operational stress.
NBP Hosts 2nd Merchant Sales Conference in Lahore to Drive Digital Ecosystem
National Bank of Pakistan (NBP) and Golootlo collaborate in Lahore to strengthen the cashless payments landscape and merchant acceptance nationwide.
Zindigi and SBP Digitization of Lahore’s Liberty Market to Drive Cashless Economy
Zindigi by JS Bank and the State Bank of Pakistan (SBP) inaugurate the digitization of Lahore’s Liberty Market using Raast QR for instant merchant payments.
SBP Commences Fresh Currency Note Distribution for Eid-ul-Fitr 2026
The State Bank of Pakistan begins distributing new currency notes through commercial banks for Eid-ul-Fitr 2026, with 8877 SMS service expected soon.
SBP and Commercial Banks to Remain Closed on March 23 for Pakistan Day
The State Bank of Pakistan (SBP) confirms a nationwide bank holiday on Monday, March 23, 2026, in observance of Pakistan Day.
SBP Injects Rs300 Billion into Banking System via Conventional and Shariah OMOs
he State Bank of Pakistan injected Rs300.7 billion into the market through reverse repo and Shariah-compliant OMOs to manage liquidity requirements.
Pakistan Macro Outlook Strengthens with $427 Million Current Account Surplus in February
Pakistan records its highest monthly current account surplus since March 2025, supported by surging IT exports and a four-year high in foreign exchange reserves.