Karachi, April 11, 2023 (PPI-OT):State Bank of Pakistan released its first and second quarterly report of Payment Systems for the Fiscal Year 2022-23 today covering the period July to December 2022. The report presents major highlights of payments ecosystem in...
Read More »Workers’ Remittances in March 2023
Karachi, April 10, 2023 (PPI-OT): Workers’ remittances recorded an inflow of US$2.5 billion during Mar 23. In terms of growth, during Mar 23, remittances increased by 27.4 percent on m/m and decreased by 10.7 percent on y/y basis. With cumulative...
Read More »Monetary Policy Statement
Karachi, April 04, 2023 (PPI-OT):At its meeting today, the Monetary Policy Committee (MPC) decided to increase the policy rate by 100 basis points to 21 percent. The MPC noted that inflation in March 2023 rose further to 35.4 percent, and...
Read More »Monetary Policy Statement
Karachi, April 04, 2023 (PPI-OT):At its meeting today, the Monetary Policy Committee (MPC) decided to increase the policy rate by 100 basis points to 21 percent. The MPC noted that inflation in March 2023 rose further to 35.4 percent, and...
Read More »Monetary Policy Announcement
Karachi, March 31, 2023 (PPI-OT):The Monetary Policy Committee of SBP will meet on Tuesday, April 04, 2023 at SBP Karachi to decide about the Monetary Policy. Later on, SBP will issue the Monetary Policy Statement through a press release on...
Read More »Collection of government duties/ taxes on 30th and 31st March 2023
Karachi, March 30, 2023 (PPI-OT): (SBP)In order to facilitate the taxpayers in payment of Government duties / taxes, it has been decided on the request of Federal Board of Revenue (FBR) that all branches of banks including National Bank of...
Read More »Branches of authorized banks to remain open on Saturday and Sunday for The collection of Hajj Application Forms along with dues for Hajj 2023
Karachi, March 24, 2023 (PPI-OT): In order to facilitate the intending pilgrims to deposit application forms along with dues for Hajj 2023, State Bank of Pakistan has directed 14 authorized banks to keep all their designated branches open from 09:00...
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