US
Indicates that situation over balance of international payments is under control
ADB research paper says country needs to fix existing structural economic issues
Unless savings rate is increased, country is likely to remain in debt trap
Net international reserves stand at negative, SBP’s short-term liabilities at $12.2b
Pakistan’s economic problems will never be resolved if we continue to latch on to the IMF and other lending agencies
Finance Minister Asad Umer says SBP governor-led team to hold talks on Chinese aid on Nov 9
Discussions likely to begin during World Bank-IMF spring meetings in Washington next month
Gap widening due to heavy debt servicing, recovering oil prices and weak exports
Experts believe situation will change once CPEC starts giving returns
20% drop in July remittances was due to higher inflows in June: SBP governor