Credit/Loans Classified By Borrowers In Pakistan (Million Rupees) Description Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 1. Credit to Government Sector (A+B) 9,984,823 10,140,417 10,308,153 10,301,962 10,524,413 10,777,765 A. SBP Credit to Government Sector (Net) 3,691,562 4,693,098 5,116,461 6,317,977 6,658,908 4,850,737 …
Read More »Funding for IT-Entrepreneurial Culture: a main concern
On 17th day of September 2001, an ambitious article of mine was published in the Pakistan Gulf Economist. The title of article was “TECHNOLOGY, THE LAST OF OUR SURVIVAL”. At that particular time, I was taking part in one of …
Read More »Over 100 Million Americans Have Auto Loans
America’s mountain of car loan debt is getting higher. A Finder analysis of Federal Reserve Bank of New York data found that Americans accumulated $568.6 billion in auto loans by the end of 2017. Last year, the average amount borrowed for a new …
Read More »Historic low of rupee in 2018: what is the impact?
The calendar year 2018 is going to be ended. Pakistan rupee has lost about a third of its value against US dollar since the start of the year. The analysts attribute rupee’s persistent depreciation to balance of payment crisis and the country’s dwindling foreign …
Read More »Year – End Review 2018 (Facts & Figures)
Poverty ease in Pakistan: a daunting prospect
Poverty cannot be tackled without having credible data and figures related to poverty incidence in Pakistan. Poverty reduction has been a major official development objective in the country over the past many years. Critics however blame the governments for downplaying …
Read More »HBL’s pivotal role in the growth of rural agriculture
Habib Bank Limited (HBL) is one of the few financial institutions, which caters to farmers financing need and has played a pivotal role in the development of the rural agriculture market. With the distinction of being the largest commercial bank …
Read More »Consumer protection ruling likely boost to local industry
Consumer financing products include credit cards, personal loans, auto loans and housing mortgage. It not only contributes towards facilitating the life patterns of consumers, but it also proves to be a source of improvement for the image of banks. Unfortunately, …
Read More »How Can People Save If They Live Below Subsistence Level?
Most of the discussions at experts’ level hover around poor savings rate in the country. However, they tend to completely forget that a significant percentage of Pakistan’s population live below subsistence level. If they don’t have money to buy food …
Read More »Mixed view on public debt in first 9 months of this fiscal
Economic leaders of Pakistan calculating that the country’s debt-to-GDP ratio has been growing since FY 2008 and even mentioned that the portion of total debt which has a direct charge on government revenues also the debt attained from the International …
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