Just in:  

You are here: Home»Home»BR Research»Pakistan Macroeconomics

Pakistan Macroeconomics


Just about three years ago, the PPP and PML(N) agreed to form a coalition on the basis of what was then termed, “a common agenda”. Today, the marriage of convenience has been conveniently turned into a divorce. The walking out of PML(N) may have several motivations and implications best left for pedantic political analysts to peruse over and over again. But one motivation simply stands obvious: ‘a fragile economy and the threats it faces – with which the PML(N) would not want to be associated. Nobody could accuse the PPP government of inheriting the economic mess it did it three years ago, but they have not done much to address them either. It took the government three years and three finance ministers to rationalise the size of the cabinet – and that too only when it faced threats and ultimatums from its coalition partners. It also failed to reduce the current expenditure and increase ...

A one-off high receipt from the Coalition Support Fund ($760 mn), earlier transfers of SBP profits, and possibly some accounting gimmicks to show subsidies of power and other sectors in contingent liabilities, made it possible for fiscal managers to post a budget deficit at 1.3 percent of GDP for the second quarter. Traditionally, fiscal deficit for the first half of a fiscal year turns out to be 40 percent of the full-year deficit. By taking this ...


Index Closing Chg%
Arrow DJIA 18,132.70 0.45
Arrow Nasdaq 4,963.53 0.49
Arrow S&P 2,104.50 0.30
Arrow FTSE 6,946.66 0.04
Arrow DAX 11,401.66 0.66
Arrow CAC-40 4,951.48 0.83
Arrow Nikkei 18,797.94 0.06
Arrow H.Seng 24,823.29 0.32
Arrow Sensex 29,220.12 1.65

ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.703 bln
Exports $2.156 bln
Imports $3.859 bln
WeeklyFebruary 26, 2015
Reserves $15.944 bln