International experts revealed that an economy cannot thrive without a healthy private sector. When domestic businesses flourish, they create job opportunities and generate income that can be spent and invested domestically. They were also of the view that any rational …
Read More »Govt likely to reduce borrowings from central bank
The quantum of Government of Pakistan (GoP) borrowings from State Bank of Pakistan (SBP) has lately reached 12.6 percent of GDP, the highest since FY06. The limit specified by International Monetary Fund (IMF) is 7.5-8.0 percent of GDP. This necessitates …
Read More »Ever looming balance of payment crisis in Pakistan
Faced with an immediate balance of payment (BoP) crisis, the incumbent government headed by Imran Khan is working on a multi-pronged strategy, simultaneously approaching both friendly countries and International Monetary Fund (IMF) for BoP support. While initially sparking a wave …
Read More »Pakistan stock market at a crossroad
Inconclusive IMF talks have extended market uncertainty, but a lack of definitive bearish movement indicates money managers are paying due attention to eventual money inflows from different avenues, Saudi Arabia, China and International Monetary Fund (IMF).The timing of fund flows …
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