Economy

Though unscheduled, the Monetary Policy Committee (MPC) meeting should not have been unexpected given the support recently provided by central banks across the world. With the latest 200bps cut in the policy rate, it seems that the SBP is now on the front lines...

PM Imran Khan on April 3, 2020 finally unveiled the long-promised, long-awaited package to stimulate the construction industry that he believes is vital for economic growth. The package was much sought after by both the real estate sector and the government, but the crisis...

As the country moved towards a lockdown because of surging Coronavirus cases, expectations of a relief package from the government for providing much-needed support to the economy grew. The ‘wish-list’ was quite expansive; from massive reduction in POL prices to funding of utility stores...

By Syed Faran Rizvi The SBP in its latest MPS maintained a status quo stance, where inflation was cited as central to the decision. The central bank also mentioned that further improvement is awaited in the macroeconomic environment, before a decision will be...

By Syed Hussain Haider, CFA, CIPM & Ahmed Lakhani IMF Package: The wait is finally over!    At last, the wait is over as the IMF has confirmed via a press release yesterday that it has reached a staff-level agreement on economic policies with Pakistan for an Extended...

This special report first gives a background of the BRI, its vision and elements including brief introduction of overland and maritime corridors. It also brings out areas of policy collaboration identified by China for successful completion of BRI. The second section gives an overview...

via Business Recorder

By Syed Faran Rizvi The market finds itself again close to 38,500 level, for the fifth time in slightly over a year, where the charts suggest the market is perilously close to the 233-day EMA (on weekly chart), a level last breached in 2008. At least...

Faisal Ahmad During past five years China and Pakistan have explored new avenues –energy and infrastructure projects–under the framework of China-Pakistan Economic Corridor (CPEC). Scores of energy and infrastructure projects have been completed and operationalised. Few others are in the process of completion. Meanwhile, bilateral...