Pakistan receives $1.05b from IMF

The State Bank of Pakistan (SBP) Monday said it has received $1.05 billion under the International Monetary Fund’s (IMF) three-year Extended Fund Facility (EFF). The fresh receipts have been transferred by the


SBP accepts Rs 20b bids for Sukuk purchase

The State Bank of Pakistan (SBP) on Monday accepted bids of Rs 20.3 billion during its open market operation for outright purchase of Government of Pakistan’s Ijara Sukuk from SBP. The bids


FDE’s ghost teachers sucking kitty dry

More than a thousand daily wagers bemoan salary delay while 150 teachers draw salaries without having to work   With the connivance of the staff of Federal Directorate of Education (FDE), as