Don’t let this moment of opportunity slip away, IMF warns Pakistan
Mr. Tokhir Mirzoev, Resident Representative of IMF to Pakistan, has warned that the moment of opportunity earned through the stabilisation programme is a hard-earned opportunity to advance deeper structural transformation of the economy to ensure future stability.He also mentioned that there is a need to rebalance the federal-provincial fiscal relations.
MPS today: key policy rate may be kept unchanged
SBP will unveil the Monetary Policy Statement on Jul. 22, 2017 (today). In the previous policy announced in May this year, the committee kept the policy rate unchanged at 5.75%. It is expected that SBP will most likely maintain the status quo for next two months as CPI inflation remained in the target at the end of FY17 and is projected to be around 3% for Jul.’17 and is projected to be around 3% for Jul.’17.
CPEC: Minister sees crucial FBR role
Addressing a Business and Research Seminar on CPEC under FBR’s Directorate of Training and Research (Customs), Planning Minister Ahsan Iqbal has asked the FBR to finalize a detailed plan to ensure its crucial role in CPEC by setting up business-friendly and state-of-the-art documentation system, monitoring and implementation as well as evaluation mechanism.
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