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Recently, the proposed SBP Amendment Act 2021 has been presented in parliament for formal approval. ISLAMABAD ( Web News ) The National Accountability Bureau and the Federal Investigation Agency will have full powers to investigate SBP officials for criminal or corruption-related matters under the proposed State Bank of Pakistan (SBP)Read More →

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ISLAMABAD ( Web News ) Muhammad Shakeel Munir, President, Islamabad Chamber of Commerce & Industry (ICCI) said that the policy interest rate was already higher in Pakistan compared to regional countries and the SBP has made unprecedented hike of 150 basis points in it in one go taking it toRead More →

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State Bank keeps monetary policy unchanged. SBP anticipates growth in demand of private sector credit, expects growth in revenues, decline in budget deficit in 2021-22 ISLAMABAD ( JAVED MAHMOOD ) Monetary Policy Committee of the State Bank of Pakistan said that FY22 budget is expected to be broadly inflation-neutral asRead More →

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KARACHI ( Web News ) In order to promote digital payments, SBP has been taking steps to make them more secure, introducing new features and promoting their use. In consultation with the industry and other stakeholders, SBP has taken more steps to make digital transactions and card payments more secureRead More →