SBP Urges Balanced Growth to Avoid Past Boom-Bust Cycles, Highlights Strong Reserves and Inflation Control
SBP Governor Jameel Ahmad warns against past mistakes of rapid demand-led growth as Pakistan shifts focus to long-term stability, backed by rising reserves and low inflation.
SBP and ADB Roll Out Women Entrepreneurs Finance Code to Bridge Gender Finance Gap in Pakistan
The State Bank of Pakistan and Asian Development Bank have launched the WE Finance Code to boost women’s access to finance, with 20 banks committing to drive gender-inclusive growth.
State Bank of Pakistan Pumps Rs1.16 Trillion into Market through OMO to Support Liquidity
The State Bank of Pakistan has injected Rs1.16 trillion into the financial system through a combination of conventional and Shariah-compliant open market operations to address liquidity needs.
PM Initiates Major Push Towards Cashless Economy with Three High-Level Committees
Prime Minister Shehbaz Sharif launches three expert committees to fast-track Pakistan’s cashless economy, expanding RAAST and forming a national digital master plan for seamless digital transactions.
Modest Growth in SBP Reserves: A Critical Juncture for Pakistan’s Digital Economy
The State Bank of Pakistan’s (SBP) foreign exchange reserves saw a marginal increase of $46 million, reaching $11.721 billion for the week ending June 13. This modest rise leaves a significant gap against the central bank’s $14 billion target for June 30, raising questions about immediate economic stability and potential implications for the burgeoning digital finance sector.
Driving Innovation: SBOTS-27 Officers Engage with CPEC’s Digital Future
Officers from the State Bank of Pakistan’s SBOTS-27 cohort recently participated in an “Evening Talk” featuring Dr. Hassan Daud Butt, former Project Director CPEC. The session provided invaluable perspectives on the China-Pakistan Economic Corridor’s impact, particularly its implications for digital infrastructure and economic development, crucial for the next generation of financial leaders.
Islamic Finance Forward: NIBAF Concludes Pivotal Professional Development Program in Karachi
NIBAF Pakistan successfully concluded its highly anticipated Islamic Banking Professional Development Program (IBPD-18) in Karachi, empowering financial professionals with critical insights into the evolving landscape of Sharia-compliant banking. This intensive program underscores a significant stride in enhancing specialized expertise within Pakistan’s burgeoning Islamic finance sector.
State Bank of Pakistan Seeks Public Input on Revamped Prudential Regulations for SME Financing
The State Bank of Pakistan has released a draft of revised Prudential Regulations for SME financing, inviting public consultation to enhance financial inclusion, support fintech integration, and improve access to credit for small and medium enterprises.
Pakistan Accelerates Towards Regulated Digital Asset Landscape
Pakistan’s Finance Division, in collaboration with the Pakistan Crypto Council and key regulatory bodies, is fast-tracking the development of a comprehensive legal framework for digital and virtual assets. This initiative aims to establish clear governance, licensing protocols, and robust investor protections, aligning the nation with international best practices in the burgeoning digital economy.