KCCI Business Sentiment Survey

Recently, KCCI Research published a report KCCI: Karachi Business Sentiment Survey Report
In the report titled Karachi Business Sentiment Survey Report KCCI in its relentless efforts to serve the business community of the metropolis launched its first ‘Karachi Business Sentiment Survey’ on 1st Jan’20 and concluded collection of response on 15th Mar’20. A total of 1,103 manufacturers, service providers and traders from diverse sectors filled the survey. Majority of the responders experienced at least some friction in business activities with general pessimism prevailing in nearly all sectors. These businesses are also skeptical on growth prospects in 2020 which is worrying since the Coronavirus Pandemic is likely to have further dampened the situation. Rupee depreciation, unprecedented rise in utility costs and Pakistan’s outdated tax system clogged with anomalies and complexities were said to be the biggest challenges for businesses. Nearly half of the responders claimed to have laid off workers in 2019.

KCCI E-Bulletin Archive >>


Teli, Shahab ask govt. to give relief to all sectors of economy

President KCCI Agha Shahab Ahmed and former President KCCI and Chairman BMG Siraj Kassam Teli have urged PM Imran Khan, Advisor on Finance, Advisor on Commerce and Federal Minister for Industries to announce across-the-board relief to all the sectors of the economy instead[…]

Continue reading

IMF expects freeze on non-debt servicing expenditures

With a fiscal deficit estimated at around 9% of GDP in FY21, the govt. is struggling to put the IMF program back on track as the Fund expects a tight freeze on all non-debt servicing expenditures. IMF had sought to contain the primary deficit to -0.4% of GDP while authorities are still fighting for its[…]

Continue reading

PKR 1.41Tn development budget set to pursue 2.3% growth target

The Annual Plan Coordination Committee (APCC) has finalized total development outlay of about PKR 1.41Tn to achieve an economic growth rate of about 2.3% in FY21. The APCC meeting has approved a federal PSDP worth PKR 630Bn. The four provinces would have cumulative development[…]

Continue reading

NA, Senate budget sessions begin today

The budget sessions of both the houses of parliament — National Assembly and Senate — are set to begin today (5th Jun’20). The Senate is scheduled to meet in the morning whereas the National Assembly session will be held in the afternoon. The govt. plans to present the FY21 Federal Budget on 12th[…]

Continue reading

KCCI R&D Services