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Karachi, June 19, 2012 (PPI-OT): REPAYMENT OF SBA’S THIRD INSTALLMENT TO IMF LATER THIS MONTH According to MR Securities, Pakistan is scheduled to repay the third instalment worth $107 million of the Stand-By Arrangement (SBA) to International Monetary Fund (IMF) in the last week of this month. DOMESTIC DEBT SERVICING: …
Read More »AKD Quotidian about — May’12 CA widens by 50% MoM
Karachi, June 19, 2012 (PPI-OT): The May’12 Current Account deficit has come in at US$414mn, widening by 50.5%MoM. According to AKD Securities, as a result, the 11MFY12 CA deficit has registered at US$3.77bn vs. a deficit of just US$79mn in 11MFY11.The expansion in CA deficit is primarily due to wider …
Read More »Morning Call about Large Scale Manufacturing – Arif Habib Limited
Karachi, June 19, 2012 (PPI-OT): LSM grows by 1.02% in 10MFY12 Large Scale Manufacturing (LSM) during 10MFY12 has displayed a growth of 1.02% YoY. However in the month of April-12, LSM witnessed a contraction of 11.94% MoM and 1.86% YoY. According to Arif Habib Limited, Government changed the base year …
Read More »Current A/C deficit surges to USD 3.77 bn in 11MFY12 – Alfalah Securities Limited
Karachi, June 19, 2012 (PPI-OT): Pakistan’s current account deficit (CAD) has increased to USD 3.77 bn during Jul–May FY12 period as against a deficit of USD 79 mn in the same period last year, according to the data released by the State Bank of Pakistan (SBP). According to Alfalah Securities …
Read More »Govt. disburses PkR 168.5 bn under PSDP – Alfalah Securities Limited
Karachi, June 19, 2012 (PPI-OT): The government has disbursed PkR 168.5 bn or 73.77% under the Public Sector Development Program (PSDP) during July 1, 2011 to June 15, 2012 against an allocation of PkR 228.4 bn for 1,307 infrastructure projects, social and other sector projects. According to Alfalah Securities Limited, …
Read More »LSM sector registers 1.02% growth – Alfalah Securities Limited
Karachi, June 19, 2012 (PPI-OT): The country’s large-scale manufacturing (LSM) recorded a growth of 1.02% during 10MFY12 as per the data released by Pakistan Bureau of Statistics (PBS). According to Alfalah Securities Limited, the provisional quantum index numbers (QIM) of large-scale manufacturing industries stood at 112.71 points in 10MFY12 as …
Read More »PSO reduces fuel supply to power plants – Alfalah Securities Limited
Karachi, June 19, 2012 (PPI-OT): Pakistan State Oil (PSO) has lowered the supply of furnace oil to thermal power plants reducing from 33,000 MT to 8,000 MT per day. According to Alfalah Securities Limited, this is done after PSO’s total receivables surged to PkR 217.4 bn due to non-payment from …
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