Last 4 months before the new govt coming into power we were running a CAD of $2bn a month this means at an annualised pace of $24bn
Source:
sbp.org.pk/ecodata/BOP-Se…
sbp.org.pk/ecodata/BOP_ar…
2/N
REER value of 100 reflects fair valuation
REER had appreciated to 123.5 by April-17
Source:sbp.org.pk/departments/st…
3/N
Trade Deficit more than doubled to $37.9bn by FY18, from $16.9bn in FY13
Real effective exchange rate (REER)
Free on board (FOB)
Source:
sbp.org.pk/ecodata/Export…
finance.gov.pk/survey/chapter…
4/N
Imports (FOB) increased from 17.4% of GDP in FY13 to 18% of GDP in FY18
Source:
pbs.gov.pk/sites/default/…
finance.gov.pk/survey/chapter…
5/N
Exports (FOB) fell from 10.7% of GDP in FY13 to 7.9% of GDP in FY18
State Bank of Pakistan (SBP)
Public Sector Enterprises (PSEs)
Source:
pbs.gov.pk/sites/default/…
finance.gov.pk/survey/chapter…
6/N
NIR fell from -$2.2bn in FY13 to -$7bn in FY18
Source:
sbp.org.pk/ecodata/Liquid…
sbp.org.pk/ecodata/Forex_…
8/N
With CAD averaging $2bn a month & SBP's Net Reserves falling to $2.8bn this indicated risks of a sovereign default
Source:
sbp.org.pk/ecodata/Forex_…
sbp.org.pk/ecodata/pakdeb…
9/N
Financial losses of PSEs were at a record high level of 1.4%
of GDP, implying overall fiscal & quasi fiscal deficit of about 8% of GDP & Energy sector circular debt of Rs1.2tr
Source:
finance.gov.pk/publications/F…
finance.gov.pk/A_Roadmap_for_…
10/N
The persistence of revenue deficit indicates that the govt is not only borrowing to finance its development exp, but partially also financing its current exp
Source:
finance.gov.pk/publications/D…
finance.gov.pk/publications/D…
12/N
In absolute terms, it surged from Rs16,338bn in FY13 to Rs29,879bn in FY18 - up 83%
TDL includes Govt, Private sector, PSEs Debt & commodity operations etc
Source:sbp.org.pk/ecodata/Summar…
13/N
In absolute terms, it increased from Rs14,292bn in FY13 to Rs24,953bn in FY18 - an increase of 75%
Source:sbp.org.pk/ecodata/Summar…
14/N
In absolute terms, It increased from Rs9,520bn in FY13 to Rs16,416bn in FY18 - an increase of 72%
Source:sbp.org.pk/ecodata/Summar…
15/N
In absolute terms, It increased from $60,899 million in FY13 to $95,237 million in FY18 - an increase of 56.4%
Source:sbp.org.pk/ecodata/pakdeb…
16/N
In absolute terms, It increased from Rs13,457bn in FY13 to Rs23,024bn in FY18 - an increase of 71%
Source:sbp.org.pk/ecodata/Summar…
17/N
In Blue bars are the actual Debt Repayments
In Red bars are the debt Repayments due
Source:
nation.com.pk/06-Jan-2019/go…
finance.gov.pk/publications/D…
18/N
In absolute terms, it surged from Rs538.1bn in FY13 to Rs1,299.5bn in FY18 - an increase of 141.5%
Central Power Purchasing Agency (CPPA)
Source:
sbp.org.pk/reports/stat_r…
sbp.org.pk/reports/stat_r…
19/N
It is the amount of cash shortfall within the CPPA which it cannot pay to power supply companies
Source:
senate.gov.pk/uploads/docume…
senate.gov.pk/uploads/docume…
imf.org/~/media/Files/…
20/N
Source:brecorder.com/2019/05/06/494…
21/N
Differential margin is created by disparity between prescribed gas prices by OGRA & notified consumer tariff(includes subsidies)
22/N
This explains why gas prices increased
Source:
brecorder.com/2019/05/06/494…
brecorder.com/2019/05/09/495…
23/N
Source:
finance.gov.pk/dpco/RiskRepor…
finance.gov.pk/Quarterly_Risk…
24/N
Source:
finance.gov.pk/Quarterly_Risk…
finance.gov.pk/RiskReportOnDe…
25/N
Source:
finance.gov.pk/dpco/RiskRepor…
26/N
Source:
finance.gov.pk/dpco/RiskRepor…
27/N
Source:
finance.gov.pk/dpco/RiskRepor…
tribune.com.pk/story/1821958/…
28/N
Average time to Re-Fixing of Public Debt fell from 4.2 yrs in Jun'13 to 3.2 yrs in Jun18
Source:
finance.gov.pk/dpco/RiskRepor…
29/N
Source:
finance.gov.pk/dpco/RiskRepor…
30/N
Source:
finance.gov.pk/dpco/RiskRepor…
31/N
Source:
finance.gov.pk/dpco/RiskRepor…
32/N
Source:
finance.gov.pk/dpco/RiskRepor…
33/N
Source:
finance.gov.pk/dpco/RiskRepor…
34/N
Source:
finance.gov.pk/dpco/RiskRepor…
35/N
when event actually happens
It relates to govt guarantees on behalf of PSEs
CLs surged from Rs625.9bn in Jun'13 to Rs1236.2 in Jun'18 - up 97.5%
Source:
finance.gov.pk/dpco/RiskRepor…
36/N
Source:
finance.gov.pk/publications/D…
finance.gov.pk/publications/D…
37/N
Source:
finance.gov.pk/publications/D…
38/N
Source:
finance.gov.pk/publications/D…
finance.gov.pk/publications/D…
39/N
Source:
finance.gov.pk/publications/D…
finance.gov.pk/publications/D…
40/N
Source:
finance.gov.pk/publications/D…
41/N
In absolute terms, it increased from Rs15,873bn in FY13 to Rs28,253 in FY18 - an increase of 78%
Source:
finance.gov.pk/publications/D…
42/N