Weekly Economic Roundup

News Image

MG News | September 10, 2022 at 09:36 PM GMT+05:00

0:00

September 10, 2022 (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 Weekly Sensitive Price Indicator (SPI) for the Combined Group decreased by 0.58% during the week ended Sep 08, 2022 while the SPI increased by 42.7% compared to the corresponding period from last year.
  • From the inflows from International Monetary Fund (IMF) under Extended Fund Facility (EFF) Program, the total liquid foreign exchange reserves held by the country surged by $1.07 billion or 8% WoW to stand at $14.47bn during the week ended on September 02, 2022.
  • The State Bank of Pakistan (SBP) on Wednesday raised Rs817 billion through the auction of three, six, and twelve-month T-bills against the target of Rs1 trillion.
  • The Government of Pakistan and Asian Infrastructure Investment Bank (AIIB)on Wednesday signed an advance loan agreement worth $1.6 million for the "Lahore Water and Wastewater Management Project".
  • The total debt of the central government surged by 26.7% YoY to Rs50.5 trillion as of July 2022, compared to Rs39.9tr in July 2021.
  • The cumulative outflows from the National Savings Schemes (NSS) in FY22 were recorded at Rs358.8 billion, mainly due to the restrictions imposed on financial institutions to invest in these schemes.
  • Foreign exchange inflows through Roshan Digital Account (RDA)  reached $4.98 billion by August 2022 since its launch in September 2020.
  • The Central Directorate of National Savings (CDNS) on Monday collected the target of issuing Rs220 billion fresh bonds in 2MFY23.
  • Cement despatches declined by 24% in August 2022 to 3.3 million tons against 4.34mn tons during the same month last fiscal year.
  • In the wake of unprecedented floods which have resulted in in a loss of nearly $9.3 billion, the government of Pakistan revised the GDP target to 2.3% against the IMF forecast of 3.5%.
  • Cotton arrivals at the ginneries as of September 1, 2022, posted a decline of 14.04% as it has dropped to 1.54 million bales, compared to the arrival of 1.79mn bales till September 01, 2021.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 136,502.54
259.91M
1.64%
2202.77
ALLSHR 85,079.90
838.35M
1.26%
1061.74
KSE30 41,552.62
97.27M
1.81%
738.33
KMI30 193,330.76
84.69M
0.39%
741.60
KMIALLSHR 56,315.31
366.02M
0.43%
243.06
BKTi 38,498.08
37.91M
4.13%
1526.33
OGTi 28,138.38
5.66M
-0.36%
-101.89
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 120,555.00 123,615.00
118,675.00
2025.00
1.71%
BRENT CRUDE 69.14 71.53
69.08
-1.22
-1.73%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
0.25
0.26%
ROTTERDAM COAL MONTHLY 106.50 106.60
106.50
-2.20
-2.02%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.89 69.65
66.84
-1.56
-2.28%
SUGAR #11 WORLD 16.31 16.67
16.27
-0.26
-1.57%

Chart of the Day


Latest News
July 14, 2025 at 05:26 PM GMT+05:00

Gold price in Pakistan rises Rs1,600 per tola


July 14, 2025 at 04:59 PM GMT+05:00

Tax reforms focus on public ease, transparency


July 14, 2025 at 04:23 PM GMT+05:00

PSX Closing Bell: Another One Bites the High


July 14, 2025 at 04:06 PM GMT+05:00

PKR falls 25 paisa per USD



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg