SBP
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Pakistan
SBP Launches PRISM+ to Modernize Pakistan’s Digital Payment System
The State Bank of Pakistan (SBP) is set to launch PRISM+ digital upgrade—a major overhaul of the country’s national payment…
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Business
Govt Considers 5–7.5% Salary, Pension Hike Under IMF Watch
Amid tight fiscal constraints imposed by the International Monetary Fund (IMF), the government is mulling a 5% to 7.5% increase…
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Business
Eid ul Adha 2025: SBP Pushes ‘Go Cashless’ Drive for Cattle Markets
To ease the rush of cash transactions during Eid ul Adha, the State Bank of Pakistan (SBP) has launched a…
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Business
KIBOR Drops Sharply After SBP Cuts Policy Rate by 1%
The KIBOR decline followed the State Bank of Pakistan’s (SBP) decision to cut the policy rate by 100 basis points…
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Business
PSX Soars as SBP’s Surprise Rate Cut Boosts Investor Confidence
The Pakistan Stock Exchange (PSX) opened on a strong note Tuesday. The benchmark KSE-100 Index surged after the State Bank…
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Business
SBP Slashes Interest Rate to 11% Amid Low Inflation
In a move welcomed by the business community, the SBP interest rate cut brought the policy rate down to 11%…
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Business
SBP Highlights Sharp Economic Recovery in H1-FY25
Pakistan’s economic recovery gained significant momentum in the first half of FY25, according to the State Bank of Pakistan’s latest…
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Business
SBP’s Financial Stability Review 2024 Shows Resilient Banking Sector
The State Bank of Pakistan (SBP) has released its annual Financial Stability Review (FSR) for 2024, highlighting a notable recovery…
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Pakistan
Nationwide Financial Literacy Walks Spark Awareness In Pakistan
In a powerful push to boost financial literacy in Pakistan, the State Bank of Pakistan (SBP), in collaboration with commercial…
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Business
Pakistan Hits Record $1.2B Current Account Surplus in March
ISLAMABAD: Pakistan achieved a major economic milestone in March 2025, recording a record-breaking $1.2 billion current account surplus, according to…
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Business
Fitch Upgrades Pakistan’s Credit Rating to ‘B-’, Cites Economic Recovery
Islamabad, April 15 — Fitch Ratings on Monday upgraded Pakistan’s long-term foreign-currency issuer default rating to ‘B-’ from ‘CCC+’, reflecting…
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Pakistan
SBP Governor Outlines Path to Stability Amid $26 Billion
Despite ongoing challenges, Pakistan’s economy is showing signs of stability, with external payments and financial reforms at the center of…
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Business
SBP Releases Second Quarterly Payment Systems Review for FY25
The State Bank of Pakistan (SBP) has released its Quarterly Payment Systems Review for Q2 FY25. The report summarizes the…
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Business
SBP Confirms Fresh Banknote Issuance for Eid
The State Bank of Pakistan (SBP) has denied claims that it is not issuing fresh banknotes for Eid-ul-Fitr. The central…
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Business
SBP Confirms Fresh Banknote Issuance for Eid
The State Bank of Pakistan (SBP) has reaffirmed that it is issuing fresh banknotes for Eid-ul-Fitr, countering claims that new…
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Business
SBP Expected to Cut Interest Rates by 50bps on March 10
The State Bank of Pakistan (SBP) may announce a 50-basis-point (bps) interest rate cut in its upcoming Monetary Policy Committee…
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Business
SBP Grants Digital Banking License to Easy Paisa Bank Ltd
KARACHI: The State Bank of Pakistan (SBP) has granted a digital banking license to Easy Paisa Bank Ltd, the central…
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Business
SBP Cuts Policy Rate by 100 Basis Points to 12%
The State Bank of Pakistan (SBP) on Monday reduced the policy rate by 100 basis points, bringing it to 12%,…
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Business
KSE-100 Index Declines Amid Economic, Regulatory Concerns
The Pakistan Stock Exchange (PSX) faced another tough session on Wednesday as the KSE-100 Index plummeted by 1,598.82 points, or…
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Business
SBP to Announce Monetary Policy on January 27
The State Bank of Pakistan (SBP) is set to reveal its much-anticipated monetary policy decision on Monday, January 27, 2025.…
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Business
SBP Governor Reaffirms Commitment to Boost Financial Inclusion
The State Bank of Pakistan (SBP) has reinforced its dedication to advancing financial inclusion by fostering strong partnerships with global…
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Pakistan
Overseas Pakistanis Reject PTI’s Civil Disobedience Call
The ruling Pakistan Muslim League-Nawaz (PML-N) criticized Pakistan Tehreek-e-Insaf (PTI) over the failure of its civil disobedience movement. PTI’s jailed…
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Pakistan
SBP Reveals Advance Schedule for Monetary Policy Committee
The State Bank of Pakistan (SBP) has unveiled a rolling half-yearly calendar for the upcoming Monetary Policy Committee (MPC) meetings.…
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