MPC Decides To Keep The Policy Rate Unchanged At 22.00 percent
The Monetary Policy Committee (MPC) in its meeting on December 12, 2023, decided to maintain the policy rate at 22.00…
Banks Must Increase Their Outreach And Penetration To Agriculture Sector- Governor SBP
The annual meeting of Agricultural Credit Advisory Committee (ACAC) was held on December 14, 2023 in Lahore, under the chairmanship…
China To Issue 10-billion-Yuan Sovereign Bonds In HKSAR
The Hong Kong Monetary Authority (HKMA) announced on December 07, 2023 that China’s Ministry of Finance (MOF) will issue sovereign…
Economy Steadily Progressing Towards Recovery, Revival: MoF
The national economy is steadily progressing along a promising path toward recovery, propelled by the momentum of economic revival initiatives…
ADB Approves Projects Worth $658 Million For Resource Mobilization, Schools, Food Security In Pakistan
The Asian Development Bank (ADB) has approved three projects this week, totaling $658.8 million to help Pakistan achieve its goal…
HBL Becomes The First Capacity Building Alliance Of Sustainable Investment (CASI) Member In Pakistan
Muhammad Aurangzeb, President & CEO – HBL and Dr Ma Jun, President Institute of Finance & Sustainability at the CASI…
UAE Financial Sector Announces To Mobilize AED 1 Trillion In Sustainable Finance By 2030 As UAE Hosts COP28
Coinciding with the UAE’s hosting of COP28, the Central Bank of the United Arab Emirates (CBUAE), in cooperation with the…
Central Bank Of The UAE And Bank Indonesia Agree To Expand Joint Cooperation
The Central Bank of the UAE (CBUAE) and Bank Indonesia (BI) on December 05, 2023, exchanged of Memorandum of Understanding…
Bank Of Canada Maintains Policy Rate, Continues Quantitative Tightening
The Bank of Canada on December 06, 2023, held its target for the overnight rate at 5 percent, with the…
SBP Issues Instructions For Enabling ‘RAAST’ Person To Merchant Service
State Bank of Pakistan on December 06, 2023, has issued instructions to its Regulated Entities (REs) for enabling RAAST Person-to-Merchant…