The Expected Monetary Policy next week is most likely to observe “Status Quo“.
Very rightly said expected Foreign inflows are not materialized as yet and are expected to be received once the first review of IMF is approved. The IMF has also mentioned that Pakistan remains committed to maintaining a sufficiently “Tight Monetary Policy” said ateeq ur rehman (economic & financial analyst).
The Challenges are there of building resilient business for a sustainable future and avoiding the Tradition of Trade Deficits with the Majority of the Countries. Easy Access to Finance to Exporters are available with 12% to deal with the situation, therefore, the Status Quo is helpful.
He added that in the present difficult situation, Importing of Raw Material specially for Pharmaceutical Industry is only viable once the interest rate is low.
The low cost of funds will help in establishing new Special Economic Zones, Export Processing Zones and Industrial Zones. With that, we badly need the expansion and modernizing of Ports, Fish Harbors, Berths, Dredging Units, Storage Spaces, Processing Units and as a whole the Dairy Farming, Cattle Farming, Aquaculture, Poultry and Agronomy said ateeq.
It is suggested and requested to maintain the “Status Quo” for the sustainability of the size of income generated through long term savings / pensions by senior citizens, deprived and NGOs for maintaining their day to day financial requirement and maintaining Endowment Fund.
