Pakistan

Statement by IMF's Rato on earthquake disaster

Rodrigo de Rato, Managing Director of the International Monetary Fund (IMF), made a statement on Saturday 8 October in Washington, D.C. regarding the earthquake affecting Pakistan, north India and Afghanistan.

Pakistan's Husain on anti-money laundering

In a speech given on 29 March Ishrat Husain of the State Bank of Pakistan said the SBP has signed MOUs with a number of central banks for the exchange of information and expertise covering anti-money laundering and terrorist-financing areas.

State Bank of Pakistan - Annual Report 2003-2004

The State Bank of Pakistan has published its Annual Report for the year 2003-2004. The annual report said strong GDP growth in 2003-04 was led by the large-scale manufacturing sector, which was fuelled by higher demand stemming from a record growth in…

Pakistan's Husain on South Asian economies

In a speech on 'Future challenges facing South Asian economies' given on 26 August, Ishrat Husain of the State Bank of Pakistan said South Asian countries have undergone remarkable improvement in their economic landscape during the last ten years or so…

SBP's Husain on economic development in South Asia

In the speech 'Economic development in South Asia and the impact of globalization' given on 11 July Dr Ishrat Husain of the State Bank of Pakistan said South Asia has made substantial progress in the last decade to integrate in the World economy but…

Combined ATM system starts in Pakistan

Dr Ishrat Husain, the governor of the fState Bank of Pakistan (SBP), has inaugurated the two ATM switches, Mnet and 1-Link, at a ceremony held at the SBP building.

Pakistan plans to open ATM service in Afghanistan

Afghanistan's banking sector will move over the next few weeks from comprising just six rundown specialist banks to one where several international commercial operations compete for business, according to Afghanistan's central bank chief.

State Bank of Pakistan - Annual Report 2002-2003

The State Bank of Pakistan has published its Annual Report for the year ended 2002-2003. The SBP said that the increase in forex reserves - through either non-debt creating inflows is extremely positive - has left the country well placed to further lower…

Ishrat Husain on the banks' write-off

In the speech 'An Analysis of the Banks' Write-off (1999-2003)' given on 26 July, Dr Ishrat Husain of the State Bank of Pakistan devoted his remarks to addressing the question of write-offs by Public Sector Banks/Development Finance Institutions (DFIs)…

Pakistan economy stable, says State Bank governor

Stressing the stabilty of the exchange rate and liquidity in the market, the The governor of the State Bank of Pakistan, Ishrat Hussain, said war would not require an immediate response from the central bank. Higher oil prices have, however, led the…

Husain on State Bank Of Pakistan and Regulation

SPEECH - In the speech 'Regulatory Strategy Of The State Bank Of Pakistan' Ishrat Husain of the State Bank Of Pakistan said the two major determinants of functional efficiency of financial system are market structure and the regulatory framework and the…

Interview with Afghan central bank chief Ahadi

INTERVIEW - The head of the Afghan Central Bank, Anwar al-Haq Ahadi, has hailed the stability of the afghani since new banknotes were introduced. Speaking in an interview with Iranian radio, Ahadi also said that forgery was a problem, with forged…

SBP to unveil monetary policy paper in Feb

Pakistan's central bank plans to publish a document that will outline its monetary stance for the months ahead, a central bank spokesman has said. This would be the first time the central bank has issuing such a document, which is likely to come out in…

Challenges to Central Banking

REPORT - Learnings from the International Conference on "Challenges to Central Banking from Globalized Financial System" (held at the IMF in Washington D.C. 16-17 September, 2002.) Published by the State Bank of Pakistan.

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