Economy – Pakistan & Gulf Economist http://www.pakistaneconomist.com Pakistan's Business Financial Magazine Mon, 24 Sep 2018 12:05:30 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Revised fy19 budget: can these measures turnaround the economy? http://www.pakistaneconomist.com/2018/09/24/revised-fy19-budget-can-these-measures-turnaround-the-economy/ http://www.pakistaneconomist.com/2018/09/24/revised-fy19-budget-can-these-measures-turnaround-the-economy/#respond Sun, 23 Sep 2018 19:54:41 +0000 http://www.pakistaneconomist.com/?p=20712 In an attempt to usher change in the way economy of Pakistan is managed, the incumbent government headed by Imran Khan has submitted some proposals to make some ‘desirable and people friendly changes in the budget 2018-19’ before the parliament for its formal approval. One must accept with open heart the effort being made by …

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Indian cement industry on the rise as utilization will increase by 4.5pc in 2019 http://www.pakistaneconomist.com/2018/09/24/indian-cement-industry-on-the-rise-as-utilization-will-increase-by-4-5pc-in-2019/ http://www.pakistaneconomist.com/2018/09/24/indian-cement-industry-on-the-rise-as-utilization-will-increase-by-4-5pc-in-2019/#respond Sun, 23 Sep 2018 19:45:19 +0000 http://www.pakistaneconomist.com/?p=20752 Researchers analyzed that India’s cement industry is a vital part of its economy, offering employment to greater than a million people, directly or indirectly. They have also mentioned in a statement that India is the second largest producer of cement globally. Ever since it was deregulated during 1982, the Indian cement industry has attracted large …

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Economic Indicator Of Pakistan http://www.pakistaneconomist.com/2018/09/24/economic-indicator-of-pakistan-39-18/ http://www.pakistaneconomist.com/2018/09/24/economic-indicator-of-pakistan-39-18/#respond Sun, 23 Sep 2018 19:10:33 +0000 http://www.pakistaneconomist.com/?p=20686 An economic indicator is a statistic about an economic activity. Economic indicators allow analysis of economic performance and predictions of future performance. Economic indicators include various indices, earnings reports, and economic summaries.   Pakistan – Economic Indicators Overview Last Reference Previous Unemployment Rate 5.9 % Dec/16 5.9 Employed Persons 57420 Thousand Dec/15 56520 Unemployed Persons …

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An important step for the Islamic Financial Industry of Pakistan: Senate resolution 393 http://www.pakistaneconomist.com/2018/09/17/an-important-step-for-the-islamic-financial-industry-of-pakistan-senate-resolution-393/ http://www.pakistaneconomist.com/2018/09/17/an-important-step-for-the-islamic-financial-industry-of-pakistan-senate-resolution-393/#respond Sun, 16 Sep 2018 19:59:58 +0000 http://www.pakistaneconomist.com/?p=20576 Over the past few years, Pakistan’s economy is facing a bad patch. Some of the economic parameters are at a still and majority of them are deteriorating. The government is unable to fulfil the needs of the population due to this sluggish growth and widening fiscal imbalance. The country’s current account deficit swelled by 43 …

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Crumbling economy and the juggling bailout options http://www.pakistaneconomist.com/2018/09/17/crumbling-economy-and-the-juggling-bailout-options/ http://www.pakistaneconomist.com/2018/09/17/crumbling-economy-and-the-juggling-bailout-options/#respond Sun, 16 Sep 2018 19:57:11 +0000 http://www.pakistaneconomist.com/?p=20609 New Finance Minister Asad Umar will come up with a strategic plan about fixing external-sector issues. Any delay in seeking a balance-of-payments support program by the International Monetary Fund (IMF) may tremble the confidence in the economy of Pakistan the rupee. Exercising other options to stable the balance of payments needs a long time to …

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Mere low discount rate not sufficient enough to underpin economic recovery http://www.pakistaneconomist.com/2018/09/17/mere-low-discount-rate-not-sufficient-enough-to-underpin-economic-recovery/ http://www.pakistaneconomist.com/2018/09/17/mere-low-discount-rate-not-sufficient-enough-to-underpin-economic-recovery/#respond Sun, 16 Sep 2018 19:55:16 +0000 http://www.pakistaneconomist.com/?p=20572 A simple economics concept stipulates that lowering interest rates triggers the spending by the consumers, usually in the shape of the purchase of consumer goods, and it could help the businesses grow since the private sector finds it cheaper to invest and subsequently to pay back to the banks. In the instance of Pakistan economy, …

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Pakistan is at a crossroads: 7pc economic growth has become mandatory http://www.pakistaneconomist.com/2018/09/10/pakistan-is-at-a-crossroads-7pc-economic-growth-has-become-mandatory/ http://www.pakistaneconomist.com/2018/09/10/pakistan-is-at-a-crossroads-7pc-economic-growth-has-become-mandatory/#respond Sun, 09 Sep 2018 20:04:29 +0000 http://www.pakistaneconomist.com/?p=20282 Having undergone a whopping trade deficit of over $38 billion and spooky current account deficit of $18 billion, Pakistan must take outright measures to curtail import to the maximum failing to which the economic woes could cripple every sector of the economy of Pakistan. Drastic steps might lead Pakistan to over 7 percent economic growth …

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Priorities of new Govt to reshape economy http://www.pakistaneconomist.com/2018/09/10/priorities-of-new-govt-to-reshape-economy/ http://www.pakistaneconomist.com/2018/09/10/priorities-of-new-govt-to-reshape-economy/#respond Sun, 09 Sep 2018 19:58:32 +0000 http://www.pakistaneconomist.com/?p=20297 Pakistan is currently facing a foreign exchange crisis where boosting exports on a sustainable basis should remain the prime focus of the new government. New government has inherited not so strong economy, high budget deficit, high debt profile and frustration among young voters looking for a change. The checklist is long, but there are four …

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Kibor Rates http://www.pakistaneconomist.com/2018/09/10/kibor-rates-37-18/ http://www.pakistaneconomist.com/2018/09/10/kibor-rates-37-18/#respond Sun, 09 Sep 2018 19:11:38 +0000 http://www.pakistaneconomist.com/?p=20200 Kibor rate is the average interest rate at which term deposits are offered between prime banks in the Pakistani wholesale money market or interbank market. KIBOR as a benchmark, to encourage transparency  and improve management of the market risk undertaken by banks.   KIBOR RATES IN PAKISTAN TENOR BID OFFER 1 – Week 7.43 7.93 …

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Economic Indicator Of Pakistan http://www.pakistaneconomist.com/2018/09/10/economic-indicator-of-pakistan-37-18/ http://www.pakistaneconomist.com/2018/09/10/economic-indicator-of-pakistan-37-18/#respond Sun, 09 Sep 2018 19:10:36 +0000 http://www.pakistaneconomist.com/?p=20199 An economic indicator is a statistic about an economic activity. Economic indicators allow analysis of economic performance and predictions of future performance. Economic indicators include various indices, earnings reports, and economic summaries.   Pakistan – Economic Indicators Overview Last Reference Previous Unemployment Rate 5.9 % Dec/16 5.9 Employed Persons 57420 Thousand Dec/15 56520 Unemployed Persons …

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