Policy rate hike-weak rupee can be ‘deadly’ combination
Five global central banks, including State Bank of Pakistan, will be making policy announcements this week. The other four are Bank of Japan (BoJ), Bank of England (BoE), Federal Reserve…
Ceasefire redraws strategic lines?
The May 10 ceasefire between India and Pakistan has brought considerable relief to millions across the border after days of unprecedented aerial strikes, drone warfare and cross-border shelling. Brokered with…
Pakistan’s economic strategy
The overarching economic strategy of the incumbent government is not quite focused on achieving macroeconomic stability, though that is certainly a stated objective, or to implement pro-growth policies — pledged…
Policy rate unchanged
The Monetary Policy Committee (MPC), met under the chairmanship of the Governor State Bank of Pakistan (SBP) on 10 March 2025, and decided to keep the policy rate unchanged at…
Value of the rupee
The SBP has released the estimate of the Real Effective Exchange Rate (REER) Index of the rupee in December 2024. It stands at 103.7, as compared to 103.2 in November.…
Fall in the rate of inflation
The very good news is that there has been a precipitate drop in the rate of inflation, as measured by the Consumer Price Index (CPI) of the Pakistan Bureau of…
The rupee’s crash
THE spiral of inflation and devaluation the country is caught up in did not begin a few months ago. It began in 2021. The rupee had fluctuated in a band…
Medium-term budget strategy
The Federal Ministry of Finance has released the Medium-Term Budget Strategy Statement for the period, 2024-25 to 2026-27. The Fiscal Responsibility and Debt Limitation Act of 2005 states that the…
Big fall in the rate of inflation
The Pakistan Bureau of Statistics (PBS) has come up with a very pleasant surprise. The year-to-year rate of inflation, as measured by the Consumer Price Index (CPI), has come down…
The falling rate of inflation
The last few months have witnessed a major drop in the rate of inflation as measured by the Consumer Price Index. According to the Pakistan Bureau of Statistics, it was…
