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Monthly Archives: June 2017

Pakistan Received $7.75 Billion During 2016-17 in Foreign Loans, Grants

The country provisionally received $7.747 billion i.e. 96 percent of budgeted estimates of foreign assistance from multilateral and bilateral donors in the current financial year (July-June). The Economic Affairs Division (EAD) data revealed that government borrowed $1.545 billion from commercial banks in the month of June, 2017 only. The China …

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SBP Issued Rs. 342 Billion Worth of New Currency Notes During Ramzan

The State Bank of Pakistan — through sixteen field offices of its subsidiary SBP Banking Services Corporation — has provided fresh cash of various denominations aggregated to Rs. 342 billion as against Rs 237 billion issued during last Ramadan. Of the total amount provided, commercial banks have been issued fresh …

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