Pakistan
ACU to discuss payment systems efficiency
Members of the Asian Clearing Union (ACU) will meet in Dhaka this week to discuss ways to make their payment systems easier to use to boost trade, a Bangladesh central bank official told Reuters.
State Bank of Pakistan - Annual Report 2004-2005
According to the State Bank of Pakistan's Annual Report 2004-2005, the year remained eventful in many aspects including record high economic growth.
Comment: Talking points in January
January has been an eventful month in central banking circles. Debate intensified at the Federal Reserve and the Bank of Japan over their monetary policy frameworks, while the Bank of Italy and the State Bank of Pakistan saw new governors taking office…
First woman takes over as SBP chief
The first woman ever to be appointed as the governor of the State Bank of Pakistan (SBP) took up her position on Monday 2 January.
State Bank of Pakistan appoints governor
The President of Pakistan appointed Dr Shamshad Akhtar as governor of the State Bank of Pakistan on Saturday 3 December for a period of three years.
Comment: How will Shamshad Akhtar manage Pakistan?
Labouring under the onerous task to reconstruction following the terrible October 8 earthquake, which killed more than 40,000 people, and has left 3 million homeless, at least Pakistan has recently made notable economic progress.
State Bank of Pakistan governor retires
The governor of the State Bank of Pakistan, Dr Ishrat Husain, retired on Thursday 1 December. Tawfiq A. Husain was appointed as acting governor with effect from Friday and till the appointment of a regular governor.
Aid response "not so great" - Husain
Pakistan's central bank governor, Dr Ishrat Husain, has expressed his disappointment at the "not so great" aid response to the devastating earthquake which hit the country last month.
IMF's Rato announces travel plans
IMF Managing Director Rodrigo de Rato announced his intention to travel to China, Pakistan, Saudi Arabia and Belgium from 14-20 October.
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 Hussain plans economic think tank
The governor of the State Bank of Pakistan, Dr Ishrat Hussain, has said he intends to establish an Economic Think Tank in Pakistan soon after his retirement.
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.
SBP's Husain against hasty rate increases
Ishrat Husain, the governor of the State Bank of Pakistan, said on Tuesday 11 January in an interview that the SBP will be wary of hasty interest rate hikes for fear of hampering economic growth.
Fund: Pakistan on course, but inflation a worry
The IMF has released details of its recent article IV surveillance of Pakistan.
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.
Pakistan to bring in new bank monitoring system
The State Bank of Pakistan said on 9 January that it is to introduce a new system of surveillance, monitoring and supervision of banks.
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)…
Forex reserves to record highs in India, Pakistan
Forex reserves in India and Pakistan have reached record highs this week, Business Line, India, reports.
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…