KARACHI: The State Bank of Pakistan (SBP) has remained optimistic about the 3pc economic growth in the Fiscal Year 2021 regardless of the Covid-19 pandemic.
Speaking on the occasion, Governor State Bank, Raza Baqir said that the economy of the country has shown positive signs in the third wave of the pandemic as compared to the week indicators in the first wave.
Shedding light on the economic indicators, the governor state bank highlighted that the Large Scale Manufacturing (LSM) sector grew by 9pc in January as compared to the negative growth of 5.7pc in the same period of last year.
The governor was also of the view that the overseas Pakistanis are investing in the Pakistan Stock Exchange (PSX) through Roshan Digital Accounts (RDA) which is a positive sign for the economy of the country.
The central bank has forecasted 4pc economic growth for the next fiscal year.
Earlier, the International Monetary Fund (IMF) had forecasted 1.5pc GDP growth of Pakistan which is half of the growth target of the central bank.
For news and blogs, visit Graana.com.
ISLAMABAD: The federal government is set to inaugurate the Islamabad Information Technology Park on August…
Lahore, April 23, 2025 – The city of Lahore has successfully completed the construction of…
ISLAMABAD, Pakistan – April 23, 2025 – Chaaye Khana, Pakistan's popular cafe renowned for its…
ISLAMABAD: Prime Minister Shehbaz Sharif laid the foundation stone for the Murree Road underpass on…
DUBAI: Pakistani real estate developers and representatives showcased a range of commercial and residential investment…
ISLAMABAD: Capital Development Authority (CDA) is currently undertaking a major Rs652 million project to upgrade…
Welcome to Graana Blog - Pakistan’s Smartest Property Portal!
For more than a decade our intention has been to revolutionise the real estate industry in Pakistan. The same belief drove the vision of our real estate team, Graana where quality beats quantity.
We have introduced an extremely transparent and purposeful portal where we will help you buy, rent or sell your property. A place where you can sit back relax and let us market your projects and listings. We believe we have set new standards for the future of real estate in Pakistan by providing the smartest property portal.
