45 h. ago SBP steps in with Rs13.5 trillion to ease banking system pressure

The State Bank of Pakistan (SBP) injected Rs13.514 trillion into the banking system on June 13, 2025, to support liquidity amid economic challenges. This large-scale liquidity infusion was done through various Open Market Operations (OMO), including reverse repo purchases and Shariah-compliant Mudarabah-based operations. These measures aim to stabilize the financial markets and help banks manage […]

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64 h. ago Global unrest hits home: SBP set to maintain interest rate at 12%

The State Bank of Pakistan (SBP) is expected to keep its interest rate at 12% in its meeting on Monday. Earlier, analysts had predicted a rate cut. But after Israel’s recent military strike on Iran, many changed their views. The risk of higher oil prices and global instability raised fears of inflation. A Reuters snap […]

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3 d. ago Is another Policy Rate Cut coming in MPC’s June 2025 review?

ISLAMABAD – State Bank of Pakistan is expected to hold Policy Rate unchanged on June 16, in the first meeting

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3 d. ago State Bank of Pakistan’s foreign reserves rise by $167 million

KARACHI – Pakistan’s liquid foreign reserves stood at $16,875 million as of June 06, 2025. According to the data released

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3 d. ago CM urges citizens to donate blood, launches Virtual Blood Bank Centre

LAHORE: Punjab Chief Minister Maryam Nawaz Sharif has called on citizens, particularly the youth, to contribute to the life-saving cause of blood donation. She emphasized that every drop of blood can make a crucial difference in emergencies, offering a chance to save lives. With the launch of Pakistan’s first Virtual Blood Bank Centre in Punjab, […]

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3 d. ago SBP’s monetary policy committee to decide interest rate on june 16

The State Bank of Pakistan (SBP) announced that its Monetary Policy Committee (MPC) will meet on Monday, June 16, 2025. The purpose of the meeting is to review the economic situation and decide whether to change the policy interest rate. The SBP will issue the official statement through a press release on the same day. […]

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3 d. ago Big push for affordable housing: Rs5 billion subsidy in federal budget

The federal government has allocated Rs5 billion in the FY26 budget for a new low-cost housing scheme. This scheme will provide a mark-up subsidy on loans to make home financing easier. The government will work with the State Bank of Pakistan to launch the program soon, aiming to help more people afford homes. Under this […]

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4 d. ago CM Maryam Nawaz launches Pakistan’s First Virtual Blood Bank Centre

On the directives of Chief Minister, Punjab, Maryam Nawaz, Pakistan’s first and exemplary Virtual Blood Bank Centre has been established

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4 d. ago Pakistan’s remittances jump to $3.68bn in may, on track for record $38bn in FY25

Remittances to Pakistan rose sharply to $3.68 billion in May 2025, marking a 16% increase from April and a 13.67% rise year-on-year, according to the State Bank of Pakistan. This strong growth continues the upward trend in remittance inflows. It also plays a key role in strengthening Pakistan’s foreign reserves and supporting the economy. From […]

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9 d. ago Pakistan’s economic growth to hover at 2.44% in FY25, LSE warns

Pakistan’s economic growth is projected to be a modest 2.44% in the fiscal year 2024–25, showing only a slight improvement from last year’s 1.7%, according to the Lahore School of Economics (LSE) Modelling Lab. This forecast aligns closely with recent downward revisions by the Pakistan Bureau of Statistics and estimates by the World Bank, IMF, […]

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9 d. ago SBP announces reforms to ease financing challenges for small businesses

The State Bank of Pakistan (SBP) has started a major reform plan to make loans easier for small and medium businesses (SMEs). The goal is to help SMEs access finance in a simple, fair, and lasting way. The central bank wants to remove hurdles that keep small businesses from getting much-needed funds from banks. Currently, […]

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9 d. ago Importers struggle with dollar shortage as exchange rates cross official limits

Despite improved dollar inflows this year, importers in Pakistan are struggling to access foreign currency, leading to rising import costs and unofficial price hikes beyond official exchange rates. The shortage continues to create uncertainty in trade, even as the State Bank of Pakistan (SBP) maintains that no formal restrictions are in place. According to banking […]

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9 d. ago Nearly 45% of Pakistanis now live below poverty line: World bank

ISLAMABAD – Poverty in Pakistan has worsened significantly, with 44.7% of the population now living below the poverty line, according to a recent World Bank report. This marks a steep rise from 39.8%, reflecting the economic strain facing millions of households. The World Bank revised its poverty benchmark for lower-middle-income countries to $4.20 per person […]

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1 week ago BISP, WB discuss data sensitization, social protection reforms

In a bid to enhance transparency, data security, and the effectiveness of social protection systems in Pakistan, the Benazir Income Support Programme (BISP) and the World Bank have agreed to deepen their collaboration, focusing on responsible data sharing, cybersecurity, and key reforms in social welfare delivery. In this regard, Chairperson BISP, Senator Rubina Khalid, held […]

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1 week ago SBP reserves dip slightly by $7 million despite recent IMF support

The State Bank of Pakistan (SBP) reported a minor decline of $7 million in its foreign exchange reserves for the week ending May 30, 2025. This brought the SBP’s total reserves to $11.51 billion, according to data released on Thursday. The small dip reflects ongoing challenges in managing foreign currency amid repayments and imports. Despite […]

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1 week ago State Bank of Pakistan’s foreign reserves fall by $7 million

KARACHI – Pakistan’s liquid foreign reserves stood at $16,597.7 million as of May 30, 2025. According to the data released

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1 week ago SBP seeks public feedback on draft regulations for SME financing

KARACHI – The State Bank of Pakistan (SBP) has made a comprehensive review of the Prudential Regulations (PRs) for SME

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1 week ago Poor policies cause 13.5% drop in major crop output, warns planning commission

ISLAMABAD – The Planning Commission has admitted that faulty federal and provincial policies led to a sharp 13.5% decline in major crop production this fiscal year. This drop may increase food imports next year and put pressure on the country’s foreign exchange reserves. According to a working paper prepared for the 2025–26 federal budget, the […]

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1 week ago Pakistan pushes for stronger economic ties in SCO: Aurangzeb backs development bank, joint ventures

Finance minister urges deeper cooperation, innovation, and infrastructure investment across member states ISLAMABAD — Finance Minister Muhammad Aurangzeb reaffirmed Pakistan’s commitment to strengthening economic ties under the Shanghai Cooperation Organisation (SCO) during a virtual address to SCO finance ministers and central bank governors in Beijing on Tuesday. He called for greater collaboration to boost regional […]

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2 w. ago Pakistan’s gender gap: 47 million women outside workforce, world bank sounds alarm

Pakistan faces severe gender gaps in employment and finance, with nearly 47 million women outside the labor force and around 55 million women lacking access to formal banking, according to a new World Bank report. The report, Women’s Economic Empowerment in Pakistan, stresses that including women is essential to tackling the country’s economic and social […]

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