World Bank approves $102 million package for Pakistan's microfinance sector
This project will be implemented by Pakistan's Ministry of Finance through the State Bank of Pakistan, marking the first of ...
Pakistan's central bank keeps policy rate unchanged at 12%, indicates rise in inflation
Pakistan's central bank decided to maintain the policy rate at 12% due to potential short-term inflationary pressures from ...
The Peninsula9d
Pakistan's forex reserves decrease by 152 mln USD
Islamabad: Foreign exchange reserves of the State Bank of Pakistan have decreased by 152 million U.S. dollars, according to a statement on the website of the central bank on Friday. During the ...
Devdiscourse13d
Pakistan's Central Bank Surprises with Rate Hold, Signaling Stability
The State Bank of Pakistan unexpectedly held its policy rate steady at 12%, breaking a six-month easing trend. This decision comes after reducing rates significantly from 22% in June 2024 under an IMF ...
World Bank3y
Reza Baqir
Dr. Reza Baqir was appointed as the Governor of State Bank of Pakistan by the President of Pakistan on May 04, 2019. Before this, Dr. Baqir had eighteen years of experience with the IMF, including as ...