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Tag Archives: SBP

Record lending to SMEs

Record lending to SMEs

Providing level playing field can strengthen the sector, says UNISAME Chief According to State Bank of Pakistan lending to small and medium enterprises (SMEs) by banks in Pakistan was for the first time recorded at Rs513 billion for CY18 as …

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SME financing reaching milestone; an overview

SME financing reaching milestone; an overview

Many economic experts mention that the Small and Medium Enterprises (SME) sector is contributing 30 percent towards Pakistan’s GDP, employ greater than 80 percent of non-agricultural workforce and generate 25 percent in export earnings. Thus, SME sector has huge potential …

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Pakistan sees a slight fall in imports

Pakistan sees a slight fall in imports

The Ministry of Finance statistics showed that Pakistan’s imports are mostly concentrated in a few markets. The country’s imports from states like China, Saudi Arabia, UAE, and Indonesia constitutes greater than 50 percent of the total imports. During fiscal year …

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Mixed economic outlook

Mixed economic outlook

Statistics show that present strategy initiatives and developments counting monetary tightening, exchange rate depreciation and changes in import and custom duties are all expected to dampen local demand, particularly imports. The extra revenue initiatives and a cut in federal development spending proposed in the Finance Supplementary …

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Ever looming balance of payment crisis in Pakistan

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 …

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