The Head/Principal Offices of
Authorized Dealers in Foreign Exchange,
Foreign Airlines /Agents/Pakistani Airlines.

Dear Sirs,

Monthly Statement of Receipts/Earnings &
Payments/Expenditure of Foreign/Pakistani Airlines

Pursuant to the adoption of International standards for Balance of Payments compilation in accordance with the instructions contained in the 5th edition of the Manual (BPM5) of the IMF, the information required to be gathered has been diversified.

The questionnaire for collection of data on the earnings and expenditure of Foreign Airlines has accordingly been redesigned which will replace the Monthly Statement by foreign Airlines in respect of their passage and freight earnings as also their disbursements in Pakistan on Form FP Airline-Appendix V-34 of Volume II of FE Manual (8th Edition-2002). The same is attached, which may please be used for future reporting.

Further, the questionnaire for collection of data on the Receipts and Payments of Pakistani Airlines has also been redesigned which will replace Statement by Pakistani Airlines on Appendix V-46 (Volume II of FE Manual-8th Edition, 2002) showing Consolidated Summary of Foreign Exchange Receipts/Payments. The same is attached, which may please be used for future reporting. It should, however, be ensured that the data is submitted after getting verified from Auditors.

You are, therefore, advised that the captioned statements from the month of June, 2003 onwards may please be sent to Statistics Department on the enclosed format.

In case of any difficulty /query, the matter may please be referred to the Director, Statistics Department, State Bank of Pakistan or e-mail bop.query@sbp.org.pk.

Please bring the above to the notice of your all constituents.

Annex 1

Annex 2

Annex 3