ISLAMABAD: Financial Action Task Force (FATF) on Thursday kept Pakistan in its grey list despite acknowledging significant progress made by the country. “As all action plan deadlines have expired, the FATF strongly…
Category: Articles
Forex reserves fall to $12.949bn
Reserves held by the SBP were recorded at $12,949 million compared with $13,031 million in the previous week. ISLAMABAD: The foreign exchange reserves held by the central bank decreased by $82 million…
Pakistan’s fiscal deficit widens to Rs1.13tr in 6MFY21
Amid a record Rs1.138 trillion fiscal deficit in half of this twelvemonth, the government has called the inaugural meeting of the 10th National Finance Commission (NFC) on Feb 18 to review overall fiscal position of the centre and…
Foreign investment decreased by 30 percent
KARACHI: Foreign direct investment (FDI) fell by 30 per cent within the half of the present financial year , reflecting the impact of Covid-19 that’s still affecting the country also as global economies. The State Bank’s latest data issued on Monday showed…
Pension Schemes in Pakistan under question
The idea of this article came in my mind on treatment of retirees by State Bank of Pakistan which holds a good reputation in this regard. According to SBP in its first…
Shortfalls of PTI government
It is better to bring shortfalls of PTI government within its 2 and half years tenure so as to give them some chance to correct them. First of all 2020 pandemic did…
Political and Economic scenario in 2021
Last sunset of 2020 has taken place and sun of 2021 is now shining on the sky. Politically and economically, the year of 2020 has gone worst for the politics and economy…
We all should speak truth about our economy
In an article published in Dawn of SakibSherani an economist, he has tried to paint the current economic developments as totally positive? I know him from the days when he was serving…
Pakistan in the coming months
For a country that continues to struggle on the economic front, Pakistan has passed through ISTphase of Covid-19 and now second phase is going on. But dealing with a pandemic isn’t a cure…
Pensioners are Being Treated as dead
With the emergence of new economic systems of 20th and 21st century, people use to retire on completion of age limit i.e. 60 years in Pakistan and to compensate them authorities use…