Top official says Pakistan must provide good environment to woo businesses

Export growth, import management lead to positive shift, FDI inflows increase by 7%

SBP says CAD dropped 64% or $1.6b in first five months of FY24

Banks inject 92% of deposits into T-bills and PIBs, leaving little for private sector

Agency affirms ‘CCC’ rating for Pakistan that reflects high funding risks

Says move will reduce public sector dominance, attract foreign investment, elevate insurance penetration

Decision comes ahead of IMF board meeting; SBP expects deceleration in inflation

Core inflation is still at an elevated level and is coming down only gradually, says policy statement

Marks departure from earlier predictions suggesting possibility of modest rate cut in Dec 2023

Govt sells Rs30b worth of bond to investors at rental payment of 19.52%