SBP injects Rs776bn into market through OMOs
Rs481.5 billion was injected via reverse repo, Rs294.5 billion through Modarabah-based OMO
Caretaker govt claims credit for lowering borrowings
Expenditure rationalisation and revenue mobilisation seen as the salient features of the caretaker economic policy
Pakistan’s exports to South China see 16% increase in 2023
In a significant economic development, Pakistan's exports to South China recorded a 16% growth in 2023, according to a report by China...
SBP raises Rs361bn through Treasury Bills auction
The State Bank of Pakistan (SBP) exceeded its target in the latest auction of Market Treasury Bills (MTBs), raising Rs361 billion against...
Revenue collection by FBR increased by 30% during the first 8 months of FY24, is that a good thing?
Breaking down FBR’s “successful” run on the back of high taxes
Pakistan inks Himalayan pink salt export deal with US company
Pakistan inked a pivotal deal with American company Miracle Saltworks Collective Incorporation to enhance the value and export of Himalayan Pink Salt,...
Pakistan sees decline in foreign investment in January
The cumulative FDI for the first seven months of FY24 fell to $689.5 million from $876.8 million in the prior year.
IMF urges transparency in Pakistan’s development projects
Pakistan is expected to negotiate a new three-year Extended Fund Facility with the IMF, contingent on Islamabad's commitment to fiscal reforms
Current account posts deficit of $269mn in January 2024
Current account slides 71% with a deficit reduction to $1.093 billion in seven months of FY24
Pakistan sees slight increase in foreign reserves
Pakistan's total liquid foreign reserves have marginally risen to US$ 13,149.1 million as of February 9, 2024, according to the State Bank...
Govt falls short of development spending in seven months of FY2024
The gap between authorized and actual expenditures highlights challenges in fund release, slow project progress, and capacity issues
Pakistan’s debt rises by 27.2% in first half of FY24
Total debt and liabilities reached Rs81.194 trillion ($131 billion) by the end of December 2023: SBP
IMF visit to Pakistan delayed until new govt forms
This visit is crucial for concluding the $3 billion Standby Arrangement (SBA) due to expire on April 12
With the economy at a standstill, what lies ahead for an elected govt?
The PTI has emerged as the single largest political force in the country. The PML-N is trying to play spoil-sport. Whoever assumes power has an unenviable task ahead
Pakistan’s dollar bonds dip amid election worries
Political instability threatens the negotiation and implementation of the IMF program, essential for Pakistan's debt sustainability