Tag Archives: SBP launches three groups for invesment abroad

KARACHI: The State Bank of Pakistan (SBP) on Wednesday introduced three new categories of foreign investments under its revised policy governing equity investment abroad. Banks have been authorised to allow remittances under the newly introduced categories, the SBP said, adding that it has “modernised the foreign exchange manual to facilitate startups, fintechs and exports”. The central bank said the new …

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