Transparency calls for investigation into PSX support Fundon June 16, 2019On June 13, a presenter on a private TV channel took up an important issue regarding a letter written by the Transparency International Pakistan to the Securities Exchange Commission of Pakistan. The TIP has requested the SECP to investigate the Pakistan Stock Exchange Support Fund announced by the prime minister's adviser on finance after a meeting with prominent brokers. The TIP sent this letter … [Read more...] about Transparency calls for investigation into PSX support Fund
Army’s budget cut gesture misunderstoodon June 8, 2019Pakistan has entered into a phase of economic emergency where fewer choices left with zero chance of failure. Artificial appreciation of Pak Rupee with injected external loans created a gap between imports and exports which resulted in huge Trade Account deficit that followed by history's worst Current Account Deficit. Now when PTI came into power, the brain of the party failed to deliver as no … [Read more...] about Army’s budget cut gesture misunderstood
A reality check on Budget 2019-20on June 3, 2019Upcoming Budget is PTI's full year first Financial Document which will be revealed in second week of this month. It is predicted that the budget 2019-20 will be based on conditions imposed by International Monetary Funds (IMF) which state that primary deficit excluding debt servicing is acceptable to 0.6% of Gross Domestic Product (GDP) which otherwise is around 2.5% of GDP in present situation. … [Read more...] about A reality check on Budget 2019-20
Made in Pakistanon May 28, 2019Current Account Deficit (CAD) is that biggest challenge what Financial Managers of present government to deal with utmost care together with debt servicing which is another huge problem. Pakistan is also witnessing Trade Deficit from last many years which need to be controlled in a way that it may not result a slowdown in business activities. PTI has no other option but to tackle these twin … [Read more...] about Made in Pakistan
Dealing with IMF conditionson May 20, 2019Pakistan will soon be entering into 22nd program of International Monetary Fund (IMF). Expected date of implementation is 1st July of this year. As IMF is a lender financial institution therefore negotiation with financial managers of Pakistan took several rounds to satisfy the fund for repayments and use of this extended fund facility amounting to $ 6 Billion Dollars. In this regard some tough … [Read more...] about Dealing with IMF conditions
Post IMF scenerio – Part IIon May 13, 2019Economic experts of Opposition parties fear that IMF will impose Egyptian model through Mr. Reza Baqir who overseen the implementation of the current IMF program in Egypt which was proved in November 2016 and will end later in 2019. However, the fear is not valid and Pakistan's case is not acute like Egypt. The Egyptian program had two contours, that is, free float of currency and reduction in … [Read more...] about Post IMF scenerio – Part II
Post IMF scenerio — Part Ion May 11, 2019Now when a deal with International Monetary Fund (IMF) is being concluded, it seems that the Balance of Payment Crisis (BoP) may be controlled, however due to some tough conditions imposed by the fund, Pakistan will witness further soaring of inflation and economic slowdown in short run that will be bringing unemployment along with other impediments. Pakistan, which joined the IMF in 1950, has had … [Read more...] about Post IMF scenerio — Part I
Budget expectationson May 6, 2019A country's Budget is a most powerful financial document of its kind. It is a tool to control future commitments with the available resources. An ideal situation for Financial Managers making a country's budget is where revenues may be more than expenditures. This situation never exists specially in third world countries where resources are scarcer than requirements, creating a gap between both … [Read more...] about Budget expectations
Future of textile exportson April 27, 2019Textile industry contributes 57% percent of total export volumes and 8.5% of the GDP of Pakistan. Annual Export figure closed last fiscal year at$25 Billion out of which $13.53 Billion was from Textiles. According to Textile Policy 2014-2019, Textile exports to increase by double i.e. from $13 Billion to $26 Billion, which could have created some 3 million additional jobs. Government also extended … [Read more...] about Future of textile exports
Real value of economyon April 25, 2019Understanding fundamentals of Economics is very important for analysing Economic performance of a country by a particular team of professionals. There are several theories in Economics which deal with different problems and its solutions, however, all theories are based on some assumptions. Remaining constant of an assumption during implementation of Economic Model is very important. Sometimes a … [Read more...] about Real value of economy
