• About
  • Advertise
  • Contact
Saturday, June 25, 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

Rising current account deficit, imports pose threat to economy

byMuhamad Arshad
August 26, 2021
in Business, Economy, Finance
Reading Time: 1 min read
0
current account deficit,
352
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter

Pakistan’s economic managers on Wednesday noted rising international commodity prices, higher import bill and current account deficit (CAD) as key risks to macroeconomic outlook and decided to have closer coordination and vigilance for policy adjustments to support higher growth.

At a meeting of the Monetary and Fiscal Policies Coordination Board (MFPCB) presided over by Finance Minister Shaukat Tarin, State Bank of Pakistan Governor Dr Reza Baqir pointed out that the increase in commodities prices in the global market would have implications for higher import bill and inflation.

RelatedPosts

SBP denies issuing any design of Rs75 banknote

12.5% tax rate for those earning Rs100000-300000/month

Pakistan Can Earn $8 Billion Through Marijuana

The finance minister asked “for designing and executing policies to achieve economic targets and overcome the possible risks” and advised to MFPCB more effective for maintaining better coordination of policies to achieve the planned macroeconomic goal.

Other members of the board present in the meeting were the Adviser to the PM on Commerce & Investment Abdul Razak Dawood, Deputy Chairman Planning Commission (PC) Dr Jehanzaib Khan and Private Member Dr Asad Zaman.

Tags: CADCurrent Account DeficitFiscal Policies CoordinImportsLatest economy
Muhamad Arshad

Muhamad Arshad

Related Posts

SBP denies issuing any design of Rs75 banknote

SBP denies issuing any design of Rs75 banknote

The State Bank of Pakistan has clarified that the design circulating on various social media platforms regarding the commemorative banknote...

12.5% tax rate for those earning Rs100,000-300,000month

12.5% tax rate for those earning Rs100000-300000/month

For the salaried class, the government proposed a tax rate of 2.5 percent for income brackets of Rs50,000 to Rs100,000....

Next Post
third-party products

New SBP instructions for selling third-party products

Leave a Reply Cancel reply

Your email address will not be published.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

Recommended

SBP denies issuing any design of Rs75 banknote

SBP denies issuing any design of Rs75 banknote

12.5% tax rate for those earning Rs100,000-300,000month

12.5% tax rate for those earning Rs100000-300000/month

Pakistan Can Earn $8 Billion Through Marijuana

Pakistan Can Earn $8 Billion Through Marijuana

Pakistan Becomes Third Fastest Growing Markets on Amazon

Pakistan Becomes Third Fastest Growing Markets on Amazon

Rescue 1122 sends three ambulances to Afghanistan

Rescue 1122 sends three ambulances to Afghanistan to bring seriously Injured to Pakistan for Treatment

Development projects in Gwadar should be completed in stipulated time: PM

Development projects in Gwadar should be completed in stipulated time: PM

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

© 2020 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

© 2020 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