Inflation Rate In Pakistan April 2020

noreply@blogger.com (Raja Muhammad Ali) — Wed, 20 May 2020 15:32:00 +0000

Inflation, as measured by the Consumer Price Index (CPI),CPI has been on a downward trend for the second consecutive month due to a combination of factors, including improved food supplies and lower energy prices.


Inflation Rate In Pakistan April 2020

Inflation eased to 10.2 percent in March from 12.4 percent in the previous month. On a monthly basis, it increased by 0.04% in March 2020. During July-March fiscal year 2020, CPI inflation
reached 11.53% (6.31% last year).

The Sensitive Price Index (SPI), which monitors the rise in prices of 51 essential commodities on a weekly basis, shows an increase of 0.1% during the week ended April 16, 2020.

Prices of 16 items increased, including lentils plus (8%), chicken (4.9%), mash plus (4.5%), potatoes (4.4%), rice, IRRI (3.3%), peanut plus (1.2%) and tomatoes (1%).

Prices of eight items declined, including onions (9.1%), garlic (8.9%), eggs (4.8%), LPG (1.7%), wheat flour (1.4%) and sugar (0.2%). Yes, while prices of 27 items remain unchanged.

COVID-19 and Response of Pakistan Government

noreply@blogger.com (Raja Muhammad Ali) — Mon, 18 May 2020 15:43:00 +0000

COVID-19 and Response of Pakistan Government

With the outbreak of COVID-19, Pakistan's economy is likely to be affected by various channels.

Extreme decline in domestic and global demand, reduced tourism and business travel, supply disruptions, etc.

The ratio is uncertain and depends on the intensity and duration of COVID-19 in the coming weeks.The government has announced a package of Rs 1.240 billion, which is the biggest incentive in the history of Pakistan.

The package aims to reduce the impact of COVID 19 on the economically weaker sections of society. The government has launched the "Ehsan Emergency Cash Program" which is the largest cash distribution program in the history of Pakistan with a total allocation of Rs 144 billion.

It will immediately provide cash relief of Rs 12,000 to 12 million families earning Rs 144 billion a day, whose economies have been badly affected by the epidemic. As on 23-04-2020, Rs. 68.9 billion has been distributed to the beneficiaries of 5.74 million.

In addition, the SBP has provided maximum coverage of civil works, which has also increased the establishment of isolation facilities. The SBP has introduced a financing scheme to pay wages and salaries to workers and employees with business concerns.

The scheme will provide financial support for wages and salaries for three months from April to June 2020 for businesses that do not dismiss their employees for those three months.

Economic Updates April 2020

Economic Analysis

Inflation Rate In Pakistan April 2020

COVID-19 and Response of Pakistan Government