Remittances and Roshan Digital Accounts
The purpose-wise segregation of bank accounts being fed by home remittances is attracting higher remittances
Mohiuddin Aazim
Facilitating foreign investors
Procedural relief in banking and regulatory regimes proves helpful only to an extent.
Pushing banks for housing finance
Whether home loans have an early positive impact on the overall private-sector borrowings will become clear in a few months.
Beneath wheat and sugar crises
The cultivation of politically sensitive sugar cane and wheat crops has long remained in the hands of powerful landlords.
SBP’s evolution over three decades
The central bank is reportedly seeking a limited role for itself in achieving macroeconomic goals.
In quest of sustainable rupee recovery
The rupee’s sustainable rise against the dollar depends on whether the trade deficit will continue shrinking.
The fiscal side of GIDC
The imposition of a special tax on electricity companies and fertiliser units is bound to be inflationary
The case of monetary policy
The second wave of the pandemic has already hit our European export markets, which can hit our already stagnant foreign sales
Making foreign exchange reserves sustainable
Islamabad has realised it need to improve its import coverage of reserves to be prepared for uncertainties.
Dynamics of deposit mobilisation
Banks are finding it difficult to generate deposits as interest rates are down and the economy is in bad shape
Why getting foreign investment is difficult
Economic fundamentals are not strong for attaining sustainable economic growth and development.
Exchange rate issues still alive
Once imports start growing, the consequent increase in demand for dollars may bring the rupee under pressure
Dynamics of domestic debt growth
Tax revenues may remain insufficient if the focus is only on taxing the already-taxed.
Taming inflation is difficult
The PTI government should improve coordination between fiscal and monetary authorities.
Early signs of a pickup in private sector credit
From the beginning of this fiscal year, the pace of banks’ gross lending to the private sector is somewhat faster than last year.
Low savings invite larger foreign funds
It has become evident to economic managers that keeping the investment-savings gap at very high levels is not viable.
Needed: renewed focus on SMEs
Benefits of concessional finance and other incentives-laden schemes by SBP would result in revival of a limited number of SMEs.
Increase in meat exports comes at a price
Beef and mutton prices have gone up sharply in the last two years while their exports rose substantially.
The quality of the C/A deficit cut
Are economic managers confident that exports that did not grow in the last fiscal year will start increasing now?
Growing domestic debt
Under the PTI government, the tenor of domestic debt has shifted from short term to long term.