[ad_1] KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, Mian Zahid Hussain said that inflation, current account deficit and interest…
Tag: current account deficit
Ministry of Finance projects inflation at 27.5-28.5% for December
[ad_1] Consumer Price Index (CPI)-based inflation in Pakistan for December has been projected at 27.5-28.5%, the finance ministry said in its monthly economic report on Wednesday. In its latest ‘Monthly…
Low inflows of external financing
[ad_1] The first quarterly review of the IMF (International Monetary Fund) Stand-by Facility has been successfully accomplished by the Government. The efforts of the caretaker Government to adhere to the…
The slowdown in real economy
[ad_1] Over the past month, it seems that the feel-good factor has returned. The stock market is in a bullish run and the currency is relatively stable. There are some…
Value of PKR
[ad_1] There have been unusual developments in the value of the rupee (PKR) during the last seven weeks. From a trend in the form of a declining value with respect…
Need for greater discretionary economic policy
[ad_1] The International Monetary Fund (IMF) has pushed for pro-cyclical, austerity-based policies in its Stand-By Arrangement (SBA) programme with Pakistan in line with its usual bread-and-butter policy prescription generally meted…
Causes of the rising inflation
[ad_1] The rate of inflation, as measured by the Consumer Price Index (CPI), has been persistently rising since September 2022, on a year-to-year basis. It was 23.2 percent in September…
Gold imports dip 30% to $31.8 billion in April-February 2023
[ad_1] India’s gold imports, which have a bearing on the current account deficit, fell about 30% to $31.8 billion during April-February 2023 due to high customs duty and global economic…
Structural shift
[ad_1] Lawmakers in the US narrowly avoided a federal government shutdown last week with a compromise legislation that will allow the government to function till November 17. While the US…