State Bank of Pakistan Empowers Banks to Streamline Energy Imports Amid Global Geopolitical Volatility
The State Bank of Pakistan delegates new powers to banks for issuing financial instruments and standby letters of credit to secure crude oil and LNG imports.
State Bank of Pakistan Relaxes Energy Import Rules with Temporary CIF Approval to Secure Fuel Supply
SBP issues a 60-day waiver on petroleum import regulations allowing CIF basis shipments to mitigate energy supply risks amid global shipping and geopolitical volatility.
State Bank Updates FEM Rules for Royalty, Franchise and Technical Fee Remittances
The State Bank of Pakistan has revised its Foreign Exchange Manual to simplify remittance rules for royalty, franchise and technical service fees, aiming to improve ease of doing business while ensuring regulatory compliance.