A foreign currency dealer counts US dollars at a shop in Karachi, Pakistan, May 19, 2022. — AFP/FileUpsizing reflects stronger investor demand: adviser.Govt exercises Green Shoe Option to expand issuance.Adviser says upsizing built momentum for future issuances.The…
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Pakistan, Saudi Arabia ink deal to extend $3bn deposit
SBP Governor Jameel Ahmad and SFD Chief Executive Officer Sultan bin Abdulrahman Al-Marshad sign an agreement in Washington, US, April 17, 2026. — X/@FinancegovpkDeal provides for extension in maturity of SFD deposit.FinMin Aurangzeb witnesses signing of agreement.Deal inked on…
Ministry says rooftop solar output to exceed grid demand in some hubs next year
A customer purchasing solar panel from a vendor at the Station Road, Hyderabad on May 14, 2024. — APP
Country’s emissions and some power bills are down.Electric utilities struggle with weak demand, high debt.Climate ministry says Lahore could see negative power…
SBP receives final $1bn from Saudi Arabia, fresh deposit reaches $3bn
A moneychanger counts $100 banknotes at an exchange company. — Reuters/FileSecond tranche follows earlier $2bn deposit inflow.Saudi support boosts reserves amid external financing pressures.IMF programme targets reserves above $18bn by June.
The State Bank of Pakistan has…