IMF second reviewon February 17, 2020International Monetary Fund (IMF) staff level mission has stated that Pakistan has met all economic goals and performance criteria which mean the next trench out of Extended Fund Facility (EFF) of $ 6.0 Billion will be released upon confirmation by IMF Executive Board when IMF staff will submit a detailed report. IMF mission apparently agreed […]
Textile industry, CPFTA — II and new trendson January 26, 2020Textile industry contributes 57% percent of total export volumes and around 9% of the GDP of Pakistan. It employs almost 40% of industrial labor force both skilled and un-skilled workers. Pakistan Bureau of Statistics (PBS) recently reported a growth of merely 3.94% in First Half of Fiscal Year 2020 (1HFY20) despite of devaluation and incentive […]
CPEC Phase-II opportunities unveiled ( Part-II)on January 21, 2020According to adviser to the Prime Minister on Commerce and Textile Abdul Razak Dawood free market access of 313 Pakistani items would bring US$ 6 billion exports growth. Major beneficiary of CPFTA-II will be textile sector of Pakistan. According to a report in Deccan Herald, FTA between Pakistan and China has already dented India’s cotton […]
CPEC Phase-II opportunities unveiled (Part-I)on January 20, 2020International Relations are now more based on mutual economic benefits. However, China – Pakistan relationship has no such limitations but have a proven track record of brotherhood between the two neighbouring countries. On all international fronts both countries support each other whereas Pakistan, often seeks China’s help in United Nations (UN) and at other International […]
PAKISTAN’S ECONOMIC ROUND UPon January 4, 2020Calendar Year 2019 (CY19) was a full year under Pakistan Tehreek e Insaf (PTI) governance. CY19 has actually witnessed 2 quarters of Fiscal Year 2018 – 19 (FY19) and two of FY20. While we evaluate CY19, a glimpse from CY18 under FY19, i.e. first two quarters of FY19, will be handful to understand the year […]
Is economy on right track?on November 23, 2019Despite of facing political turmoil, since Pakistan Tehreek e Insaf (PTI) came into power, it managed to stabilize country’s macro-economic indicators. In such environment,resistance from decades old opposition parties having their strong presence in country’s administration,it remained very difficult for the government to handle state affairs. On the other hand International financial watchdogs i.e. International […]
IMF, Pakistan and global economic slow downon October 21, 2019Globalization has made the world encircled in a very small unit where action taken by one country can easily be felt by others due to connected deeds without limitation of borders. International affairs and precisely economic activities among the countries are very important these days to be understood to align with the changes coming rapidly. […]
CPEC under present regimeon September 30, 2019Prime Minister Imran Khan recent visit to United Nations General Assembly (UNGA), if established Pakistan an important state of the Muslim world, it also highlighted Pakistan’s brotherly relation with China which has become stronger ever since his party came into power. Chinese Foreign Minister addressed Kashmir issue in his speech to UNGA which is also […]
October ’19 & economy of Pakistanon September 23, 2019Financial system of Pakistan is exposed to international financial watchdogs namely Financial Action Task Force (FATF) and International Monetary Fund (IMF). One is looking after Pakistan’s commitment towards Anti Money Laundering (AML) and to check Terrorism Financing. On the other hand, IMF instructed structural reforms in Economic System of Pakistan which is not limited to […]
Economic Front of Pakistan (PTI’s one year)on August 21, 2019A Year is lapsed for PTI that came into power first time with rhetoric to make a new Pakistan by brining corruption free good governance. If one may execute a quantitative analysis, economic indicators may be assumed as a tool of performance together with recovery figures through accountability and broadening of Tax Net. Good news […]