Xinhua Net: Pakistan loans demand surges during Q2 of FY18: central bank

State Bank of Pakistan. (Shutterstock)
Updated 16 February 2018
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Xinhua Net: Pakistan loans demand surges during Q2 of FY18: central bank

February 16: Xinhua Net states that the State Bank of Pakistan (SBP) said that Pakistan's overall demand for loans surged during the second quarter of the Financial Year 2017-18 (FY18) and predicted the demand to stay strong during the next quarter.
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Dawn: FBR set to access details of Pakistanis’ offshore accounts

Updated 24 August 2018
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Dawn: FBR set to access details of Pakistanis’ offshore accounts

August 22: Dawn report by Khaleeq Kiani states that as a signatory to a multilateral convention of the Orga­nisation for Economic Cooperation and Development (OECD), Pakistan will be eligible to officially access information about offshore financial accounts of Pakistani residents with effect from Sept 1. Official records seen by Dawn suggest that the Federal Board of Revenue (FBR) is ready to make the process of accessing information about offshore financial accounts of Pakistani residents held in the signatory countries operational from September onwards.

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