SBP lowers FY23 growth forecast KARACHI: Taking into account the destruction caused by floods and the policy focus on stabilization, the State Bank... Published 22 Dec, 2022 05:57am
Print Around 6pc growth: What did FY22 experience bring to the fore? KARACHI: Pakistan’s economy achieved a real GDP growth of around 6 percent, for a second consecutive year in FY22,... Updated 22 Dec, 2022 09:42am
Markets Pakistan's GDP growth projected to remain below 3–4% in FY23, says SBP Central bank releases Annual Report on The State of Pakistan's Economy Updated 21 Dec, 2022 08:01pm
Pakistan Challenging road ahead: Pakistan's economic growth projected to slow down to 2.1%: report EFG Hermes says political uncertainty will dent country's economic outlook Updated 25 Nov, 2022 06:12pm
Editorials CAD: welcome decline EDITORIAL: Pakistan’s current account deficit (CAD) has fallen sharply by 47 percent during the first four months... Published 24 Nov, 2022 04:28am
Business & Finance Lower imports: Jul-Oct CAD plummets 47pc YoY KARACHI: The country’s current account deficit fell sharply by 47 percent during the first four months of this... Published 22 Nov, 2022 03:23am
Markets Rupee continues to fall, settles at 223.66 against US dollar Currency has lost Rs2.24 or 1% against the greenback in the last seven trading sessions Updated 21 Nov, 2022 09:28pm
Markets Pakistan's current account deficit clocks in at $567mn in October Increases 56% on month-on-month basis Deficit for July-October period, however, is nearly 47% lower on year-on-year basis Updated 21 Nov, 2022 10:37pm
Pakistan Dar looks to calm nerves, says Pakistan will not default on bond payments Finance minister reiterates country will meet international payment obligations, also dismisses rumours of looming fuel shortage Updated 19 Nov, 2022 07:18pm
Business & Finance Monetary policy: market expects no change in key interest rate SBP is currently scheduled to announce monetary policy on Nov 25 (Friday) Updated 17 Nov, 2022 09:25pm
Opinion Candy-coated delusions After being kicked out by the PDM (Pakistan Democratic Movement) government, former Finance Minister Miftah... Published 12 Oct, 2022 05:46am
BR Research CAD in control The current account deficit is coming under control. This was expected. The transmission of tightening policies... Published 27 Sep, 2022 08:56am
Business & Finance Net FDI falls over 26% in first two months of FY23 Net Foreign Direct Investment (FDI) in Pakistan fell 26.1% during the first two months of the ongoing fiscal year... Published 22 Sep, 2022 12:06pm
Pakistan Floods could shrink Pakistan's GDP growth to 2.49% in FY23: AHL Brokerage house's research wing says annual average CPI reading to hit 19.7% in FY23 against earlier estimate of 18.6% Published 29 Aug, 2022 05:54pm
BR Research Floods 2022 - initial economic assessment Floods in 2022 are sending havoc in the country. It's a significant humanitarian loss, and it's not appropriate to... Published 29 Aug, 2022 08:39am
Pakistan 'Repercussions of $4bn': flash floods create havoc as Pakistan's economy remains under stress Report by brokerage house says while too early to accurately quantify, preliminary estimates suggest repercussions may include more than $4 billion Economy to be affected by lower agriculture production, slowdown in exports, higher inflation and imports Updated 26 Aug, 2022 06:35pm
Business & Finance Pakistan’s REER falls to 93.2 in July A Real Effective Exchange Rate below 100 means a country’s exports are competitive, while imports are expensive Updated 24 Aug, 2022 06:37pm
Pakistan Pakistan's current account deficit shrinks massively to $1.21bn in July Registers 45% decline month-on-month after clocking in at revised $2.2 billion in June Updated 24 Aug, 2022 12:11pm
Business & Finance Upcoming monetary policy: majority polled expect no change in key interest rate Poll conducted by Topline Securities says 56% of participants saw status quo prevailing in announcement scheduled for August 22 Updated 13 Aug, 2022 11:54am
Markets Brokerage house Topline expects KSE-100 to reach 52,000 points by end of FY23 In its strategy report for mid-year 2022, brokerage house says KSE-100 is likely to post 25% return in next 12 months Published 08 Aug, 2022 07:51pm
Markets Rupee ends 10-session depreciation run, closes at 239.37 Despite Friday's gain, local currency has depreciated over 13% in the last 11 trading sessions Updated 29 Jul, 2022 09:02pm
Markets The great fall continues: Rupee closes near 240 against US dollar Govt admits inability to intervene in foreign exchange market Updated 28 Jul, 2022 06:40pm
Pakistan Pakistan's current account deficit hits $2.28bn in June, up 59% month-on-month Cumulative deficit for FY22 stands at $17.4bn, 517% higher on a yearly basis Updated 27 Jul, 2022 09:16pm
Markets KSE-100 Index sees largest decline after 8 quarters KARACHI: Pakistan’s benchmark KSE-100 Index witnessed largest decline after eight quarters where index was down by... Updated 01 Jul, 2022 11:15am
Markets Rupee gains for 2nd successive session, closes near 205 against dollar IMF developments and expectations of extension in oil credit facility from Saudi Arabia boost local currency Updated 29 Jun, 2022 07:18pm
Markets Pakistan’s REER drops to 93.57 in May A Real Effective Exchange Rate below 100 means a country’s exports are competitive, while imports are expensive Updated 28 Jun, 2022 05:58pm
Pakistan Pakistan's current account deficit clocks in at $1.43bn in May 2022 Deficit 131% higher on monthly basis as it amounted to $618mn in April 2022 Updated 28 Jun, 2022 07:06pm
Print MNCs offered tax breaks on condition that they would help spur exports ISLAMABAD: Federal Minister for Finance and Revenue Miftah Ismail said here on Friday that talks were underway with... Published 21 May, 2022 04:34am
Opinion Navigating exchange rate labyrinth Classical economic theory of demand and supply for goods applies just as well to a currency, the Pak rupee, the... Published 18 May, 2022 05:54am
Editorials A price Pakistan has to pay EDITORIAL: The International Monetary Fund (IMF) has asked the Pakistan government to bring the current account... Published 06 May, 2022 05:03am
Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees