Pakistan grants $1 billion loan to two Middle East banks: FinMin Aurangzeb Blogging Sole

Pakistan grants  billion loan to two Middle East banks: FinMin Aurangzeb

 Blogging Sole

Finance Minister Muhammad Aurangzeb speaks during an interview with Reuters at his office in Islamabad, Pakistan, July 19, 2024. — Reuters/File Pakistan signs term sheets, one bilateral, one for trade: FinMin. The first evaluation of the EFF is scheduled for the end of February, says Aurangzeb. The minister invites global players to invest in priority … Read more

Banks will remain closed to public negotiations on January 1 Blogging Sole

Banks will remain closed to public negotiations on January 1

 Blogging Sole

An undated photo of the State Bank of Pakistan building. — AFP/File KARACHI: The State Bank of Pakistan (SBP) on Friday announced that all banks and financial institutions will remain closed for public transactions on January 1, 2025 (Wednesday), which will be considered as a ‘public holiday’. In a statement, the central bank said development … Read more

Banks will remain open this weekend to receive applications for Hajj 2025 Blogging Sole

Banks will remain open this weekend to receive applications for Hajj 2025

 Blogging Sole

Muslim pilgrims tour the Kaaba and pray at the Grand Mosque in the holy city of Mecca, Saudi Arabia, July 1, 2022. — Reuters To facilitate citizens, the State Bank of Pakistan (SBP) has announced that designated banks will remain open on Saturday, November 30 and December 1 to receive applications for Hajj 2025 across … Read more

FBR’s new payment system eliminates the need for taxpayers to visit banks Blogging Sole

FBR’s new payment system eliminates the need for taxpayers to visit banks

 Blogging Sole

This image published on March 3, 2022 shows the FBR building. — Facebook/Federal Revenue Council System guided by the government’s vision to modernize tax infrastructure. The new system would eliminate the need for physical visits to the bank. This marks a significant advancement in revenue management. The Federal Board of Revenue (FBR) on Wednesday introduced … Read more