As per details, the government has set Pakistan’s economic growth target at 4.2% for the upcoming fiscal year. As part of broader macroeconomic planning, the inflation rate is proposed to be capped at 7.5%, signalling a cautious yet optimistic approach to fiscal management amid domestic and global economic challenges. They further said, the agricultural sector […]
According to the Pakistan Bureau of Statistics’ latest report, inflation has progressively declined over the past year, providing relief to businesses and consumers at the same time. Inflation Trends Over the Past Year The economic data has mentioned a considerable decline in inflation over the current fiscal year: 10-month average inflation rate: 4.73% (compared to […]
The plan for 2025 sovereign debt issuance would be a sharp increase from this year’s 1 trillion yuan and comes as Beijing moves to soften the blow from an expected increase in U.S. tariffs on Chinese imports when Donald Trump takes office in January. The proceeds will be targeted at boosting consumption via subsidy programmes, […]
The shock news sent the local dollar to a fresh two-year low of $0.5614, having already shed 2.2% in the wake of a hawkish easing from the U.S. Federal Reserve. Markets added to wagers the Reserve Bank of New Zealand would slice rates further, having already cut by 125 basis points to 4.25%. Swaps now […]
The report finds that these economies are poorer today on average than on the eve of the COVID-19 pandemic, even as the rest of the world has largely recovered from COVID and resumed its growth trajectory. Released a week before World Bank and International Monetary Fund annual meetings get underway in Washington, the report confirms […]
According to the report, the debt volume is expected to decrease from 77% to 70% of the country’s GDP. The report also states that 62% of Pakistan’s revenue will be spent on debt repayment in the current fiscal year. Additionally, the report predicts that inflation will remain high in Pakistan in the current fiscal year. […]
The survey was conducted across Pakistan during March-April 2024. According to the OICCI, The Business Confidence Index has shown some positive signs of economic recovery, rising to negative 14% in March-April 2024 from negative 18% in the previous survey of October- November 2023. Going forward, the anticipation of rising inflation, high taxation, and inconsistent government […]
The consumer price index (CPI) rose by 0.3 percent year-on-year in April, staying in positive territory for the third straight month, according to the National Bureau of Statistics (NBS). The figure was higher than the 0.2 percent rise forecast by Bloomberg analysts and up from a 0.1 percent increase last month. “In April, household consumption […]
The past three years of the present Government have faced numerous economic challenges; aggravated by the Covid 19 Pandemic; the Government so far has successfully progressed from retrieval and maintenance for sustainable growth as mentioned in Budget 2021-22. The Annual Plan Coordination Committee (APCC) has approved the federal Public Sector Development Program (PSDP) outlay of […]
Pakistan’s economy is showing signs of revival after being low for two years. Also, the evidence is early and this are not like the roar of an awakened lion; more the cooing of a bird that senses some mitigation in predatory circumstances. Also, the government of Imran Khan expects the real estate boom; to rev […]
