The Asia-Pacific Group on Money Laundering (APG) reviewed Pakistan's third Mutual Evaluation Report (MER) that detailed measures taken by the government to counter terror-financing and money laundering from February 2018 to October 2018, a press release by the finance ministry said on Wednesday...
The Pakistani delegation was led by State Bank of Pakistan Governor Reza Baqir...
KARACHI: The Islamic Banking Industry (IBI) invested 23 per cent more than the deposit growth during Jan-March 2021 (3QFY21) indicating the presence of large liquidity, the State Bank of Pakistan (SBP) said on Friday...
In its quarterly Islamic Banking Bulletin, the SBP noted that deposit base of IBI grew by Rs68 billion during 3QFY21 while investments went up by Rs84bn...
ISLAMABAD: The National Accountability Bureau (NAB) has decided to introduce an internal monitoring and evaluation system (MES) to improve its performance and ensure early disposal of cases...
During the hearing of a case in the Supreme Court on Thursday, NAB Chairman Qamar Zaman Chaudhry had admitted that the bureau lacked a proper monitoring and evaluation system that could help it to analyse its performance...
This volume is a collection of original essays that attempt to shed light on tax policy in Pakistan...
However, previous works have been disseminated unevenly and remained largely out of reach of policymakers and researchers interested in tax policy, in general, and tax policy and administration in Pakistan, in particular...
LOS ANGELES: The International Olympic Committee (IOC) Evaluation Commission got the full Los Angeles experience on Thursday, playing basketball at the Staples Center, hitting Santa Monica beach and negotiating the city’s notorious traffic...
Earlier, this was a job for State Bank of Pakistan...
GENEVA: The UN human rights chief said on Friday that Philippine President Rodrigo Duterte, who has launched profanity-laced diatribes against United Nations rapporteurs, needs “psychiatric evaluation”...
Listing some of Manila’s actions against UN envoys, including filing terrorism charges against one, rights chief Zeid Ra’ad Al Hussein said “it makes one believe that the president of the Philippines needs to submit himself to...
ISLAMABAD: The government on Friday directed the Planning Commission to revive and strengthen its monitoring and evaluation sections to ensure real-time updates on development projects to avoid leakage and waste of public money...
The directions were issued after Prime Minister’s Inspection Commission (PMIC) expressed serious concerns over the prevailing practices in the project evaluation and monitoring, resulting among other things...
Indus Water Treaty talksMeanwhile, a five-member delegation, headed by Syed Mehar Ali Shah, is scheduled to visit New Delhi to attend the 118th meeting of the Indus Commission pertaining to sharing of waters between India and Pakistan under the Indus Waters Treaty signed in 1960...
Habibullah Bodla, chief engineer of the Punjab irrigation department; Pakistan Meteorological Department Director General Sahibzada Khan; Nespak General...
PM Shehbaz Sharif presents awards to representatives of Chinese companies operating in Pakistan under the CPEC, on Monday...
—PPI • PM commends council’s efficient approach, praises army chief’s unprecedented contributions • Assures Chinese investors of simplified procedures under CPEC, emphasises ‘true implementation’ISLAMABAD: The third apex committee meeting of Special Investment Facilitation Council (SIFC) on...
The State Bank of Pakistan has introduced Green Banking Guidelines (GBGs) and has given banks and development finance institutions a year to implement them...
The guidelines cover every aspect of banking...
ISLAMABAD: Moody’s Investors Service on Wednesday changed the outlook for the Pakistan banking system to stable from negative, reflecting the improvement in the country’s economic growth prospects...
“We expect strengthening the economy, together with the central bank’s accommodative monetary policy, to stimulate lending growth and support the banking sector’s loan performance over the next 12-18 months,” says Elena Panayiotou, a...
PESHAWAR: Before strengthening bilateral trade, Pakistan should facilitate Iran in banking transactions to help our traders, Iranian Ambassador to Pakistan, Mehdi Honardoost said on Monday...
Meeting with the business community of Khyber Pakhtunkhwa and office bearers of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), he said, “We are in the era of turning around our economy and Pakistan businesses should...
KARACHI: Six leading banks of the country emerged as winners in the first-ever banking awards in which awards were given in eight categories on the basis of performance and best practices at a ceremony held at the Mohatta Palace on Friday...
The banking sector in the country has covered a long distance and is currently well positioned to participate actively in its growth and development by expanding the banking net for universal...
ISLAMABAD: Iran’s envoy to Pakistan Mehdi Honardoost on Thursday regretted that establishment of bilateral banking ties was being delayed because of Islamabad’s ‘conservativeness’, while Iran-Pakistan (IP) gas pipeline project remained frozen...
He was speaking at a seminar at the Strategic Vision Institute (SVI) on “Contemporary Relations between Pakistan, Iran and Saudi Arabia: Present Challenges”...