Senate approves SBP amendment Bill

MG News | January 28, 2022 at 12:25 PM GMT+05:00

0:00

January 28, 2022 (MLN): Senate of Pakistan, on Friday has approved SBP amendment Bill 2021, as 44 votes were cast in favour of the bill compared to 43 against the bill.

Having the SBP amendment bill passed by the Senate was mandatory for the government to revive International Monetary Fund’s (IMF) stalled $6 billion Extended Funding Facility (EFF) programme.

Finance Minister Shaukat Tarin tabled the bill which was approved with a slight majority.

Earlier, on Wednesday the finance minister had requested the IMF to postpone Pakistan’s sixth review as the SBP amendment Bill was yet to be approved by the Senate. The meeting of the IMF Executive Board will now be held on February 2, 2022.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	161,692.49 162.00M	-0.18% -291.59
ALLSHR	97,919.24 589.24M	-0.28% -270.69
KSE30	49,080.07 50.96M	-0.17% -81.29
KMI30	230,184.09 53.45M	-0.28% -645.71
KMIALLSHR	63,462.88 224.57M	-0.42% -269.19
BKTi	43,898.94 17.87M	-0.15% -66.83
OGTi	31,421.67 4.93M	-0.57% -181.03

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	87,050.00	88,770.00 86,135.00	-2125.00 -2.38%
BRENT CRUDE	62.64	63.36 61.60	-0.73 -1.15%
RICHARDS BAY COAL MONTHLY	85.00	0.00 0.00	0.05 0.06%
ROTTERDAM COAL MONTHLY	96.30	0.00 0.00	0.45 0.47%
USD RBD PALM OLEIN	1,016.00	1,016.00 1,016.00	0.00 0.00%
CRUDE OIL - WTI	58.11	58.96 57.10	-0.73 -1.24%
SUGAR #11 WORLD	14.90	14.97 14.79	0.08 0.54%