Monday, August 15, 2022
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Weekly Economic Roundup

August 15, 2021 (MLN): The weekly economic roundup summarizes the country's key economic and financial data for the week from various sectors to keep an eye on next week's trends. 

  • The overall output of LSMI increased by 14.85% for July-June FY21 compared to July-June FY20.
  • Foreign investors purchased net securities worth Rs.775.56 million, during the week ended August 06, 2021 which was around Rs.531.84 million lower than last week's numbers.
  • Pakistan recorded the highest generation & transmission of electricity in the country's history at 24,467 MW on Wednesday.
  • Pakistan's Forex Reserves decreased by USD 209.20 Million or 0.84% and the total liquid foreign reserves held by the country stood at USD 24,644.00 Million on Aug 06, 2021.
  • The sale of passenger cars witnessed a two-fold increase to clock in at 20,699 units during the month of July 2021 as compared to 10,123 units sold in July 2020.
  • The total money supply circulating within the economy by the end of FY21 has been recorded at around Rs27.74trillion, according to provisional accounts on Monetary Aggregates for the month, maintained by the State Bank of Pakistan.
  • Workers' remittances continued their strong trend, remaining above $2.0 billion for the 14th consecutive month. At $2.71bn, remittances increased by 0.7 percent over the previous month and showed a decline by 2.1 percent over the same month last year.
  • National Electric Power Regulatory Authority (Nepra) has permitted K-Electric to charge Rs1.25 per unit additional for electricity consumed in January, Rs2.1 per unit for February, and Rs1.94 per unit for March.
  • Sazgar Engineering Works Limited (SAZEW) sold a total of 829 units of three-wheelers against the production of 974 units during the month of July 2021.
  • Pakistan's trade deficit for the month of July 2021 was recorded at USD 3.104 billion compared to a deficit of USD3.624 billion from June 2021 showing an improvement of 14.35 percent.
  • At the start of FY22, the total Deposits held by Commercial Banks have shown a growth of 17% YoY to reach Rs18.8 trillion in July’21, compared to Rs16.12tn in the same month of last year.

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Posted on: 2021-08-15T11:01:00+05:00

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