Pakistan's current economic outlook
Click here to read full article from source
Pakistan, Sept. 4 -- The present government came into power in August 2018. In August 2018, Pakistan's economy was suffering from some major imbalances and vulnerabilities. For example, according to the State Bank of Pakistan's Second Quarterly Report for the Financial Year (FY) 2017-18, risks to overall macroeconomic stability had increased due to widening imbalances in the country's balance of payments. The export industry was in distress from long standing structural constraints, that reduced the debt repayment capacity.
The external account was a matter of concern from the macroeconomic stability standpoint, as Pakistan's balance of payments continued to reel under the pressure of surging imports. The tenure of the previous governmen...
To read the full article or to get the complete feed from this publication, please Contact Us