Tag: Jameel Ahmad
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Pakistan eyes up to $4 billion from Middle Eastern banks by 2026, says SBP governor
Pakistan plans to raise up to $4 billion from Middle Eastern commercial banks by the fiscal year 2026, according to the Governor of the State Bank of Pakistan (SBP), Jameel Ahmad.
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Monetary policy committee maintains status quo: SBP keeps policy rate at 22% to tackle elevated inflation
In a decision announced on Monday, the Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has opted to maintain the status quo, retaining the key policy rate of 22 per cent.
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Govt appoints Jameel Ahmad as Governor SBP for 5 years
According to a Finance Division announcement on Friday, the government has appointed Jameel Ahmad as Governor of the State Bank of Pakistan (SBP) for a tenure of five years, effective immediately. “In exercise of powers conferred under Section 11A (1) read with Section 14(1) of the State Bank of Pakistan (SBP) Act 1956 (Amended 2022),…