Shahid Iqbal

SBP issues criteria for Raast participants

Raast is an instant payment system launched in 2021 to facilitate instant, safe and efficient transfer of funds nationwide. Published 23 Feb, 2025 07:31am

Profit outflows surge 90pc in July-Jan

Outflow of profits and dividends surge to $1.317 billion during July-January FY25. Published 21 Feb, 2025 08:19am

Current account changes track, posts $420m deficit in Jan

July-Jan current account shows surplus with $628m. Updated 19 Feb, 2025 10:48am

Housing shortfall hits 12m units

Banking experts say liquidity from banks expected to enter property market, possibly stimulating growth in construction sector. Updated 18 Feb, 2025 10:45am

Domestic debt up by Rs2.5tr in six months

Govt continues borrowing despite supply of Rs2.7tr by SBP. Published 15 Feb, 2025 05:55am

Businesses repay banks Rs440bn in a fortnight

From Jan 17 to 31, the credit to private sector goes down by Rs440bn from Rs1.398 trillion to Rs958bn. Published 13 Feb, 2025 08:14am

Remittances surge $5bn in 7 months

Inflows increase 32pc to $20.8bn in July-January. Published 11 Feb, 2025 06:52am

Banks’ investment in risk-free govt papers surges to Rs26tr

Centre uses taxpayers’ money to pay unprecedented returns. Published 09 Feb, 2025 07:31am

Local makers meet 95pc demand for smartphones in 2024

Arrival of imported sets surges 50pc in 1HFY25. Updated 08 Feb, 2025 12:19pm

SBP buys $3.8bn to repay debt, boost reserves

Bankers say unexpectedly higher remittances provided enough liquidity in the inter-bank market. Published 06 Feb, 2025 07:55am

Low interest rate fails to spur growth

Monetary expansion remains negative in July-January FY25. Published 02 Feb, 2025 08:36am

Foreigners withdraw 87pc money from T-bills

Steep decline in returns said to be behind massive outflow. Updated 30 Jan, 2025 09:34am

Central bank slashes interest rate by 100bps to 12pc

• Governor hopes CPI inflation will remain within 5.5-7.5pc range until end of financial year • Forex reserves may rise above $1 Published 28 Jan, 2025 06:53am

NON-FICTION: WHAT AILS PAKISTAN’S ECONOMY?

A slim book is a good starting point for those who want to have a basic idea about Pakistan’s economic problems and policies over Published 26 Jan, 2025 09:53am

Govt’s commercial borrowing to shake rupee confidence

Merchandise exporters say the country needs to remain competitive in the regional markets to attract orders at lower prices. Published 26 Jan, 2025 06:54am

Bank credit to private sector surges manifold

However, textile sector, the largest borrower, claims 40pc of spinning mills shut due to harsh govt policies. Updated 25 Jan, 2025 09:17am

Govt slashes T-bill rates by up to 41bps

Most financial experts believe that SBP would cut interest rate by 100bps in its meeting on Jan 27. Published 23 Jan, 2025 07:15am

Repatriation of profit surges 114pc

Profit repatriation primarily restricted in FY24 to contain the country’s fast-depleting foreign exchange reserves. Published 21 Jan, 2025 07:29am

Current account posts $1.2bn surplus in July-Dec

Surplus provides crucial support to govt, which is struggling to meet external debt servicing requirements. Updated 18 Jan, 2025 10:11am

UAE rolls over $2bn deposit for another year

SBP reserves up by $30m to $11.72bn Published 17 Jan, 2025 09:15am