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KARACHI:The State Bank of Pakistan (SBP) has revised down its projection for real economic growth by half a percentage point, pu
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nike air max95 or and stabilisation measures taken to preserve macroeconomic stability. SBP has revised down its projection for real GDP (gross domestic product) growth during FY19 by 0.5 percentage point to 3.5-4.0%, the central bank said in its second-quarter (Oct-Dec 2018) report on the state of economy on Monday.The economy was set to slow down in the second half (January-June) as inflation was likely to rise further, revenue collection would drop and fiscal deficit would widen further, the central bank said. Regarding price pressures, inflation is expected to remain high in the second half of FY19, it said. CPI infla
dunks brown tion (is projected) at 6.5-7.5% for the full year, it added.China deposits $2.2 billion in SBP reservesThe SBP projected that the fiscal de Lnbw PM Imran Abu Dhabi crown prince discuss Covid-19 pandemic debt relief
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