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The State Bank of Pakistan (SBP) (Urdu: بینک دَولتِ پاکِستان) is the Central Bank of Pakistan. Its Constitution , as originally laid down in the State Bank of Pakistan Order 1948, remained basically unchanged until 1 January 1974, when the bank was nationalised and the scope of its functions was considerably enlarged.
At the end of March 2022, the State Bank of Pakistan's reserves stood at $11.425bn, but they gradually tanked to an almost four-year low of $6.715bn on 2nd December. Pakistan's foreign exchange reserves equal to just five weeks of merchandise imports. The consistent depreciation of the rupee is said to be deepening the economic crisis.
Here is a list of the governors of the State Bank of Pakistan. List of governors. No Governor Took office Left office Time in office 1 Zahid Hussain: 10 June 1948
This is a list of Pakistani administrative units by their gross state product (GSP) (the value of the total economy, and goods and services produced in the respective administrative unit) in nominal terms. GSP is the unit-level counterpart of the national gross domestic product (GDP), the most comprehensive measure of a country's economic activity.
Shamshad Akhtar is a Pakistani development economist, United Nations diplomat, banker and politician who served as the caretaker finance minister of Pakistan from 2023 to 2024 as well as from 5 June 2018 to 18 August 2018. [1] [2] Prior to that, she served as the 14th Governor of the State Bank of Pakistan, the first woman to assume this position.
The data centre was launched by the Governor of the State Bank of Pakistan, the British High Commissioner, and the Representative of the United Nations Office on Drugs and Crime (UNODC) at the Head Office of Financial Monitoring Unit (FMU) located in Karachi.
Economy of Pakistan Karachi, the financial hub of Pakistan Currency Pakistani rupee (₨) (PKR) Fiscal year 1 July – 30 June Trade organisations ECO, SAFTA, WTO, AIIB, ADB, and others Country group Developing economy Lower-middle income economy Statistics Population 241,499,431 (5th, 2023 Census) GDP $374.90 billion (nominal ; 2024) $1.57 trillion (PPP ; 2023 est.) GDP rank 46th (nominal ...
In 2018, there were 50.565 million bank accounts in Pakistan for its population of 207.77 million, resulting in a penetration rate of 24.34%. There were 15,053 bank branches, 14,148 ATMs, and 53,269 POS machines active in the country. On 28 April 2022, the Federal Shariat Court (FSC) announced a verdict in a case on Riba, declaring all the ...