Good Morning The SPI inflation during the week that ended March 26 against March 19 witnessed a reduction of 1.25 percent for combined income groups, ie, from 129.72 points to 128.10 points, the Pakistan Bureau of Statistic (PBS) revealed. The offshore investors are continuously withdrawing their investments from the Pakistan Capital Market as an outflow of… Continue reading Daily News:30th March 2020
Author: Anum Qudsia Siddiqui
Daily News:27th March 2020
Good Morning “Amid growing concerns about the potential economic impact of the Covid-19 pandemic, the SBP with the collaboration of the PBA has announced a comprehensive relief package that will help relevant stakeholders including households and businesses (microfinance, small and medium enterprises (SMEs), corporate, commercial, retail, and agriculture) to manage their finances through this temporary… Continue reading Daily News:27th March 2020
KASB Morning Shout:26th March 2020
Good Morning Pakistan is seeking another $1.4 billion loan from the International Monetary Fund (IMF) to help it deal with the economic slowdown from the coronavirus, Finance Adviser Abdul Hafeez Shaikh said on Wednesday. The Pakistani rupee took a drubbing at the hands of the US Dollar after USD rose to Rs162 after a rise of… Continue reading KASB Morning Shout:26th March 2020
Black swan and the global economy
While the global economy was still recovering from the wounds afflicted by the Financial Crises of 2007-08, coronavirus has come as a “black swan” and has dealt us another blow. It has just exacerbated our pain by sprinkling salt on to our pre-existing wounds. As I write, all I see is bloodbath in stock markets,… Continue reading Black swan and the global economy
KASB Morning Shout:25th March 2020
Good Morning Prime Minister Imran Khan Tuesday unveiled a financial relief package worth around Rs1.2 trillion to ward off the negative impact of coronavirus on the country. The package included reducing prices of petrol, diesel and kerosene by Rs15 per litre, providing Rs3,000 monthly stipend for daily wagers, and improving liquidity crunch for exporters and… Continue reading KASB Morning Shout:25th March 2020
KASB Morning Shout:24th March 2020
Good Morning The weekly SPI inflation during the week ended March 19 against March 12 witnessed an increase of 0.05 percent for combined income groups, ie, from 129.66 points to 129.72 points, Pakistan Bureau of Statistic (PBS) revealed. In view of the fact that banks and stock market are vital instruments of country’s financial system, the… Continue reading KASB Morning Shout:24th March 2020
Macro Blog: Happy weekend
Dear Friends, I hear its a nice and sunny day in Karachi. London is also preparing for its spring. I’ll be honest, last week was very tough. We have been self-quarantined in almost a full lock-down with our two daughters, Mashal (9) and Manahil (6). I hear its mostly similar outside. In December, I spent… Continue reading Macro Blog: Happy weekend
KASB Morning Shout:20th March 2020
Good Morning The number of confirmed coronavirus cases in Pakistan have jumped to 454 after Balochistan, Punjab, Sindh, Gilgit-Baltistan and Khyber-Pakhtunkhwa announced an increase in their provincial tallies. Prime Minister Imran Khan Thursday said in order to check the spread of coronavirus in the country and protect the people and economy from its effects, the government… Continue reading KASB Morning Shout:20th March 2020
Can Pakistan’s economic decay be halted?
Expectations were sky-high when Imran Khan took over Pakistan’s reins in 2018 with most voters hoping that their financial well-being would improve. The Pakistan Tehreek-e-Insaaf (PTI) government has now been in power for approximately 18 months, and therefore, it would be a good time to gauge whether the hopes of their voters were misplaced or… Continue reading Can Pakistan’s economic decay be halted?
Macro Blog: Banks paradox & 4Q19 earnings review
Dear Friends, I hope you had a lovely Valentine’s day. According to a survey by Gallup, around 58% of Pakistanis oppose celebrating Valentine’s Day (click here). Only 18% are in favor of celebrating it. I will make the safe assumption that all of the readers of this blog are in that 18%. I am in… Continue reading Macro Blog: Banks paradox & 4Q19 earnings review
