Stories from Salman Siddiqui
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SBP flags piling debt, inflation as major concerns
Around 20.7m people lost jobs during lockdown last year
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Govt’s dividend income may rise 100%
Revenue will go up if SOEs are forced to pay 50% of income in dividend to shareholders
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Pakistan’s REER hits three-year high in April
High reading suggests exports are at risk of losing competitiveness
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Brokerage house expects 4.6% growth
Projects GDP higher than govt’s estimate for FY21 on back of booming LSM sector
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Most analysts expect no change in policy rate
Some expect appointment of new finance minister to impact politico-economic landscape
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PSX trading volumes hit all-time high
Investors traded 1.56b shares for first time in history
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Current account deficit at $200m
Gap shrinks 61% year-on-year in April; for 10 months balance is in surplus at $773m
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Pakistan has high growth potential
Moody's review sees high growth coming mainly from LSM sector
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Rs86b withdrawn from saving schemes
Money pulled out in wake of change in govt policies, compliance with FATF plan
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Current account to stay in surplus
Inflow of foreign currencies estimated to surpass outflow in current fiscal year