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 is that the Current Account Deficit (CAD) and Trade Deficit (Twin … [Read more...] about Economic Front of Pakistan (PTI’s one year)
Do more or a new beginning?on July 23, 2019Prime Minister Imran Khan is making his first visit to United States of America on an invitation from US President Office of Mr. Donald Trump. Both personalities are unpredictable however both have one common objective and that is to stay away from military engagements. US top military site is Afghanistan where the super power seems hopeless where the slogan to pull off from Afghanistan used … [Read more...] about Do more or a new beginning?
Going forward with IMFon July 8, 2019Uncertainties and speculations regarding the loan package from International Monetary fund (IMF) have ended with the news of its approval, finally. First time came into power PTI government has paid a huge price in securing this package by taking some very unpopular decisions. While negotiating with IMF the government suffered a huge loss of its Finance Minister who is considered the brain of the … [Read more...] about Going forward with IMF
Predicting Governor SBP Speechon June 27, 2019Mr. Reza Baqir, newly appointed Governor State Bank of Pakistan (SBP), held a press conference recently on economic outlook of Pakistan which seemed to be focused on three key areas. These areas include agreement with International Monetary Fund (IMF), Exchange rate regime and Interest rate. It was his first mass communication through all kind of media to all stakeholders and to general public at … [Read more...] about Predicting Governor SBP Speech
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
