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BoP crisis

A breath of fresh air. A ray of hope. The new government, however, is up against serious challenges. The rupee has lost 50 percent of its value over the past…

Unsustainable BoP

The State Bank of Pakistan (SBP) has just released the numbers on the external balance of payments (BoP) position for 2021-22. The current account deficit for the year has closed…

Managing the BoP

Pakistan today faces an incipient financial crisis. Gross foreign exchange reserves of the SBP stand at $10.8 billion as of the 8th of April. They have plummeted by $5.5 billion…

State of the BoP

The SBP has recently released the statistics on the balance of payments for Pakistan for the first quarter of 2020-21. It contains one piece of very good news. The current…