Currency slides on mounting import payment pressure, geopolitical concerns

Banks’ earnings are projected to surge 20% during 2021-23

Disruption in supplies will be due to shutdown of Pakistan GasPort terminal

Unveils plan to upgrade refining facility to increase production to 100%

Business leaders discuss challenges, changing work model in the wake of pandemic

Surge comes on back of strong demand from industries and households

Keeps in view govt, private sector’s determination to ramp up spending

MPC notes monetary policy stance is still appropriately supportive of growth

Some analysts expect increase in policy rate

Country witnesses steep rise in deficit for second time in three months