Karachi is the country’s financial and economic hub, adding 12–15 percent of Pakistan’s gross domestic product (GDP), though it is… Read More
Banks Loans to Private Sector Show Sudden Increase in Last 6 Months
Pakistan’s private sector is set to expand its existing and new businesses aggressively through low mark-up loans, which crossed Rs.… Read More
Pakistan’s Current Account Deficit Crosses $6 Billion in 5 Months
Pakistan’s current account deficit (CAD) has reached a record high level, by crossing $6 billion in a short span of… Read More
SBP Optimistic to Achieve GDP Target As Policy Rate Remains At 5.75%
The Monetary Policy Committee of State Bank of Pakistan (SBP) has decided to keep the policy rate at 5.75% for… Read More
Pakistan to Achieve Highest GDP Growth in 9 Years: World Bank
Pakistan’s Gross Domestic Product (GDP) growth in fiscal year 2017 is expected to climb to 5.2 percent — the highest… Read More
State Bank’s Reserves Fall Below $16 Billion Mark
Foreign exchange reserves of the State Bank of Pakistan (SBP) are on the downside this week, with the total reserves… Read More
Pakistan’s GDP Projected to Grow More Than 5% in FY17: SBP Report
Pakistan’s GDP growth rate is expected to increase between 5 to 6 percent by the end of current financial year… Read More