Budget Matrix
Growth rate decelerates to 5.8 pct in FY08
Investments as a percentage of GDP fall to 21.6 pct
Savings show massive decline to 13.9 in FY08
Workers’ remittances may fetch $6.5 bln during FY08
GDP growth for FY09 projected to 6.5 pct
Agriculture sector likely to show 4 pct growth during FY09
GDP projections for FY09 show manufacturing growth at 8.5 pct and services at 6.7 pct
Government expects surge in National Savings from 13.9 pct in FY08 to 15.9 pct in FY09
Current account deficit for FY09 expected to remain at 6.5 pct of GDP
CPI inflation projected at 8 pct for FY09
Exports during FY09 projected to grow by 15 pct to $21.6 bln
Imports to grow by 12 pct in FY09 to $37.6 bln
Higher imports of food items, POL, edible oil expected during FY09
Current account deficit to total $13 bln during FY09
Planning Commission proposes PKR 437-490 bln PSDP for FY09
Inflation to remain above 11 pct during FY08
Rupee depreciates by 14.9 pct against dollar
Food inflation at 25.2 pct in April
Y-o-Y CPI inflation at 17.2 pct in April
Non-Performing Loans (NPLs) increase to PKR 239.7 bln
External debt at $45.8 bln till end-March 2008
Domestic debt rises by PKR 411 bln during Jul-Mar FY08
Budget deficit increases to 6.5 pct of GDP during FY08
Banks to pay a minimum profit rate of 5 pct on Saving/PLS saving products
Stock of government borrowing reaches PKR 950 bln
Inflation at highest level since 1970s
Failure to trim food and fuel subsidies widen fiscal gap
SBP imposes 35 pct LC margins on all imports except oil and food
Current account deficit widens sharply to $11.59 bln
Moody's, Standard & Poor's downgrade Pakistan to five notches below investment grade
Current account deficit to range between 7.3-7.8 pct of GDP during FY08
Drawdown of reserves since Oct-2007 total $4.6 bln
Savings rate to go up soon- Naveed Qamar
Government to issue new debt instruments in the market
Regulatory duty on import of luxury goods likely
Government plans cash transfers to vulnerable segments of society- Naveed Qamar
Budget FY09 expected on June 7
Tuesday, May 27, 2008
Subscribe to:
Posts (Atom)
NADEEM MALIK LIVE
NADEEM MALIK LIVE
Nadeem Malik Live is the flagship current affairs programme of Pakistan. The programme gives independent news analysis of the key events shaping future of Pakistan. A fast paced, well rounded programme covers almost every aspect, which should be a core element of a current affairs programme. Discussion with the most influential personalities in the federal capital and other leading lights of the country provides something to audience to help them come out with their own hard hitting opinions.
http://youtube.com/NadeemMalikLive