Usman Hanif

2 days ago | tribune.com.pk | Usman Hanif

KARACHI: High-value transactions in Pakistan continue to rely significantly on paper-based and over-the-counter (OTC) methods, indicating issues of trust or accessibility in digital high-value channels. While 89% of Pakistan's retail payments are now conducted through digital channels, they represent just 29% of the total transaction value — Rs48 trillion out of Rs164 trillion — according to the State Bank of Pakistan (SBP)'s latest Payment Systems Quarterly Review.

3 days ago | tribune.com.pk | Usman Hanif

KARACHI: Gold prices in Pakistan registered a sharp decline on Tuesday, mirroring the downtrend in the international market where bullion slipped nearly 2% to hit a more than two-week low as geopolitical tensions cooled. The global drop came as investor demand for safe-haven assets eased following Trump's announcement of a ceasefire between Iran and Israel.

4 days ago | tribune.com.pk | Usman Hanif

KARACHI: Pakistan is likely to feel the burnt of the escalating tensions following Israel's attack on Iran, which has been further exacerbated by the United States' involvement. This situation is causing a rise in oil prices, which is expected to significantly affect domestic fuel prices in Pakistan. As global oil benchmarks continue to rise due to the increasing geopolitical tensions in the Middle East, Pakistani consumers may face another sharp increase in fuel costs.

6 days ago | tribune.com.pk | Usman Hanif

KARACHI: Owing to massive inflation-driven increases in nominal collections, sharp currency depreciation, and a greater reliance on indirect taxes, the Federal Board of Revenue (FBR) has achieved its annual revenue growth rise from an average of 18% over the past decade to 24% in the recent five years. The FBR has demonstrated a remarkable acceleration in tax collection growth over the past five years, surpassing the average pace observed over the preceding decade.

1 week ago | tribune.com.pk | Usman Hanif

KARACHI: The State Bank of Pakistan (SBP) conducted one of the highest Open Market Operations (OMOs) on June 20, 2025, injecting liquidity worth a substantial Rs14.3 trillion into the banking system to meet temporary and structural liquidity requirements. According to official data, the SBP accepted Rs13.93 trillion through a conventional reverse repo (injection) at a rate of return of 11.03% per annum across 36 quotes.