Tag Archives: BoP

According to the Economic Survey of Pakistan, Pakistan’s economy rebounded strongly in FY2021 and recorded growth of 3.94 percent which is not only substantially higher than the previous 2-year (-0.47 and 2.08 percent in FY2020 and FY2019 respectively) but also …

There is a common saying that “cut your coat according to your cloth”. While this proverb gives a clear message to live within our available means, it also allows us to arrange a bigger piece of cloth to cut the …

During 2020 State Bank of Pakistan (SBP) has reduced interest rate, which is likely to impact earnings of commercial banks. Banks were also stopped from disbursing dividend and issuing Bonus Share to facilitate ample liquidity is the system. Over the …

Pakistan received workers’ remittances worth $19.62 billion in FY18 and $21.74 billion in FY19. They grew to a record high of $23.10 billion in FY20 with an increase of 7.8% during the March-June 2020 pandemic period compared with the corresponding …

Since 2010 investigators revealed that oil demand has raised quickly altogether over the planet due to worldwide oil price has driving down. Rise within the oil price cause to extend within the cost, import bills and price of petroleum products, …

At present Pakistan suffers from precarious balance of payment situation. Its exports are too paltry to finance imports. Though, remittances are reasonable, meeting debt service obligation has got out of control. Even the recently acquired facility from International Monetary Fund …

Engro Corporation (ENGRO) posted 2QCY19 earnings of Rs2.87 billion (EPS: Rs4.97), up 37%YoY but down 29%QoQ. This takes the 1HCY19 profit after tax to Rs6.87 billion (EPS: Rs11.92), up 3%YoY. The sequential decline in earnings can be attributed to: 1) …

At present Pakistan faces two contentious problems, depreciating currency and rising inflations. Both the issues are badly intertwined and cannot be separated. The hike in the international prices of energy and food products also erodes foreign exchange reserves of the …

Historically, Pakistan has suffered from adverse balance of payment, because its exports are not enough to finance imports. The policy makers have been fiddling with different policies, from import substitution to export-led growth, but all in vain. The policy makers …

The critical juncture at which the present government was formed may prove to be a bane or boon for Pakistan which could be witnessed in the days to come. On one hand, it is confronted with corruption, taxation and fiscal …

An International Monetary Fund (IMF) mission led by Harald Finger visited Islamabad from November 7-20, 2018 to initiate discussions on a financial arrangement with the IMF requested by the Pakistani authorities to support their economic reform program. Discussions will continue …