Pakistan Economic Indicators

Pakistan economic indicators - December 29, 2008

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DAILY INDICATORS

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                                                  FRIDAY           PREVIOUS

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Floating Interbank Rate (Rs/$)               79.15/79.25        78.80/79.00

Rupee/US $ (kerb market)                     79.00/80.00        79.00/80.00

Karachi 100-share index                         6,487.52           6,660.18

Gold (Karachi) Rs/10 gm                              N/A             20,925

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CENTRAL BANK AUCTIONS

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Treasury Bills Auction Results:

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Cut-off Yield (pct) at auction on:                Dec 17             Dec 03

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Three-months bills                               13.8549            13.8549

Six-month bills                                  14,0108            14.0108

12-months bills                         No bids Received         B/Rejected

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Pakistan Investment Bond (PIB) Auction Results:

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

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11.25 pct coupon, three-Year PIB                 13.6973            12.2964

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

11.75 pct coupon, seven-year PIB                 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

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WEEKLY INDICATORS

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Week ending                                       Dec 13             Dec 06

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Total liquid Forex reserves                   $ 9.34 bln        $ 9.095 bln

Forex held by central bank                    $ 6.13 bln        $ 5.916 bln

Forex held by other banks                     $ 3.21 bln        $ 3.179 bln

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MONTHLY INDICATORS

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                                                    LAST                PVS

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Consumer price index Nov                          191.85             192.08

Change mth/mth (pct) Nov                           -0.12               2.12

Change Yr/Yr (pct) Nov                             24.68              25.00

Wholesale price index Nov                          196.5             207.08

Change mth/mth (pct) Nov                           -5.11              -1.87

Change Yr/Yr (pct) Nov                             19.87              28.38

Trade Balance (FBS) Nov                      $-1.196 bln         $-1.94 bln

Exports (FBS) Nov                             $ 1.53 bln         $ 1.52 bln

Imports (FBS) Nov                             $ 2.72 bln         $ 3.46 bln

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ANNUAL INDICATORS

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FISCAL YEAR                                      2007/08            2006/07

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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 GDP                 **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 growth              **3.2 pct            6.0 pct

Average consumer price inflation                  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

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