KARACHI: In a significant move towards fiscal consolidation, the Ministry of Finance has retired a debt of Rs500 billion owed to the State Bank of Pakistan (SBP) four years ahead of its scheduled maturity in 2029, Adviser to the Prime Minister on Finance Khurram Schehzad announced on Monday. In a post on his official X […]
Govt repays Rs500bn SBP debt early Read More »
SBP holdings climb to 39-month high at $14.5b, covering 2.71 months of imports The central bank said in its latest weekly update on Thursday that the country’s foreign exchange reserves, held by the SBP, decreased $66 million to $8.15 billion in the week ended January 5, 2024 due to debt repayments. photo: file Listen to article KARACHI: Pakistan’s
Foreign currency reserves hit $20b Read More »
A false article has been going viral online, claiming that the State Bank of Pakistan (SBP) will launch new designs of currency notes (10, 20, 50, 100, 500, 1,000, and 5,000 rupees) in late 2025. However, SBP officials have confirmed that this news is completely fake. DATE . July/11/2025
New Pakistani Notes with Modern Designs The State Bank of Pakistan Issued New Notes Read More »
اسٹیٹ بینک آف پاکستان کے زرمبادلہ کے ذخائر میں اضافہ ہو رہا ہے — اور یہ ایک اطمینان بخش خبر ہے۔ مرکزی بینک کے مطابق، جون کے اختتام تک ذخائر 14.5 ارب ڈالر تک پہنچ گئے، جو نہ صرف آئی ایم ایف کے مقرر کردہ 13.9 ارب ڈالر کے ہدف سے زیادہ ہیں بلکہ گورنر
زرمبادلہ کے مستحکم ذخائر کے بعد اسٹیٹ بینک کی نظریں عالمی بانڈ مارکیٹ پر Read More »
The Central Directorate of National Savings (CDNS) has reduced the rates of return on a number of its National Savings Schemes (NSS) with effect from June 27, 2025, it was learnt on Wednesday. The rate of Saving Account (SA) remained unchanged at 9.50%, brokerage house Topline Securities reported. The Defence Saving Certificates (DSC) will offer
National Saving Schemes: CDNS lowers rates of return Read More »
Post Office Savings Account (POSA) interest rate has remained unchanged at 4% since December 1, 2011. It is likely to remain so even for the upcoming quarters Finance Ministry may review Post Office Savings Account interest rate. | Image source: Shutterstock Post Office Savings Account (POSA) interest rate for the July-September quarter of FY 2025-26
Post Office Savings Account (POSA) interest rate for July-September 2025 Read More »
ISLAMABAD – The federal government has announced a notable reduction in income tax for the salaried class, set to take effect from July 2025 in news fiscal year 2026. The revised tax structure will provide relief to millions of wage earners across various income brackets, with monthly savings ranging from Rs2,000 to over Rs16,000. The
Salary tax calculation FY2025 vs FY2026: Explained Read More »
اسلام آباد: حکومت پاکستان اور ورلڈ بینک کے درمیان ایک نئے اور جامع ترقیاتی دور کا آغاز ہو گیا ہے، جس کا مرکز دس سالہ “کنٹری پارٹنرشپ فریم ورک” (CPF) ہے۔ یہ فریم ورک اسپیشل انویسٹمنٹ فیسیلیٹیشن کونسل (SIFC) کے تعاون سے شروع کیا گیا ہے، جس کا بنیادی مقصد پاکستان میں نجی شعبے کی
