Finance

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 …

In the recent months Pak rupee has depreciated significantly. This has on one hand increased debt servicing and on the other hand pushed inflation rate in the country. Depreciation of rupee is adding to the cost of imported goods and …

The above table gives a snapshot of banking industry performance at the close of third quarter of CY2018. From the table, key industry figures could be summarized as below: 1. Assets: PKR 16,728 Billion 2. Deposits: PKR 12,937 Billion 3. Equity: PKR …

In the wake of widening external deficits, dwindling reserves and uncompetitive exports in the back drop of political uncertainty, the million-dollar question that arises is where to invest in 2019? While the economic managers are still busy understanding the sector-wise …

Balochistan still lacks proper system of financial inclusion. Simply speaking, it still lacks access to formal financial services including savings, credit, insurance and payments vis-à-vis formal financial intermediaries, at an affordable cost. There is no doubt that the province offers …

As the State Bank of Pakistan (SBP) is scheduled to announce Monetary Policy on Saturday, this week, it is anticipated that the central bank is obliged under the external pressure of multilateral donors to increase the policy rate by 25bps. …

PMN-Nawaz government completed its five-year term on 31st May 2018. During its entire regime it has been boosting about putting economy of the country on fast moving trajectory. Its key mantras were overcoming energy crisis, boosting GDP growth rate and …

Analysts reveal that the Pakistan rupee could face additional pressure in the upcoming weeks, in the midst of the country’s chronic foreign currency shortage and speculation of a third currency devaluation. The currency, which has been exposed to growing external …

In a fresh move against money laundering in the country, the State Bank of Pakistan (SBP) has directed money-exchange companies to keep a record of any transaction worth $500 or more. As per the new instructions, exchange companies are required …

Ramazan is that time of the year when expatriates send money to their loved ones back home so that they could celebrate the festive occasion of Eidul-Fitr. The boost during the holy month may also help in arriving at the …