A recent initiative by the State Bank of Pakistan (SBP) Summer Internship Program, scheduled to run from June 24 to August 02, 2024, at SBP Karachi. Pakistani/AJK nationals possessing valid CNIC/NICOP/Pakistani passports are encouraged to apply.
Eligibility Criteria:
- Students must have completed at least two out of four years in a Bachelor’s degree program or be currently enrolled in a Master’s program.
- Eligible disciplines include Human resources, agriculture, media sciences/mass communication, information systems, technology, accounting, finance, commerce, commerce, public administration, business administration, accounting, statistics, and mathematics.
- Candidates must have a minimum GPA of 3.00 out of 4.00 or 4.00 out of 5.00, or, if appropriate, 70% of the available points.
- Eligibility criteria must be met at the time of application; graduates or students awaiting results are not eligible.
Application Procedure:
- Incomplete applications will not be considered.
- applications sent by surface mail, in-person, or email will not be accepted.
- For technical issues, applicants can contact SBP via email at TechsupportInternship@sbp.org.pk.
Application Deadline:
- The deadline for online applications is February 15, 2024.
Selection Process:
- Shortlisted candidates will be notified by March 15, 2024.
- Shortlisted candidates must submit scanned attested copies of the last semester’s official transcript, CNIC/NICOP/valid Pakistani passport and domicile, along with a passport-size photograph.
- Attempting to influence the selection process will lead to disqualification.
- Those that are chosen will get an email acknowledging further instructions.
Internship Details:
- The internship will take place exclusively at SBP Karachi.
- Selected interns will not receive payment for travel expenses or accommodation.
How to Apply:
- Interested individuals can apply through the provided link HERE.
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Key Highlights:
- The policy addresses challenges associated with extracting production from tight gas reservoirs.
- Incentives include a 40% premium on the zonal price for tight gas reserves.
- Royalty is set at 12.5% of the value of petroleum at the field gate.
- It is possible to carry forward operating losses for up to fifteen years.
- Abandonment costs follow the provisions of the Finance Act 2010.
- The policy allows for the suspension of production for up to one year, subject to justifications.
- Disputes may be addressed within 30 days from the final decision by the Authority.
The goal of the policy is to narrow the supply-demand mismatch. and encourage technology transfer in the oil and gas industry.
Good information