Posts Tagged fiscal year

State bank of Pakistan, Trade deficit expected to rise

Posted on May 8, 2009

KARACHI: Pakistan’s trade deficit is likely to mount in the current fiscal as country’s export target is not going to be met this year. This was highlighted in the Economic Update issued by the State Bank of Pakistan. It said achieving the tax revenue target will be difficult and it appears that the target will [...]

Private sector loans plummet by over six-times: SBP

Posted on April 29, 2009

KARACHI: Private sector loans during the current fiscal year plummeted by over six-times depicting the slowdown impacts in country’s economy more visible. State Bank of Pakistan (SBP) released figures said that the volume of new loans to private sector during July 2008 to April 18, 2009 amounted to Rs55.43 billion as against Rs359 billion during [...]

  •  
  •