Karachi, October 21, 2020 (PPI-OT):Deposit Protection Corporation (DPC) is pleased to announce the formal launch of its website, accessible at http://www.dpc.org.pk. Through this website DPC has embarked upon a more depositor-centric and responsive public awareness program. Launching of its own...
Karachi, October 16, 2020 (PPI-OT):Dr. Reza Baqir launched the SBP FX Regulatory Approval System (RAS) for end-to-end digitalization of Foreign Exchange (FX) related case submission process today in a ceremony held in Karachi. At the invitation of Governor Baqir, Dr....
Islamabad, October 16, 2020 (PPI-OT):Ministry of National Food Security and Research, while rejecting the claims of wheat shortage in the country as fallacious, has clarified that sufficient wheat stocks are available to tackle with domestic requirements. In a press release...
Islamabad, October 15, 2020 (PPI-OT):A news report published in a section of press claiming that Pakistan’s foreign exchange reserves are depleting and that it would not be possible to float bonds unless the stalled IMF programme is revived, is completely...
Karachi:State Bank of Pakistan Sunday said that on 6th October 2020, the Federal Government issued Foreign Currency Accounts Rules, 2020 under the provisions of Protection of Economic Reforms Act, 1992. There has been no change in the general or special permissions given
Karachi:Building upon its earlier measure of setting mandatory target for banks to extend mortgage loans and financing for developers and builders, State Bank of Pakistan (SBP) has introduced a mechanism to incentivize meeting these targets. The mechanism also penalizes the banks for
Karachi:A report by ACCA (the Association of Chartered Certified Accountants) and IMA® (Institute of Management Accountants) finds the COVID-19 pandemic is accelerating the shifting of the CFO role. The CFO of the Future report, with data from global surveys and virtual roundtable