• About
  • Advertise
  • Contact
Friday, August 12, 2022
  • Login
WRITE FOR US
Economy.pk
  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
No Result
View All Result
Economy.pk
  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
Economy.pk
Home Business

Govt sees rapid growth amid external account pressures

byMuhamad Arshad
July 29, 2021
in Business, Economy
Reading Time: 1 min read
0
Govt sees rapid growth amid external account pressures
361
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter

The Ministry of Finance on Wednesday anticipated a surge in economic activities despite the uncertain pandemic situation but warned that transition to higher growth could build pressure on external accounts.

“In the transition towards a higher potential growth level, pressure can be built on external accounts,” the economic adviser’s wing of the finance ministry said in its Monthly Economic Outlook (MEO) for July, calling for close monitoring to ensure that the new growth strategy is sustainable without any macroeconomic imbalances as observed in the past.

RelatedPosts

Double whammy for Karachiites as NEPRA approves Rs11.10 hike in power tariff amid load shedding

Police Demand new vehicles worth 8 billion

Prices of Superior Kerosene Oil and Light Diesel Oil expected to increase

The report said the objective of recent accommodative monetary and fiscal policies was to put Pakistan’s economy on a higher growth trajectory and the economic recovery in Pakistan’s main exporting partners was making the external environment favorable. However, recent deadly floods in Germany, China, India, and North America may raise direct and indirect economic losses along the global supply and trade chains.

It said the surge in economic growth was expected to continue in FY22 on account of reopening of economic activities and acceleration in the vaccination process. The risk of pandemic still exists, however, the government may not follow complete lockdown given the public behaves responsibly by following the Covid-related SOPs.

Tags: COVID-19COVID-19 Vaccineeconomic activitiesEconomic OutlookMinistry of finance
Muhamad Arshad

Muhamad Arshad

Related Posts

Double whammy for Karachiites as NEPRA approves Rs11.10 hike in power tariff amid load shedding

Double whammy for Karachiites as NEPRA approves Rs11.10 hike in power tariff amid load shedding

On Thursday the National Electric Power Regulatory Authority (NEPRA) notified an increase in the power tariff by Rs11.10 per unit...

Police wish-list to cost exchequer Rs8 billion

Police Demand new vehicles worth 8 billion

Punjab Police has demanded new vehicles worth Rs. 8 billion from the provincial government. The department has sent a proposal...

Next Post
Amazon

Amazon denies report of accepting cryptocurrency as payment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Making Pakistan Proud; Pakistani Filmmaker Hamza Baig Selected as a Mentee for Forecast 7 in Germany

Making Pakistan Proud; Pakistani Filmmaker Hamza Baig Selected as a Mentee for Forecast 7 in Germany

Double whammy for Karachiites as NEPRA approves Rs11.10 hike in power tariff amid load shedding

Double whammy for Karachiites as NEPRA approves Rs11.10 hike in power tariff amid load shedding

Crow stuck in kite strings saved on LHC premises

Crow stuck in kite strings saved on LHC premises

Pakistani Cricketers will Now Get Rs. 838,000 Per Test Match

Pakistani Cricketers will Now Get Rs. 838,000 Per Test Match

Police wish-list to cost exchequer Rs8 billion

Police Demand new vehicles worth 8 billion

Chinese national safely rescued from Arabian Sea near Karachi

Chinese national safely rescued from Arabian Sea near Karachi

Connect with us

Twitter

Economy.pk

Economy.pk touches diverse topics with a lighter note and is geared toward audiences with various interests and all ages. Come and explore Economy.pk. Ample details and analysis are provided in extraordinarily readable manner making them compelling and interesting at the same time.

Category

  • World
  • Politics
  • Business
  • Technology
  • Education
  • Health
  • Life & Style
  • Opinions

Social Media

  • Facebook
  • Instagram
  • Twitter
  • Linkedin

Sitelinks

  • Sitemap

Download our APP

download on android app download on apple app
  • About
  • Advertise
  • Contact

© 2022 All Rights Reserved Economy.pk | Designed & Developed by Digital Otters

  • LATEST
  • World
    • Europe
    • Americas
    • Asia
    • Oceania
    • Africa
    • Canada
    • Middle East
  • Finance
  • Politics
  • Business
    • Economy
    • Finance
    • Entrepreneurship
    • Real Estate
  • Technology
    • Cyber Security
    • Mobiles
    • Social Media
  • Education
  • Sports
  • Life & Style
    • Personalities
    • Art
    • Culture
    • History
    • Entertainment
    • Fashion
    • Food
    • Health
      • Environment
      • Fitness
  • Sponsored

© 2022 All Rights Reserved Economy.pk | Designed & Developed by Digital Otters

No Result
View All Result

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In