Stories from Salman Siddiqui
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Despite heavy inflow from China, FDI fails to pick up in FY18
Amount increases meagre 0.8%, stands at $2.76b during July-June
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Currency plunges to Rs128 against dollar
Currency falls 5.29% after closing at Rs121.55 on Friday
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Caretaker govt kick-starts process of availing IMF bailout
Finance ministry, however, says option to be exercised by next government
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Monetary policy: SBP increases key interest rate by 100 basis points to 7.5%
Hike comes as economy prepares to deal with increasing inflationary pressure
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SBP expected to hike interest rate, but analysts divided over how much
Move meant to deal with inflation, current account and fiscal deficits
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‘Pakistan needs 6.6% growth to accommodate new job seekers’
SBP says improvement in infrastructure creates opportunities
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SBP sees gloomy growth for Pakistan in FY19
Says target of 6.2% unlikely to be met; inflation to be higher
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Remittances amount to $19.62b in FY18, but target missed
Pakistan falls short by $1b as oil-exporting and producing countries cut back
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SBP opens accounts for dam donations
Made operational worldwide to facilitate overseas Pakistanis
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Paying the (p)rice for water shortage
Plantation has already been delayed this season; could affect output