Pakistan records a $9mn Current Acc. (CA) surplus for Nov23.
For an import-based economy, low CA deficit/surplus means low growth, but notable takeaway is: exports +22% vs imports +3%. In...
China dominates as Pakistan’s top import partner in November
18 December 2023 Published in: Mettis Global Among Pakistan’s top trading partners, China remained the top source of imports for...
Belt and Road (Pakistan) Center launched to empower Pak-Changshu cooperation
18 December 2023 Published in: APP The Belt and Road (Pakistan) Center was officially launched in Changshu, China.A delegation led...
Pakistan reports current account surplus of $9mln in Nov 2023
18 December 2023 Published in: ARY News Pakistan’s current account posted a surplus of $9 million in November 2023, ARY...
Investment visas
18 December 2023 SIFC (Special Investment Facilitation Council) is in the news again, like it’s often been over the last...
Fitch maintains rating
18 December 2023 Published in: Business Recorder Fitch has maintained Pakistan’s rating at CCC positive — a rating that has...
Pakistan’s current account posts surplus of $9mn in November
What does it imply? 1. Economic Stability 2. Investor Confidence 3. Currency Stability 4. Reduced dependency on External Financing https://twitter.com/saleemfarrukh/status/1736665482525356514?s=48&t=NZNslpD32xNph6St6gGFQA
Good to note increased Cotton production
As of Dec 15, 2023. Pakistan: 8.0mn bales( +74% YoY) Sindh: 4.1mn bales (120% YoY) Punjab: 4.0mn bales (+43% YoY)...
Pakistan’s Current Account Deficit has improved
Considerably to $1.16 bn in Jul-Nov FY24, vs $3.26 bn in Jul-Nov FY23, November 23, posting a CAD surplus of...
