Transportation plays a very important role in the development of a society as the demand for transportation increases along with development. It is one of the major industrial sectors of an economy. Over the years, Pakistan has achieved reasonable economic …
Read More »Highs and lows for the automotive sector last year
Automotive manufacturing sector is the backbone of engineering spectrum in any country but when compared to many developed countries, our automotive sector is still at infancy level. In Pakistan, automobile sector is mainly lead by the Japanese manufacturers i.e. Honda, …
Read More »Strengthening Japanese currency keeping auto sales under pressure
Automobile sales were up nominally in December 2018, as against 17%YoY decline in November 2018, sales were up 11%MoM. This is the first time in 12 years (since December 2005) that sales have increased in December on MoM basis. This …
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 »Investment in livestock sector is convenient and highly profitable Government should offer easy loans to investors
President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain on Wednesday said that livestock sector contributes 59 percent of agriculture’s …
Read More »Textile policy 2014-19: commitments and reforms for growth
The industry experts revealed that the Pakistan’s textiles sector has remained stagnant over the decade because of a number of exogenous and indigenous factors like subsidies given to cotton farmers and other textiles products through various states which distort prices, …
Read More »Challenges of 2019
Pakistan’s economy in 2018 faced many challenges like trade, current account and budget deficits, high inflation, depletion in foreign currency reserves, depreciation of Pakistan rupee against US dollar and political situation of the country. The trade deficit is continuously increasing; …
Read More »Year – End Review 2018 (Facts & Figures)
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 …
Read More »Effects of interest rates on the saving and investment behavior in Pakistan
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 …
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