Former finance minister and ex-governor of the State Bank of Pakistan, Dr Shamshad Akhtar, passed away on Saturday at the age of 71. Her demise marks the loss of one of Pakistan’s most respected economists, whose career spanned decades of national service and international leadership in global financial institutions. Dr Shamshad Akhtar was widely recognized […]
Pakistan recorded a strong inflow of $3.4 billion in remittances from overseas workers in October 2025, reflecting a 12% year-on-year increase, according to the State Bank of Pakistan (SBP). The surge highlights the continued trust and contribution of overseas Pakistanis in supporting the country’s economy amid global financial challenges, reported 24NewsHD TV on Friday. The […]
The foreign exchange reserves of Pakistan witnessed an increase of 9.6% on Thursday on a week-on-week basis. The State Bank of Pakistan (SBP) reported that the foreign currency reserves rose to $4.4 billion, after an increase of $393 million. On June 23, 2023, the foreign exchange reserves were recorded at $4.06 billion. Experts claim that […]
The State Bank of Pakistan (SBP) and Meta (Facebook, WhatsApp and Instagram’s parent company) have partnered to train 500 Pakistani women entreprenurs. A press release issued on Wednesday said that this partnership will “digitally empower 500 women entrepreneurs and other high value small businesses.” The initiative was announced in Karachi at the launchings ceremony of […]
Photo Credits: Dawn.com Governor State Bank of Pakistan (SBP), Jameel Ahmed said that Pakistan will repay all its debts on time and there are no risks of the country defaulting due to the nonpayment of international debts. Ahmed was addressing the Pakistan Stock Exchange (PSX) and said, “Let me assure you that we will be […]
