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Governor State Bank

Central bank to announce its bi-monthly Monetary Policy today

KARACHI: The State Bank of Pakistan (SBP) would announce its decision with regard to its monetary policy for coming two months on Thursday (today), the bank said in a statement. The Monetary Policy Committee (MPC) of the central bank will meet today in Islamabad. After the meeting SBP Governor Tariq Bajwa will announce the Monetary Policy in a press conference in the capital city. Some economic analysts expect further 50 to 100 basis points hike in interest rate by the central bank at its bi-monthly interest rate…

IMF delegation arrives in Pakistan to hold talks on economy

ISLAMABAD: The delegation of International Monetary Fund (IMF) landed in Pakistan Thursday (today) on a week-long visit to hold talks with the new government's officials to review economic situation and monetary requirements of the country. The IMF mission headed by Herald Finger will meet the officials of Ministry of Finance, Governor State Bank and other officials of economic affairs during their stay. The IMF delegation is also expected to hold a meeting with Finance Minister Asad Umar. According to Finance…

SBP holds training workshop for journalists

KARACHI: State Bank of Pakistan (SBP) organized a two-day workshop for journalists, entitled Understanding Macroeconomics, Financial Sector and Banking,’ reporting on the economy and business on June 15-16, 2015 at Karachi.