State Bank of Pakistan Reports Record Profit of Rs3.4 Trillion: Implications for the Government and Economy
In a remarkable financial turnaround, the State Bank of Pakistan (SBP) reported an unprecedented profit of Rs3.4 trillion for the fiscal year 2023-24 (FY24). This substantial profit is set to play a crucial role in supporting a cash-strapped government facing escalating debt servicing costs. According to Mohammed Sohail, CEO of Topline Securities, this profit eclipses […]