Capital market death
By Ammar Habib Khan Published in The News on October 15, 2023 Capital markets in any economy characterize the nature of that economy. The depth of such markets refers to how much capital exists in such a market, while the breadth refers to how much such a market is spread […]
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OctIMF sees large financing needs
By Shahbaz Rana Published in Express Tribune on October 13, 2023 ISLAMABAD: The International Monetary Fund (IMF) said on Thursday that Pakistan’s external financing needs remain large but its foreign exchange reserves coverage is precarious at only 70% of the country’s short-term foreign debt. In its Middle East and Central[…]
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OctRemittances hit 6-month peak at $2.2b
By Salman Siddiqui Published in Express Tribune on October 11, 2023 KARACHI: The remittances sent home by overseas Pakistanis hit a six-month high at $2.20 billion in September 2023, as expatriate workers increasingly used official channels following a government crackdown on currency smugglers and the illicit Hawala-Hundi traders. The increase[…]
IMF expects faster economic recovery in optimistic outlook
By Khaleeq Kiani Published in DAWN on October 11, 2023 • Sees Pakistan’s growth at 2.5pc this year, 5pc in FY25 • Says world economy resilient to shocks but ‘limping’ as inflation remains high ISLAMABAD: Acknowledging Pakistan’s better-than-anticipated current account show last fiscal year, the International Monetary Fund (IMF) expects[…]
