Pakistan News

    Zaka Ullah State Bank Of Pakistan

  • PCB’s ‘pleasing BCCI’ policy giving Pakistan nothing, says Zaka

    LAHORE: Denouncing the current Pakistan cricket regime for what he calls its policy of “pleasing the BCCI” and getting nothing in return, Zaka Ashraf strongly believes the PCB should have appealed the International Cricket Council (ICC) in the Mohammad Hafeez bowling action case...

    Talking to Dawn, Zaka, the former PCB chairman, reckoned there had been a conspiracy hatched against Pakistan bowlers...

  • I opposed Big-Three formula till the end but Sethi spoiled stance, says Zaka

    LAHORE: Former chairman of the Pakistan Cricket Board (PCB) Zaka Ashraf who had stoutly resisted the Big-Three formula at the ICC during his tenure, on Thursday expressed his delight that finally common sense had prevailed at the game’s governing body and the Indian cricket board (BCCI) was voted out on governance structure and revenue model in Wednesday’s ICC meeting at Dubai...

    Najam Sethi [as the new chairman] accepted it and then...

  • Zaka hits out at PCB over handling of Hafeez's case

    LAHORE: Former chairman of Pakistan Cricket Board (PCB) Zaka Ashraf has expressed doubts over the Loughborough University’s test report of Mohammad Hafeez after the veteran all-rounder’s bowling action was declared illegal for the third time on Thursday...

    Talking to Dawn, Zaka said the best places for Pakistan players for bowling tests are South Africa and Australia rather than England and India, who both have a biased attitude...

  • Zaka calls for removal of selectors, support staff after T20 loss

    LAHORE: Former Pakistan Cricket Board (PCB) chairman Zaka Ashraf has demanded sacking of the entire support staff of the national team besides dissolving the national selection committee and PCB cricket committee after the pathetic performance of the team which lost the T20 series to New Zealand in Wellington on Friday...

    “The main think tank, comprising selectors, support staff and the cricket committee is responsible for the debacle...

  • Zaka blames Sethi for current turmoil with India

    LAHORE: Former chairman of Pakistan Cricket Board (PCB) Zaka Ashraf, while reacting strongly to PCB chief Shaharyar Khan and chairman of the executive committee Najam Sethi’s visit to India, has said that the duo should not have gone to the neighbouring country in the current circumstances...

    “The PCB chairman and Sethi went to Mumbai just on a courtesy call since there was no official agenda of the meeting, while the PCB was...

  • Withholding tax slows down bank deposit growth: State Bank

    KARACHI: Withholding tax (WHT) on financial transactions is acting against the goal of achieving financial depth, a State Bank of Pakistan’s (SBP) report said on Friday, highlighting that for the first time since 2009-10 the monetary expansion came more from currency in circulation than the bank deposit growth...

    The campaign could not sustain despite the fact that the business community, particularly retailers and medium-sized...

  • Nawaz says he will rid Pakistan of ‘state above state’

    LAHORE: As the Pakis­tan Muslim League-Nawaz (PML-N) prepares to give a rousing welcome to ousted prime minister Nawaz Sharif and his daughter Maryam Nawaz on their arrival in Lahore on Friday, the party supremo has pledged that he will liberate Pakistan from “those who are running a state above the state”...

    Speaking at a party conference in the ballroom of the Grosvenor House Hotel in central London’s Mayfair district, Nawaz Sharif...

  • Karachi costliest, Lahore cheapest city: State Bank of Pakistan

    KARACHI: Dispelling the impression that Islamabad is Pakistan’s costliest city, Karachi has emerged as the most expensive metropolis in the country while Lahore is the least expensive...

    According to State Bank’s Inflation Monitor, June 2016, inflation in Karachi – once known as a poor man’s city – has been at its highest level during the year, leaving the capital city of Islamabad way behind...

  • Coin commemorating Edhi to be issued by State Bank of Pakistan

    The State Bank of Pakistan (SBP) on Tuesday announced it will launch a special coin on March 31 in honour of late humanitarian and Edhi Foundation Chairman Abdul Sattar Edhi, a press release issued from the bank stated...

    He managed Pakistan’s largest welfare organisation almost single-handedly with the assistance of private donations...

  • Pakistan's State Bank governor calls India's cash clampdown 'extreme'

    State Bank of Pakistan (SBP) Governor Ashraf Mahmood Wathra has called India's shock clampdown on cash an “extreme” step to boost financial inclusion, tax collection and battle graft...

    Bloomberg News pointed out that South Asian countries, including India and Pakistan, are trying to bring more people in the formal economy and stop avoiding tax...

  • Bahrain's Bank Alkhair gets nod to sell stake in Pakistan's Burj Bank

    Bahrain-based Bank Alkhair said on Wednesday it had received approval from the State Bank of Pakistan to sell its stake in Pakistan's Burj Bank to a subsidiary of Bahrain's Al Baraka Banking Group...

    Al Baraka, one of the Gulf's top Islamic banks, had said in September that its Pakistani unit, Al Baraka Pakistan, would merge with Burj Bank to create an institution with assets totalling more than $1...

  • State and non-state actors

    It is not just cross-border involvement but also the activities of banned outfits at home that raises questions about how much control the state really has within its own domain...

    Then there is also the question of whether or not we are really serious about getting rid of all violent non-state actors that have become a pervasive challenge to state authority...

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