Collectively, financial sector’s risk indicators have significantly strengthened since the last financial crisis of 2008. In terms of capitalization, the industry boasts of a CAR of 18.7% , ADR of 46.3% and about 53% of the asset base is liquid …
Read More »The future of Gwadar
In December, 2020, the 5th meeting of the Joint Working Group on Gwadar, which includes, representatives of multiple Ministries from Pakistan and their counterparts in the Chinese Government, reviewed the progress of up gradation of Gwadar and showed satisfaction over …
Read More »SBP’s policy intact disappoints trade and industry
Reduction in interest rate is a must for bringing down cost of doing business in the country On 21st September 2020, State Bank of Pakistan (SBP) announced to keep the policy rate unchanged at 7 percent. It was announced that …
Read More »Snapshot of economy of Pakistan
Real sector Agriculture: Out of Rs 1,240 billion fiscal package on COVID-19, Rs 100 billion is allocated for the agriculture and Small and Medium-size Enterprises (SME) sector. An amount of Rs 15.7 billion was initially allocated for nitrogenous fertilizers that now …
Read More »