News

Re-evaluating our import strategy

The recent trends in economic activity, particularly the inflation rate, inspire optimism about Pakistan's economic conditions. The inflation rate has dropped to its lowest level in nearly four years, while the trade deficit remains stable at around $5.4 billion in the first quarter of the fiscal year. Exports, standing at $5 billion, have increased by almost 15%, and imports have risen by 7% in t

Falling bond yields: What\'s next for investors?

Recently, the one-year Treasury-Bill (T-Bill) and three-year Pakistan Investment Bond (PIB) rates have been trading near 13% and 12%, respectively. Quantitative analysis shows that the fall in yields during this fiscal year is due to increased demand for fixed-income securities, leading to capital appreciation. Investors have enjoyed returns beyond the agreed coupon rates, with some realising annu

New IMF facility: more of the same

Following approval of the $7 billion Extended Fund Facility (EFF) by the International Monetary Fund (IMF), Pakistan has received the first tranche amounting to $1 billion. Immediately thereafter, the exchange value of the rupee registered an uptick, as the IMF loan will also make it easier to borrow both multilaterally and bilaterally. According to the fund, the new three-year credit programme

The plight of female farmers

Climate change is becoming one of the most significant concerns for agricultural workers worldwide, particularly in susceptible areas like Sindh. As temperatures rise and weather patterns grow more irregular, the farming sector, which is the foundation of Sindh’s economy, suffers significantly. Female farm workers, who account for a sizable share of the labour force, are among those most affect

A gateway to development

Pakistan is a massive country of over 225 million souls, and with a fifth-gear population growth rate of 2.55 per cent per annum, it faces the grim task of feeding its population. The country is also one of the top ten countries with climate change risk in the world. The economy is precarious and, with one of the highest GDP-to-public debt ratios in the world, faces the daunting task of rebuild