Tag Archives: Inflation

These are extraordinary days where extraordinary steps and out of box solutions are required. Budget deficit was estimated around 7.2 percent in fiscal year 2019-20 which is around 8.9 percent; likewise budget deficit is being estimated at around 9.1 percent …

According to the Economic Survey of Pakistan FY2020, the headline inflation measured through the Consumer Price Index (CPI) is registered at 11.22 percent during Jul-April FY2020 as compared to 6.51 percent during the corresponding period previous year. Statistics showed that …

Central banks around the world have slashed interest rates, though perhaps none as aggressively as State Bank of Pakistan (SBP). According to a recent report by Bloomberg, Pakistan has cut its interest rates the most this year, out of a …

Studies revealed that high and sustained economic growth with low inflation is the central objective of the macroeconomic policy makers in any economy. The relationship between growth and inflation, however, depends on the state of the economy. The studies furthermore …

According to the State Bank of Pakistan (SBP) report, the credit to the private sector continued its downward trajectory in H1-FY20, as businesses continued to scale down their activities and increasingly resorted to internal financing. This trend was consistent with …

COVID-19 has turned all economies upside down leaving the most vulnerable people in the lurch. Coronavirus pandemic is fast amplifying poverty in the developed and the developing countries alike. All hell has broken loose in particular for the families which …

As hopes are building for easing of lockdown, which should not continue for indefinite period, it is necessary to evaluate the prevailing situation and come up with our own homegrown plan. One of the positive points is, this time International …

Mr Imran Khan, the premier of Pakistan, says that if poverty rises, we will not win war against pandemic. He is right and it is a cause of massive concern at the moment. The prime objective of the Government of …

Inflation among the 37 member states of the Organisation for Economic Co-operation and Development (OECD) fell from 2.3% in February to 1.7% in March. With all the damage to global health and economies inflicted by COVID-19, this is one “collapse” …

The Government of Pakistan’s foremost duty at the moment should be to allay two foremost fears of the public: there would be no food shortage; and inflation would be contained. Rumors are rife vis-à-vis the impending paucity of edible items …

Before the Covid-19 infections commenced to be detected in Pakistan, the country’s economy the economist of Pakistan revealed, had clearly moved out of the crisis-management mode. The current account statistics were getting better every month, and foreign exchange reserves were …

At its meeting on 17th March 2020, the State Bank of Pakistan’s Monetary Policy Committee (MPC) decided to cut the policy rate by 75 bps to 12.50 percent. The decision reflected the MPC’s view that the outlook for inflation has improved in …