Mohammad Farooq

Economy

A modest current account deficit and improvement in net capital inflows would lead to a further rise in official reserves.

Headlines

Private expenditure on healthcare accounted for 70.2% of total health spending in 2019, having risen in relation to the previous year

Economy

---Moody's forecasts current account deficit (CAD) for ongoing FY21 at 2 per cent of GDP compared to 1.1 per cent recorded in FY20

Headlines

Analyst believes low international prices are a brilliant opportunity for the Pakistani government nowadays to regain energy competitiveness, provide affordable electricity/gas & catalyze the decaying industrialization

Headlines

Previously, the Wilmar unit held 11.01pc stake in Unity Foods which it acquired in May 2019 equivalent to 59,905,187 shares of the company

Headlines

The rupee has depreciated by 8 per cent this year

Economy

Pakistan’s underlying current account is in small surplus courtesy being helped along by the positive depreciation efforts, says the IIF

Economy

According to Fitch, lower oil prices are expected to offset the decline in remittances, which will keep the current account deficit stable at 2% of GDP through the next fiscal year.