Inflows into the country continue to remain on the positive side as remittances for the month of August 2021 reach $2.66 billion, showing an increase of 26.8pc year-on-year. Experts believe it is 'reassuring' for the investors who were worried about increased Current Account Deficit.

Bank financing under the Imran Khan's government’s affordable housing scheme Mera Pakistan Mera Ghar is gaining momentum, as more than Rs154 billion worth of loan applications have been received by the banks. Similarly, the approval rate is increasing as well as banks' readiness to lend increases.

In a huge step towards the modernization and promotion of electric vehicles in Pakistan, Indus Motor Company Limited (IMC) has announced an investment of US dollar 100 million over the next 3 years in the local production of Hybrid Electric Vehicles in Pakistan.

Morgan Stanley Capital International (MSCI) decided to reclassify the MSCI Pakistan Indexes from Emerging Markets to Frontier Markets. It will be done in one step, coinciding with November 2021 Semi-Annual Index Review (SAIR).

Own Money, an illegal premium charged by dealers in Pakistan, is once again skyrocketing, with reports suggesting that it has even touched Rs1 million in recent days. The inability of the supply of cars to match the demand is being blamed upon many reasons in the country.

Finance Minister of Pakistan Shaukat Tarin has directed the Ministry of Commerce to be very careful in forecasting imports, exports as the imports for August were way off the forecasted number. Economic expansion was seen as one of the major determinants for driving imports.

Pakistan Rupee was the best performing currency in March 2021, and in just six months' time, it has been labeled the worst performer in September, continuing its downward plunge. On Monday alone, the PKR fell 0.19% against USD. Recent events in Afghanistan are playing a major role in this fall.

Pakistan's premier multimodal logistics organization National Logistics Cell has achieved a major milestone in obtaining Transports Internationaux Routiers (TIR) admission. With this in mind, the organization plans to play its role in expanding Pakistan's trade routes to Central Asian Republics and Turkey.

Pakistani-American Economist Atif Mian talked about the severity of Afghanistan’s economic situation and said that the country is experiencing “mother of all sudden stops”. He said that the Taliban’s ascend to power will be not as easy as more than two decades ago when the economy was much stable.

The production of cotton in Punjab is expected to touch 4.5 million bales at an increase of approximately 8.5% from last year. Overall cotton production is expected to reach 8.46 million bales.

Trade deficit for the country rose, as the imports grew twice as fast as the growth in exports. The deficit for the month of August reached to an all time high of $4.05 billion, increasing 133.1 per cent year-on-year and 24.4 per cent month-on-month.

While the consumer price index inflation did not increase much compared to last month of July, it recorded a slightly higher increase on a year-on-year bases compared to August 2020. According to a recent government report the inflation is poised to reach 9 per cent due to monetary expansion and increasing prices in international market.