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Tag: scheduled banks

Pakistan's debt update
Business
  • Web Desk
  • Sep 03, 2024
Govt’s total borrowing for FY25 surpasses Rs191 billion

The government of Pakistan has borrowed Rs39.21 billion during the week ending on August 23, 2024.

Pakistan broad money supply
Business
  • Web Desk
  • Jul 20, 2024
Scheduled banks’ deposits jump 22 per cent in one year

The total deposits held by scheduled banks in Pakistan have surged by 22.0 per cent year-on-year (YoY), reaching Rs31.12 trillion in June 2024, compared to Rs25.51 trillion in June 2023.

Pakistani currency bank notes
Business
  • Web Desk
  • Jul 09, 2024
Govt borrowed Rs8.3 trillion in FY24 from scheduled banks, SBP data shows

In the fiscal year 2023-24, the government has significantly increased its domestic debt, reaching unprecedented levels.

Pakistan's debt and interest payments
Business
  • Web Desk
  • Mar 19, 2024
Govt borrowing update: Pakistan’s debt surges by Rs161.9 billion

Pakistan’s financial landscape witnessed a surge in government borrowing as it acquired an additional debt of Rs161.9 billion in the week concluding on March 8, 2024.

Pakistani bank deposits increase
Business
  • Web Desk
  • Mar 06, 2024
Banks in Pakistan record 1.26% increase in monthly deposits

The total deposits held by scheduled banks in Pakistan have witnessed a robust year-over-year increase of 21.66 per cent.

Government of Pakistan repays debt
Business
  • Web Desk
  • Mar 05, 2024
Govt borrowing update: debt increases by Rs135.46 billion in one week

In the latest financial update, the government of Pakistan has added Rs135.46 billion to its debt during the week ending February 23, 2024.

Pakistan debt
Business
  • Web Desk
  • Feb 27, 2024
Pakistan clears Rs162.87 billion debt

The Government of Pakistan has retired a substantial debt of Rs162.87 billion in the week ending February 16, 2024.

Pakistani bank deposits
Business
  • Web Desk
  • Feb 26, 2024
Banks see 21% increase in overall deposits, surpassing Rs27 trillion

The total deposits held by scheduled banks in Pakistan witnessed a surge of 21.03 per cent, reaching Rs27.54 trillion.

Govt debt
Business
  • Web Desk
  • Feb 07, 2024
Pakistan retires Rs84.34 billion debt, total borrowing reaches Rs2.34 trillion

The government of Pakistan successfully retired a debt of Rs84.34 billion during the week ending January 26, 2024.

PEPRA employees
Business
  • Web Desk
  • Nov 17, 2023
Govt borrows Rs1.8 trillion from banks in less than four months

The government has undertaken substantial borrowing, amounting to Rs1.8 trillion from scheduled banks between July 01 and October 06, 2023.

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