Pakistan
Anwar stresses rising importance of Islamic finance
Governor of the State Bank of Pakistan discusses developments in Islamic finance and calls for innovation to continue
Pakistan’s Anwar wants updated microfinance regulatory framework
State Bank of Pakistan governor Yaseen Anwar says considerable work is still needed to regulate microfinance institutions effectively
Interview: Yaseen Anwar
The new governor of the State Bank of Pakistan tells Yusuf Yassin about the role he wants the central bank to play in the development of physical and financial infrastructure
State Bank of Pakistan’s acting head stays on as governor
State Bank of Pakistan acting governor Yaseen Anwar becomes third governor in less than a year and a half to head the central bank, after taking role on permanent basis
Pakistan accepts governor’s resignation
State Bank of Pakistan governor Shahid Kardar's resignation confirmed, ending days of speculation over his future at the central bank
Uncertainty over resignation of Pakistan governor continues
State Bank of Pakistan spokesperson says governor Shahid Kardar's resignation has 'not yet' been accepted
State Bank of Pakistan left in dark over governor’s resignation
Reports emerge that State Bank of Pakistan governor Shahid Kardar has resigned just over a year into job; central bank staff say they are unaware of any changes
Pakistan adopts wait-and-see tack despite high inflation
State Bank of Pakistan, buoyed by improvement in government borrowing, current account surplus, thwarts expectations of rate hike
Pakistan's Kardar on domestic inflation dynamics
State Bank of Pakistan governor Shahid Kardar explains burgeoning price growth; cites government spending on subsidies as a factor
State Bank of Pakistan blames government for rate hike
Pakistani central bank says 50 basis point interest rate hike made necessary by government’s excessive borrowing
Pakistan’s Shehzad: corruption burdens banking sector
State Bank of Pakistan deputy governor Muhammad Shehzad discusses central bank’s campaign against corruption
Pakistan confirms Kardar as governor
Former regional finance minister Shahid Kardar appointed as governor of State Bank of Pakistan for three-year term
Pakistan set to pick bureaucrat as next governor
Islamabad looks likely to break with trend and pick former government official Shahid Kardar as next State Bank of Pakistan governor, reports say
Pakistan set to appoint new governor in coming weeks
State Bank of Pakistan says new governor must be in place by beginning of September, but no frontrunners yet
Economic cycles in Middle East, North Africa and Pakistan
New IMF paper analyses recessions and recoveries in Middle East, North Africa and Pakistan
Pakistan cuts against Fund advice
State Bank of Pakistan cuts rates, against International Monetary Fund advice, as inflation slows
Interest rate corridor for Pakistan
State Bank of Pakistan to change its policy rate structure
Pakistan calls for second IMF loan
Islamabad is to ask the International Monetary Fund (IMF) for a second multi-billion dollar loan to temper the impact of its counter-terrorism measures on its already-fragile economy. News of Pakistan's request follows the Fund's announcement on Friday…
Raza nominated to replace Akhtar
Saleem Raza, a former executive at Citigroup, has been nominated as the new governor of the State Bank of Pakistan, after the unexpected resignation of Shamshad Akhtar.
Pakistan lifts rates to stem crisis
The State Bank of Pakistan raised interest rates by 2% in an attempt to control inflation, which has spiralled to 25%.
Pakistan's Akhtar: inflation alert
High inflation is hurting Pakistan's competitiveness and eroding the purchasing power of the poor, said Shamshad Akhtar, the governor of the State Bank of Pakistan.
Inflation and fiscal deficit force Pakistan to act
The State Bank of Pakistan has raised its benchmark rate by a full percentage point to 13% in a bid to combat rampant inflation, and a worsening fiscal deficit.
Pakistan's plans consolidated supervision
Pakistan's central bank is moving towards a consolidated supervision system, said Shamshad Akhtar, the governor of the State Bank of Pakistan, in a speech detailing a ten-year strategy for the financial sector.
Pakistan raises rates 150bp
The State Bank of Pakistan hiked rates to 12% on Thursday.