Glass half full at SBP
Looks like they’re having problems with their audio system over there at the State Bank. It’s getting a little hard to tell which song they’re playing. There’s a track record…
SBP likely to slash rate by 50bps
Concerned with a declining private investment spending and unable to rein in record government spending, the State Bank of Pakistan (SBP) has radically shifted its monetary policy focus, slashing policy…
SBP’s Russian roulette?
Shaheed Benazir Bhutto’s second government, under its Financial Sector Reforms, granted autonomy to the State Bank of Pakistan (SBP). In January 1997, Malik Meraj Khalid’s government strengthened that autonomy. In…
The SBP and the economy
On June 8 the State Bank of Pakistan (SBP) issued a brief statement on the country’s economic situation, while announcing no change in its policy rate for the next two…
It’s SBP’s job to defend PKR
Following a turbulent and nervous start of the week that pushed Rupee to a new all-time low of 91.33 against US Dollar, some stability was witnessed in the interbank market…
Bipolar banking at SBP
A few years ago, while in conversation with one of the country’s leading businessmen, I was taken aback by something he said. “I know how the fiscal deficit can be…
SBPs report and governments LoI to IMF
State Bank of Pakistan (SBP) second quarterly report on the state of the economy reveals that three-fourths of total government revenue (75 percent) is being spent on defence and interest…
