Slow growth, rising inflation: SBP projects a double whammy for country Says demand management measures and floods in 2022 have weighed heavily on the country’s growth outlook for FY23 Updated 20 May, 2023 07:23pm
Opinion Causes of the rising inflation The rate of inflation, as measured by the Consumer Price Index (CPI), has been persistently rising since September... Published 09 May, 2023 05:37am
Opinion Critical economic challenges Pakistan’s recent economic crisis, brewing since last few years, intensified in the last quarter of fiscal year... Published 05 May, 2023 06:44am
Editorials C/A surplus: little to celebrate? EDITORIAL: The country registered a current account surplus of 654 million dollars for March 2023 — the first... Updated 28 Apr, 2023 12:35am
Opinion Contrasting trends The economy is showing contrasting trends in different segments of activity. This is due to various factors like the... Published 25 Apr, 2023 06:25am
Business & Finance C/A posts $654m surplus in March KARACHI: The country’s current account posted a surplus of $654 million in March after a gap of over two years... Published 20 Apr, 2023 06:30am
Markets Pakistan reports massive current account surplus of $654mn in March This is the first surplus on a monthly basis since November 2020 when the pandemic brought global economy to a standstill Updated 19 Apr, 2023 06:49pm
Markets Charities’ plan to help raise $2bn from overseas Pakistanis put in ‘cold storage’ by ministry In February, Finance Minister Ishaq Dar publicly gave his green signal to a reported plan by charitable... Published 17 Apr, 2023 06:41am
Print Rating downgrades may have added to IMF’s concerns: Pasha ISLAMABAD: For successful completion of the 9th review under the International Monetary Fund’s Extended Fund... Updated 01 Apr, 2023 08:48am
Editorials The macroeconomic mismanagement EDITORIAL: There is mounting evidence of macroeconomic mismanagement coupled with a failure to proactively formulate... Updated 29 Mar, 2023 07:07am
Business & Finance Brazil reports lower than expected current account deficit in Feb BRASILIA: Brazil posted a lower-than-expected current account deficit in February, showed central bank data on... Published 28 Mar, 2023 06:21am
BR Research Current account in forceful balance The current account was almost hung in the balance last month. The outcome is not natural but forced through import... Updated 21 Mar, 2023 11:52am
Business & Finance Jul-Feb CA declines 68pc YoY KARACHI: The country’s current account deficit narrowed by 68 percent during the first eight months of this fiscal... Published 21 Mar, 2023 06:29am
Business & Finance Budget deficit: PIAF calls for controlling govt expenditure, high cost of debt servicing LAHORE: The Pakistan Industrial and Traders Association Front (PIAF) has called for keeping check on government... Published 12 Mar, 2023 05:55am
Print Policy rate hiked by 300bps to 20pc to tame inflation KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) on Thursday increased the key... Updated 03 Mar, 2023 08:53am
Print MPC to meet today KARACHI: The emergent meeting of the Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) will be ... Updated 02 Mar, 2023 09:13am
Editorials No good news on the horizon EDITORIAL: Moody’s Investors Service further downgraded Pakistan’s local and foreign currency issuer and senior... Updated 02 Mar, 2023 06:44am
Print MoF says inflation likely to remain high in coming months ISLAMABAD: Inflation is expected to remain high in the coming months around 28 to 30 percent consequent to uncertain... Updated 01 Mar, 2023 09:06am
Editorials The floundering economy EDITORIAL: Current account deficit has declined 67 percent to 3.8 billion dollars (July-January 2022-23) against... Published 27 Feb, 2023 06:17am
Opinion Let’s tighten our belts for one year: all will be well There comes a time in almost any life, when one has to tighten one’s belt and rein in one’s consumption, for the... Updated 23 Feb, 2023 06:14am
BR Research Current account manageable… The current account deficit has reduced to $242 million in Jan-23- lowest in twenty-one months. The deficit is down... Updated 21 Feb, 2023 11:34am
Business & Finance Jul-Jan: C/A falls hugely on import curbs KARACHI: The country’s current account deficit (CAD) sharply fell by 67 percent during the first seven months of... Published 21 Feb, 2023 05:57am
Markets KSE-100 falls over 1% owing to economic uncertainty Stalemate over IMF programme, rumours of interest rate hike by SBP keep investors on sidelines Published 20 Feb, 2023 06:59pm
Pakistan Pakistan’s current account deficit shrinks 90% YoY to $0.24bn in January: SBP Deficit during 7MFY23 reduces over 67%, clocks in at nearly $3.8bn Updated 20 Feb, 2023 07:10pm
Opinion Who has cost Pakistan more? The blame game for the prevailing deep economic crisis continues with only one out of the three national parties,... Published 20 Feb, 2023 06:26am
Markets Govt projection of achieving $3bn current account surplus in FY23 ‘unrealistic’: PBC The Ministry of Finance's prediction of achieving a surplus current account by the end of the ongoing fiscal year... Published 06 Feb, 2023 03:22pm
BR Research Petroleum consumption overview Up till last year, there were two ways to look at growing petroleum sales in Pakistan. The rising consumption of... Published 02 Feb, 2023 08:40am
Print Country needs to repay $3bn debt in five months: SBP KARACHI: Governor State Bank of Pakistan (SBP) Jameel Ahmad has said that Pakistan is out of default as major... Updated 24 Jan, 2023 08:52am
Print C/A deficit dips 60pc in H1FY23 on lower imports KARACHI: The country’s current account deficit declined sharply 60 percent during the first half of this fiscal year... Updated 19 Jan, 2023 08:42am
Markets Current account deficit recorded at $0.4 billion in Dec 2022: SBP Deficit for 6MFY23 stands at $3.67 billion, compared with $9.09 billion in the same period of the previous year Published 18 Jan, 2023 09:23pm