Pakistan
Pakistan confronts inflation with 100bp hike
Third consecutive increase may be last for a while, MPC says
State Bank of Pakistan hikes interest rate by 150 basis points
IMF reached “staff-level” agreement with Pakistan for long-awaited loan two days after the hike
Saudi Arabia boosts Pakistan’s reserves
Package from Saudi development fund comes as Pakistan’s balance of payments issues ease
Third parties often develop RTGS technology
Seventy-one percent of respondents said technology underpinning RTGS system was developed by a third party
The winners of the 2021 FinTech RegTech Global Awards
Fourth annual tech awards recognise excellence among central banks and the firms they work with
The Belt and Road Initiative 2021 Survey – The impact of Covid‑19 on the BRI
The fourth annual Belt and Road Initiative survey reveals that the Covid‑19 pandemic has disrupted many projects despite China remaining committed to financing the initiative, which is expected to support future economic growth and environmental…
Pakistan government approves SBP autonomy law
Bill should secure central bank independence as required under IMF conditions, if it passes
SBP offers overseas Pakistanis access to digital banking services
Prime minister says he hopes the Roshan Digital Account will help channel foreign exchange to Pakistan
Iran’s race towards monetary policy reform faces high hurdle reality
Majlis’s Tohid Atashbar writes that the central bank’s new inflation targeting approach may struggle to deliver
IMF approves $1.4 billion transfer for Pakistan
Aid should be used to finance budget and bolster foreign reserves, IMF executive board says
The Belt and Road Initiative 2020 Survey – A more sustainable road to growth?
The third annual Belt and Road Initiative (BRI) survey reveals that central banks view BRI investment as sustainable compared with other forms of external debt, particularly given it is often proportionally less significant. Despite growing global trade…
Transfer season
Trade frictions with the US have caused a mass industrial transfer to China’s neighbours. Zhou Chengjun, IFF Academic Committee member and inspector of the Macro‑prudential Policy Bureau of the People’s Bank of China, says that shouldn’t stop China…
People: New deputies named; UK FCA picks interim chief
Argentina and Pakistan appoint deputy governors; Christopher Woolard to serve as FCA chief
SBP looks back on tough year for Pakistan
Lack of fiscal consolidation hampered central bank’s crisis response, annual report says
Pakistan sharply increases rates on higher inflation
Central bank increases policy rate by 100 basis points to 13.25%
IMF to propose amendments to Pakistan central bank law
Changes will support efforts to reverse government debt trajectory, the fund says
IMF gives Pakistan bailout, but demands central bank freedom
Imran Khan government must have flexible exchange rates and end monetary financing, IMF says
SBP hikes to 12.25% as inflationary risks grow
Government has been borrowing heavily from central bank and rupee has weakened
IMF staff strike deal for $6 billion Pakistan bailout
Mission chief says central bank should focus on inflation control and exchange rate flexibility
Former IMF official appointed SBP governor
IMF’s Egypt representative takes helm at State Bank of Pakistan as country seeks fund support
The IFF China Report 2019
Insight and perspectives from the world's leaders, premier policy-makers and financiers
The IFF China Report 2019: The Bay Area Development
Located at the start of the Maritime Silk Road, the Guangdong–Hong Kong–Macau Greater Bay Area seeks to harness advanced technology and green finance to catch up with the economically advanced bay areas of New York, San Francisco and Tokyo.
The IFF China Report 2019: The Belt and Road Initiative
Over the past five years, China has invested more than $70 billion in Belt and Road Initiative (BRI) countries, of which there are now in excess of 100. Leading Chinese and international policy-makers explain how BRI efforts are progressing. This section…
The Belt and Road Initiative 2019 Survey – A new driver for globalisation?
The second Belt and Road Initiative (BRI) Survey of 28 central banks reveals that they view the BRI as a major driver of globalisation, with a high percentage of respondents expecting the initiative to provide a significant boost to GDP. So far,…