The federal government of Pakistan has appointed Jameel Ahmad as the new governor of the State Bank of Pakistan (SBP) for the next five years. A notification issued by the Finance Ministry reads, “Jameel Ahmad is appointed as governor State Bank of Pakistan for a term of five years with the approval of the president […]

In the recent news, Finance Minister Miftah Ismail has stated that the bar on the appointment of dual nationals as the State Bank of Pakistan (SBP) Governor has delayed the appointment of the critical position. Moreover, the finance minister, who was speaking in a local news outlet interview stated that he has offered the position […]

One of the main reasons behind the State Bank of Pakistan increasing interest rate is the soaring inflation in the country stated the acting SBP governor, Dr. Murtaza Syed. Consumer costs have risen in recent months and Pakistan needs to cool its economy, the governor noted that inflation hit a two-year high of 13.4% in […]