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 »Lack of fiscal and monetary coordination hampers the budget for fy19
This is the election year in Pakistan so any discussion on budget is to be read in this context. The corporate tax and Super Tax is likely to remain there, however, there may be some relief on the individual tax …
Read More »Review of transactions under prism in Q1
In any country, a well functioning payment system infrastructure is necessary in safeguarding financial stability, monetary system and also promoting economic activities. In our country, national payment systems have undergone important progresses and transformation that created an optimistic output towards …
Read More »Effective management of home remittances through monetary and fiscal policies
In a scenario of consistently increasing flow of migrants remittances despite slow down in economically rich countries who deploy major chunk of Pakistan’s workers, there is need to regulate monetary policy transmission, effecting banks lending and borrowing decisions, fiscal policy …
Read More »Fragile governance a main hindrance in economic progress; monetary policy overhaul can give boost to SME sector
Interview with Dr. Ayub Mehar — an economist PAGE: What are your views on the economy of Pakistan? AYUB MEHAR: Multiple changes have been observed at the political and economic stages of Pakistan during last five years. After stagnancy, now the …
Read More »Benefits of low interest rates need to reflect in consumer finance, home loans
The State Bank of Pakistan in view of the low inflation rate which is expected to remain well anchored going forward has decided to keep the policy rate unchanged at 5.75 percent. It is said that the interest rate in Pakistan …
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