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IMF concerned over fall in Pakistan investment

Source: Geo News | 12-11-2013

International Monetary Fund (IMF) has expressed its concern over the decline in investment in Pakistan bringing the country’s foreign exchange reserves under pressure.

IMF in its report released here said that Pakistan’s growth rate could remain at 2.75 percent during the current fiscal year, while the high expenditure and low income could result in the financial deficit to gross domestic product at 5.5 percent.

Economic analysts said that the restoration of peace and resolving the energy crisis could increase investment in the country and, thereby, with the rise in exports the forex reserves could also improve.

Energy: Power generation capacity expected to jump 46% by 2018

Source: Tribune | 08-04-2013

After five years of unbearably long daily power outages, Pakistan’s private sector has had enough: over the next five years, they plan on investing over $14.3 billion in increasing the nation’s power production capacity by nearly 46%, and they are doing so by investing in the cheapest possible sources of electricity. According to data rele..... Read more

First private hydropower IPP starts production

Source: The Nation | 26-03-2013

Pakistan’s first private hydropower IPP established by Hub Power Company (Hubco) has commenced commercial operations. An announcement here on Monday said that Pakistan and AJK’s first private Independent Power Producer (IPP) Laraib Energy Limited, the 84MW New Hydropower Project has commenced commercial operations on March 23. The project wi..... Read more

SBP defends minor adjustment: Policy rate goes below 10pc after five years

Source: Dwan news | 16-12-2012

The State Bank on Friday cut its policy interest rate by 50 basis points to 9.5 per cent. The decision brought down the rate to a single digit for the first time in five years. In its monetary policy for December and January, the central bank expressed concern over a number of issues directly or indirectly impacting the monetary manageme..... Read more

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