Category: Blog

Pakistan’s Economic Outlook: Navigating Challenges and Embracing Growth in 2024

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pakistan-economy

In a recent report by Bloomberg economist Ankur Shukla, Pakistan’s economic landscape is poised for recovery, projecting a growth of 2.1 percent in the fiscal year and a significant acceleration to 4.8 percent in fiscal 2025. Several factors contribute to this optimistic outlook, including the approval of a $700 million loan tranche from the International Monetary Fund (IMF) in November, easing supply bottlenecks, lower interest rates, and positive agricultural indicators. IMF Support and Fiscal Landscape: The approval of the IMF loan tranche in November has played a pivotal role in…

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Navigating Pakistan’s Economic Landscape: Elections, Economic Trends, and the Path to Stability”

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pakistan-economy

Introduction: As Pakistan gears up for general elections scheduled for February 8, there are signs of optimism regarding the resolution of the country’s economic and political challenges. The announcement of a firm election date, following consultations between the Election Commission of Pakistan and the president, has put an end to speculation and controversy. Despite concerns raised by major political parties about the fairness of the upcoming elections, the focus is shifting towards forging alliances and preparing for the crucial polls. Political Dynamics: The political scenario is marked by the imprisonment…

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Value of PKR

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depreciating-rupee

There have been unusual developments in the value of the rupee (PKR) during the last seven weeks. From a trend in the form of a declining value with respect to the US$, there has been an unanticipated reversal in this trend. During the month of September and up to the middle of October the rupee has actually gained in value by almost 14% in the open market. Simultaneously, the inter-bank exchange rate has improved by over 8%. The appreciation in the value of the rupee has been taking place at…

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Top 10 profit making Institutions:

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economy

Oil and Gas Development Company Rs100.8 billion Pakistan Petroleum Company Limited Rs49.4 billions National Bank or Pakistan Rs30.6 billion Government Holding Private Limited Rs29.8 billion National Power Parks Management Rs28 billion Port Qasim Authority Rs15.4 billion National Transmission and Dispatch Company Rs9.3 billion Pak Kuwait Investment Company Private Limited Rs6.3 billion Faisalabad Electric Supply Company Rs6.08 billion Pakistan Agricultural Storage and Services Corporation LimitedRs6.02 billion Top 10 Loss-making Institutions Quetta Electric Supply Company Rs108.5 billion National Highways Authority Rs94.3 billion Pakistan Railways Rs50.2 billion Sukkur Electric Power Company Rs40.8 billion…

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