expects

Record remittances are expected as the State Bank of Pakistan expects October inflows to exceed $3 billion – Trendy Blogger

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Record remittances are expected as the State Bank of Pakistan expects October inflows to exceed billion – Trendy Blogger

Islamabad: In a positive development for the Pakistani economy, the State Bank of Pakistan (SBP) has hinted that remittances for October 2024 are expected to reach or exceed $3 billion. This trend, revealed during the Monetary Policy Committee’s recent briefing, is expected to significantly reduce the current account deficit to negligible levels. The expected remittance … Read more

SBB expects foreign exchange reserves to rise to $13 billion by the end of the current fiscal year – Trendy Blogger

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SBB expects foreign exchange reserves to rise to billion by the end of the current fiscal year – Trendy Blogger

State Bank of Pakistan building in Karachi. – Application/File KARACHI: Despite difficult conditions, Pakistan’s external account has improved significantly since October 2023, State Bank of Pakistan Governor Jamil Ahmed said. Hence, the Central Bank Governor expects the country’s foreign exchange reserves to reach $13 billion by the end of the current fiscal year. This came … Read more

The head of the International Monetary Fund expects tepid growth in the medium term and urges reforms – Trendy Blogger

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The head of the International Monetary Fund expects tepid growth in the medium term and urges reforms – Trendy Blogger

IMF Managing Director Kristalina Georgieva leaves after delivering a speech on global economic outlook and policy priorities ahead of the 2024 IMF and World Bank Group Annual Meetings in Washington, D.C., October 17, 2024. “Rising protectionism and trade restrictions fracture the global economy.” Global trade is no longer the engine of growth it once was: … Read more

Bilawal expects the proposed judicial package to be presented through Parliament by October 25 trendy blogger

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Bilawal expects the proposed judicial package to be presented through Parliament by October 25 trendy blogger

Pakistan Peoples Party Chairman Bilawal Bhutto Zardari speaks to reporters. — Reuters/Archive Bilawal says the PPP wants consensus among all political forces. He says the government has the option of securing the magic number via conscientious voting. “We want judicial reforms and equal rights for the provinces.” In light of the uncertainty surrounding the controversial … Read more