POLITICAL STABILITY & ECONOMY

S.M. ABBAS ZAIDI, S.KAMAL HAYDER KAZMI,
Research Analyst
, PAGE
Apr 13 - 19, 2009

PAKISTAN'S ECONOMY
INDICATORS FY 2007-08 FY 2008-09
Balance of Payments ( US bn $) -15.29 -8.53 (July- Jan)
Exports( US bn $) 20.12 11.46(July -Jan)
Imports( US bn $) 35.41 19.99(July- Jan)
FDI( US mn $) 5152.8 2327.7(July-Dec)
Worker's Remittances( US bn $) 6.45 4.91 (July- Feb.)
Total Foreign Investment( US bn $) 5.45 2.23( July- Jan)
Inflation (%) 8.90 23.49
Exchange rate (Rs) - 80.4
GDP (%) 5.8 2.5
Foreign Exchange Reserves (US bn $) 11.28 11.17(Latest)
Source: SBP


SUICIDE ATTACKS IN PAKISTAN
YEARS NUMBER OF ATTACK
2002 2
2003 2
2004 7
2005 4
2006 7
2007 56
2008 59
2009 18
Various source


SECTARIAN VIOLENCE IN PAKISTAN YEAR 2009

MONTH INCIDENTS KILLED INJURED
January 54 53 64
February 7 43 147
March* 2 15 4
TOTAL 67 111 215
YEAR 2008
January 22 35 54
February 1 1 0
March 5 4 28
April 24 51 122
May 6 9 5
June 13 52 28
July 11 40 39
August 4 36 55
September 3 29 56
October 1 26 60
November 5 19 58
December* 2 4 1
TOTAL 97 306 505
Various source


FOREIGN DIRECT INVESTMENT IN PAK
( $ mn )

YEARS

FDI

2001-02

484.7

2002-03

798

2003-04

979.9

2004-05

1524

2005-06

3521

2006-07

5139.6

2007-08

5152.8

2008-09

2327.7(July-Dec)

Source: Ministry of Finance


GROWTH IN LSM
(%)
MONTHS 2007-08 2008-09
July 5.29 -4.47
August 8.54 -6.86
September 7.69 -6.41
October 8.08 -2.17
November 4.22 -7.57
December -4.00 -1.64
January 9.45 -8.91
July-January 5.71 -5. 35
Various source : LSM: large scale manufacturing


KARACHI STOCK EXCHANGE IN 2009
MONTHS MARKET CAP KSE 100 INDEX
2-Jan 1,842.650 5,793.570
16-Jan 1,743.936 5,511.930
23-Jan 1,577.516 4,929.550
30-Jan 1,700.706 5,377.420
6-Feb 1,764.670 5,597.440
13-Feb 1,766.142 5,625.900
20-Feb 1,859.526 5,969.090
27-Feb 1,779.511 5,727.460
6-Mar 1,782.36 5,748.10
13-Mar 1,760.74 5,750.47
20-Mar 1914.53 6340.36
27-Mar 2,043.67 6,803.46
3-Apr 2,235.95 7,432.88
Source: KSE


ANNUAL FATALITIES IN TERRORIST VIOLENCE IN PAK, 2003- 08
YEARS CIVILIANS SF PERSONNEL TERRORISTS TOTAL
2003 140 24 25 189
2004 435 184 244 863
2005 430 81 137 648
2006 608 325 538 1471
2007 1523 597 1479 3599
2008 2155 654 3906 6715
Total 5291 1865 6329 13485
Various sources


FBR TAX COLLECTION IN JULY-FEB
(BN RS.)
. .

JULY-FEB

.
REVENUE HEAD TARGET 2008-09 2007-08 2008-09 CHANGE (%)
A) Direct Taxes 496.0 216.7 256.3 18.3
B) Indirect Taxes 754.0 368.7 446.1 21.0
1. Sales Tax 472.0 228.1 283.4 24.3
2. Federal Excise 112.0 54.01 69.7 29.1
3. Customs 170.0 86.6 93.0 7.3
Total Net Collection 1250 585.4 702.5 20.0
Source: FBR

COUNTRIES UNEMPLOYMENT RATE
(2008)
COUNTRIES RATE IN PERCENT
Afghanistan 40
Pakistan 7.5
India 7.2
Bangladesh 2.5
UK 5.4
USA 8.1
UAE 4
Sri lanka 6.3
Iran 11
Saudi Arabia 13
Source: CIA World Facebook

MONTH-WISE CURRENT ACCOUNT DEFICIT (CAD)
($ Mn)
 

JULY-FEB

MONTHS 2007-08 2008-09
July -816 -1039
August -754 -1533
September -700 -1267
October -723 -2172
November -1752 -800
December -1308 -551
January -1580 -279
February -1010 146
July-February - 8,645 -7,455
Source: Ministry of Finance