'Economy Stronger Despite ME Risks'
Inflation averaged 5.7% and reserves rose to $16.4 billion, while GDP growth accelerated 3.8%, Ahmad said.
4 Articles
4 Articles
'Economy stronger despite ME risks'
State Bank of Pakistan (SBP) Governor Jameel Ahmad has said that Pakistan's key macroeconomic indicators have improved faster than anticipated at the beginning of the fiscal year, according to a statement by the central bank on Saturday. While noting that the ongoing conflict in the Middle East has introduced new risks and increased uncertainty about the macroeconomic outlook, the governor said the economy is relatively better positioned compare…
Economy can weather Iran war risks: SBP chief
• Jameel Ahmad says macroeconomic indicators improved faster than expected at start of fiscal year• Claims prudent monetary, fiscal policies stabilised inflation, strengthened buffers KARACHI: State Bank of Pakistan (SBP) Governor Jameel Ahmad has said the country’s key macroeconomic indicators have improved faster than anticipated at the start of the fiscal year, owing to a prudent mix of monetary and fiscal policies that helped stabilise infla…
SBP chief says economy resilient amid Middle East tensions - THE DESTINATION
ISLAMABAD: (Web Desk) – Governor of the State Bank of Pakistan, Jameel Ahmed, has stated that Pakistan’s economy is now in a stronger position to withstand external shocks, including uncertainties stemming from tensions in the Middle East and the ongoing Iran-related conflict. He explained that key economic indicators performed beyond expectations at the start of […] The post SBP chief says economy resilient amid Middle East tensions appeared fi…
Pakistan’s key macroeconomic indicators ‘improved faster than anticipated’, says SBP governor
State Bank of Pakistan (SBP) governor Jameel Ahmad has said that Pakistan’s key macroeconomic indicators have improved faster than anticipated at the beginning of the fiscal year. The remarks come as Ahmad met with senior executives from leading global financial and investment institutions, including JP Morgan, Barclays, Citibank, Jefferies, and Franklin Templeton, as well as major credit rating agencies such as Fitch, Moody’s, and S&P Global. T…
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