Pakistan Quarterly Trade Bulletin
USAID | September 2018
At the time of issuing this bulletin the Government has been able to secure some support to augment the depleting foreign exchange reserves and avert a balance of payments crisis. There are reports that Saudi Arabia will support Pakistan to the tune of USD 6 billion out of which USD 3 billion will be foreign currency support for 12 months and deferred payments for oil imports worth USD 3 billion. Saudi Arabia will also continue to explore investment interests in Pakistan particularly in the mining sectors and oil refinery project at Gwadar. Pakistan was also able to persuade China to look into its immediate financial needs and help with the current and future balance of payments difficulties. The Prime Minister during his maiden visit to Beijing stressed the need for both countries to remain engaged for the sustainability of CPEC projects, negotiating a relatively balanced free trade agreement (FTA) and development of priority Special Economic Zones (SEZs). China has now set up a taskforce to assess Pakistan’s financial needs and also decided to initiate work on important areas mentioned under the CPEC long term plan i.e. improving output in industries which are able to export to China, agriculture and livestock uplift and trade integration. From Pakistan’s side Secretary, Ministry of Finance and Governor, State Bank of Pakistan (SBP) led the delegation for the first meeting of this taskforce in Beijing.
CitationUSAID. 2018. Pakistan Quarterly Trade Bulletin. © Sustainable Development Policy Institute. http://hdl.handle.net/11540/9426.
Project Evaluation & Review Technique
Patterns Of Trade
Input output analysis
Participatory monitoring and evaluation
Foreign trade routes
Foreign trade and employment