Tag Archives: Economic Outlook

The Pakistan Stock Exchange (PSX) exhibited positive momentum on Friday, driven by an improved economic outlook and investor interest in the government’s ongoing discussions regarding the privatisation of state-owned enterprises (SOEs). The market also drew support from bullish global equity trends and the government’s commitment to reducing power tariffs. Market Performance and Trends Trading commenced with strong buying activity, and …

The federal government reduced its inflation forecast for August to a single digit on Friday, which could compel the central bank to consider a significant interest rate cut in the next monetary policy meeting. The Ministry of Finance’s monthly economic outlook projects inflation to range between 9.5% and 10.5% in August, with a further decline anticipated to 9% to 10% …

Inflation Forecast and Economic Outlook August 2024 In a recent update, the government has projected a reduction in inflation to a range of 9.5-10.5% for August 2024. This forecast comes amidst positive trends in key economic indicators and efforts to stabilize the economy. The projection also suggests a further decline in inflation to 9-10% by September 2024, offering a cautiously …

State Bank of Pakistan (SBP) Governor Jameel Ahmad has expressed optimism about the country’s economic outlook, attributing the positive shift to effective measures implemented by the government and central bank. His message, delivered by Executive Director Muhammad Haroon Rasheed during Independence Day celebrations at the SBP, outlined significant improvements in macroeconomic indicators. Decline in Inflation and Reduction in Current Account …

On Wednesday, Pakistan’s central bank revealed that the country will repay a total of $24.8 billion in foreign debt and interest payments for the fiscal year 2024-25. This figure is a reduction from the previous projection of $26.2 billion, representing a 5% decrease of $1.4 billion. The adjustment indicates that meeting financial obligations might be more manageable than initially anticipated. …