March 2, 2023 Pakistan: Takeaways from central bank briefing after 300bps hike in interest rate The State Bank of Pakistan (SBP) on Thursday increased the benchmark policy rate by 300bps to 20%. It noted that the recent fiscal adjustments (mini-budget)…
March 1, 2023 Pakistan: Monetary Policy or Mockery State Bank of Pakistan (SBP) was scheduled to announce Monetary Policy on March 16, 2023. However, on February 28, the central bank announced to…
February 20, 2023 Pakistan: Key Economic Indicators getting from bad to worse Current account deficit (CAD) during January 2023 was reported at US$242 million as compared to US$290 million in December 2022. Trade deficit during the…
January 24, 2022 State Bank of Pakistan Leaves Policy Rate Unchanged State Bank of Pakistan (SBP) in its latest Monetary Policy Statement (MPS) has maintained the policy rate at 9.75% which was in line with…
June 27, 2021 Pakistan Federal Budget FY22: Too Many Ifs and Buts The Federal Budget strategy for FY22 is stated to be pro-growth and spending-led. The total size of the outlay is Rs8.5 trillion which is…
March 30, 2021 It is not an appropriate time for Pakistan to issue US$ denominated Eurobonds There are reports that Pakistan is getting ready to issue US$ denominated Eurobonds of more than US$2 billion over the next few days. The…
January 22, 2021 State Bank of Pakistan prefers maintaining status quo The State Bank of Pakistan (SBP) in its latest Monetary Policy Statement (MPS) has kept the Policy Rate intact at 7.0%. The Policy Rate…
January 5, 2021 Pakistan economy remains on pre COVID trajectory during Q1FY21 The State Bank of Pakistan (SBP) has released its First Quarterly Report on ‘The State of Pakistan’s Economy’ covering July – September 2020 period…
March 24, 2020 State Bank of Pakistan reduces interest rate by another 150 bps. To hear the details click statement of Governor, Dr. Reza Baqir https://youtu.be/n9bxy7FxRxA
March 24, 2020 Lockdown in Karachi to keep people confined to homes Pakistan Stock Exchange is scheduled to commence trading on Tuesday at 11.00 am. In this video I have reviewed the performance of US markets…