Pakistan Economic Indicators

Pakistan economic indicators - September 08, 2008

=====================================================================

DAILY INDICATORS

=====================================================================

                                         SATURDAY            PREVIOUS

---------------------------------------------------------------------

Floating Interbank Rate (Rs/$)        76.20/76,30         76.40/76.50

Rupee/US $ (kerb market)              76.00/76.50         76.30/76.60

Karachi 100-share index                  9,342.19            9,239.26

Gold (Karachi) Rs/10 gm                       N/A              19,842

---------------------------------------------------------------------

CENTRAL BANK AUCTIONS

---------------------------------------------------------------------

Treasury Bills Auction Results:

---------------------------------------------------------------------

Cut-off Yield (pct) at auction             Aug 27              Aug 13

---------------------------------------------------------------------

Three-months bills                        12.5631             12.2959

Six-month bills                  Bids no Received    Bids no Received

12-months bills                  Bids no Received       Bids Rejected

---------------------------------------------------------------------

Pakistan Investment Bond (PIB) Auction Results:

---------------------------------------------------------------------

Cut-off Yield (pct) at auction       Aug 29 (2008)      June 28(2008)

---------------------------------------------------------------------

11.25 pct coupon, three-Year PI           13.6973             12.2964

11.50 pct coupon, five-Year PIB        B/Rejected          B/Rejected

11.75 pct coupon, seven-year PI           14.3398                   -

12.00 pct coupon, 10-Year PIB             14.5493             13.4201

12.50 pct coupon, 15-Year PIB             14.7500             13.6104

13.00 pct coupon, 20-Year PIB       No B/Received             13.9399

13.75 Pct coupon, 30-Year PIB             14.9384             14.2496

---------------------------------------------------------------------

WEEKLY INDICATORS

---------------------------------------------------------------------

Week ending                                Aug 30              Aug 23

---------------------------------------------------------------------

Total liquid forex reserves           $9.130 bln           $9.382 bln

Forex held by central bank            $5.760 bln           $6.008 bln

Forex held by other banks             $3.370 bln           $3.374 bln

---------------------------------------------------------------------

MONTHLY INDICATORS

---------------------------------------------------------------------

                                             LAST                 PVS

---------------------------------------------------------------------

Consumer price index                       182.39              176.50

Change mth/mth (pct) July                    3.34                2.10

Change Yr/Yr (pct) July                     24.33               21.53

Wholesale price index                      206.53              197.92

Change mth/mth (pct) July                    4.35                2.98

Change Yr/Yr (pct) July                     34.02               30.62

Trade Balance (FBS) July               $-1.64 bln          $-1.97 bln

Exports (FBS) July                      $1.9 bln            $2.05 bln

Imports (FBS) July                     $3.54 bln            $4.02 bln

---------------------------------------------------------------------

ANNUAL INDICATORS

---------------------------------------------------------------------

FISCAL YEAR                               2007/08             2006/07

---------------------------------------------------------------------

Population (millions)                     **160.9              156.77

Per capita income                         **$1085                $925

External debt (billion dlr)                **45.0               $40.5

Total F.Debt as pct of GDP                 **24.7                27.1

Domestic debt (billion rupees)            **3,020               2,610

Total domestic debt as pct of G            **30.3                30.0

Gross domestic product growth           **5.8 pct             6.8 pct

Manufacturing sector growth             **5.4 pct             8.2 pct

Services sector growth                  **8.2 pct             9.6 pct

Agricultural sector growth              **1.5 pct             3.7 pct

Commodity Producing sector grow         **3.2 pct             6.0 pct

Average consumer price inflatio            12 pct            7.77 pct

Fiscal deficit (pct of GDP)             **7.0 pct             4.3 pct

Trade balance (FBS July-June)         $-20.74 bln         $-13.56 bln

Exports                                $19.22 bln          $16.98 bln

Imports                                $39.96 bln          $30.54 bln

Current a/c balance                  $-14.016 bln         $-6.878 bln

=====================================================================