[ad_1] KARACHI: Karandaaz Pakistan on Thursday held the first roundtable session to deliberate on ‘Open Banking’ with industry stakeholders including senior representatives from regulators, banks, and fintech and technology platforms…
Tag: SBP
Things seem to be getting better now
[ad_1] Not only has the clarity about country’s economic indicators, including an increase in foreign exchange reserves of State Bank of Pakistan (SBP), given a meaningful boost to country’s stock…
Trends – SBP strategic plan – Business Recorder
[ad_1] Trends – SBP strategic plan Business Recorder [ad_2] Source link
Next IMF programme is not going to be easy
[ad_1] The IMF review is ongoing, and it’s likely to sail through, as all the quantitative targets have been met. The potential issue could be the transition to the next…
The untamed frontier of foreign exchange
[ad_1] A stable and predictable forex market is a beacon for foreign investors. Their confidence fuels economic growth, creates jobs, and bolsters a nation’s financial strength. Foreign exchange reserves act…
Removing institutional impediments
[ad_1] The past few days have witnessed some encouraging positive developments on the country’s financial front providing the much-needed respite for economy and businesses, deeply marred by uncertainty and pessimistic…
Real reforms in sight?
[ad_1] The initial signs of real reforms are in sight. This includes crackdown on smuggling of goods and currencies through Afghanistan and Iran borders and reforms of the exchange companies…
Poverty on the rise
[ad_1] Poverty levels have risen from 34.2 percent in 2022 to 39.4 percent in 2023, pushing 12.5 million people below the poverty line as per data shared by World Bank…
Bank AL Habib says will establish wholly-owned Exchange Company
[ad_1] The Board of Directors (BoD) of Bank AL Habib Limited, one of the largest commercial banks in the country, announced it will establish an Exchange Company (EC) as a…
Elusive macroeconomic stability
[ad_1] In a recent statement reportedly, interim finance minister Dr Shamshad Akhtar indicated that there were signs of economic recovery, whereby she pointed out: ‘There are some initial signs of…