10

Mar

Post MPS blues

By Mustafa Pasha Published in The Express Tribune on March 10, 2022 KARACHI: The State Bank of Pakistan announced its decision to keep the policy rate stable at 9.75% this week. The market had mixed expectations on whether there would be a hike or not. Given that inflationary and external account pressures stem mainly from supply side […]

09

Mar

State of crisis

By Maleeha Lodhi Published in DAWN on March 07,  2022 MUCH of Pakistan’s political history has been about governance failures and missed opportunities. Political instability has been endemic with the country alternating between military interventions and civilian rule. Reforms that could have transformed the country and placed its economy on a high-growth and sustainable trajectory were repeatedly[…]

09

Mar

SBP keeps policy rate unchanged

By Shahid Iqbal Published in DAWN on March 09, 2022 KARACHI: The State Bank of Pakistan (SBP) kept the benchmark interest rate unchanged at 9.75 per cent on Tuesday. However, it warned that continued adverse conditions on the Russian-Ukraine front could pose challenges to the outlook for the current account deficit and inflation expectations, necessitating changes in[…]