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 …
Read More »Global Banks Hike Up Interest Rates
On Wednesday the United States Federal Reserve continued their incremental increase of the interest rate by a quarter of a percent, bumping the rate up to 2.25 percent. While not featured on the below chart, Indonesia hiked their interest rate by a quarter of a percent …
Read More »Mere low discount rate not sufficient enough to underpin economic recovery
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 …
Read More »Consumer Financing Transactions Post Quarterly Growth
Consumer finance is an organized financial product across the globe, particularly in mature economies, where it constitutes a significant portion of banks’ lending portfolis. Economists focus that consumer financing has considerably contributed to the economic turnaround of Pakistan by stimulating …
Read More »An interest rate rise may put thousands at risk of mental health problems
After nine years of interest rates below 1%, it seems that the Bank of England will announce a rise before long. As pay growth picks up and inflation hits its 2% target, a rate rise would – it is argued …
Read More »Why incumbent government is reluctant in approaching IMF?
It is becoming a serious cause of concern for Pakistanis that the incumbent government is borrowing foreign exchange at far higher interest rates as compared to the rate charged by the International Monetary Fund (IMF). While the ruling junta continues …
Read More »2018 – Pakistan’s economy (Facts & Figures)
INTEREST RATES IN PAKISTAN (%) Month SBP Reverse Repo Rate SBP Repo Rate SBP Policy (Target) Rate 11-Feb-13 9.50 7.00 – 24-Jun-13 9.00 6.50 – 16-Sep-13 9.50 7.00 – 18-Nov-13 10.00 7.50 – 17-Nov-14 9.50 7.00 – 26-Jan-15 8.50 6.00 …
Read More »Think better of withholding tax on banking transactions
The issue of withholding tax on banking transactions for non-filers in the budget for next fiscal year (2017-18) need to be reconsidered, the State Bank of Pakistan (SBP) asked the government again in a statement last week. The SBP is …
Read More »Why the Bank of England is raising interest rates – and the risks involved
The Bank of England is poised to raise interest rates for the first time since July 2007. Its monetary policy committee (MPC) will meet to decide on November 2. The MPC’s last vote on the issue was a 7-2 majority …
Read More »Where to invest in 2018? (Facts & Figures)
COUNTRY WISE FDI INFLOWS IN PAKISTAN ($ Million) Country 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 (Jul-Sep) USA 468.3 238.1 227.7 227.1 212.1 223.9 13.2 71.1 22.4 UK 294.6 207.1 205.8 633 157 169.6 151.6 68.9 12.2 U.A.E …
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