Aa
Aa
Aa
-
A
+
Profit repatriation soars as ‘SBP eases control’
KARACHI: The repatriation of profits and dividends in July this year surged compared to the same month last year, reflecting a major policy shift by the State Bank of Pakistan (SBP), which had maintained stringent control over outflows during the previous fiscal year.
According to the latest data released by the SBP on Wednesday, profit and dividend outflows reached $139.1 million this July, a sharp rise from just $2.2m in the same month last year.........
© Dawn Business
visit website