Annual Report 2001-2002

Chapters
Contents

 

Acknowledgement

1.

An Overview, Prospects and Executive Summary
  • 1.1    Overview
  • 1.2    Medium-term Prospects
  • 1.3    Executive Summary

2.

Economic Growth, Savings and Investment
  • 2.1    Overview
  • 2.2    Agriculture
    • 2.2.1    Major Crops
    • 2.2.2    Minor Crops
    • 2.2.3    Livestock
    • 2.2.4    Fishing
    • 2.2.5    Forestry
    • 2.2.6    Credit to Agriculture Sector
  • 2.3    Industry
    • 2.3.1    Large-scale Manufacturing
    • 2.3.2    Mining & Quarrying
    • 2.3.3    Construction
    • 2.3.4    Electricity and Gas Distribution
    • 2.3.5    Public Sector Industries
  • 2.4    Services
    • 2.4.1    Wholesale and Retail Trade
    • 2.4.2    Transport, Storage and Communication
    • 2.4.3    Finance and Insurance
    • 2.4.4    Public Administration and Defense
  • 2.5    Savings
    • 2.5.1    Public Savings
    • 2.5.2    Private Savings
  • 2.6    Investment
    • 2.6.1    Real Fixed Investment
    • 2.6.2    Foreign Investment

3.

Price Trends
  • 3.1    Overview
  • 3.2    Supply Side Factors
  • 3.3    Imported Commodities
  • 3.4    Exchange Rate and Import Prices
  • 3.5    Consumer Price Index (CPI)
  • 3.6    Income Distribution and Incidence of Inflation
  • 3.7    Wholesale Price Index (WPI)
  • 3.8    Sensitive Price Indicator (SPI)

4.

Public Finance and Fiscal Policy
  • 4.1    Introduction
  • 4.2    Fiscal Performance Indicators
    • 4.2.1    Deficit Indicators
    • 4.2.2    Revenue Indicators
    • 4.2.3    Expenditure Indicators
    • 4.2.4    Management Indicators
  • 4.3    Fiscal Development at Federal level
    • 4.3.1    CBR Performance
    • 4.3.2    Surcharges
    • 4.3.3    Non-Tax Revenue
    • 4.3.4    Transfers to Provinces
    • 4.3.5    Federal Expenditures
    • 4.3.6    Financing of Federal Budget
  • 4.4    Budget Estimates for FY03
    • 4.4.1    Consolidated Position
    • 4.4.2    Federal Budget for FY03

5.

Money and Credit
  • 5.1    Overview
  • 5.2    Credit Plan FY02
  • 5.3    Bank Borrowings for Budgetary Support
  • 5.4    Commodity Operations
  • 5.5    Autonomous Bodies
  • 5.6    Credit to Private Sector
  • 5.7    Export Finance
  • 5.8    Net Foreign Assets
  • 5.9    Components of M2
  • 5.10  Money Market
    • 5.10.1   Open Market Operations
    • 5.10.2   Discounting of Government Securities by Banks
    • 5.10.3   Treasury Bill Auctions
    • 5.10.4   Pakistan Investment Bonds

6.

The Banking Sector
  • 6.1    Overview
  • 6.2    Policy Environment
    • 6.2.1    Privatization of State-owned Banks
    • 6.2.2    Strengthening of smaller Banks
    • 6.2.3    Specialized Institutions
    • 6.2.4    Export Financing
    • 6.2.5    Addressing Non-performing Loans and Risk Aversion
    • 6.2.6    Corporate Governance, Disclosure and Transparency
    • 6.2.7    Relaxation in Tax Liabilities for the Banking Sector
  • 6.3    Developments in banking Industry during FY02
    • 6.3.1    Deposit Mobilization
    • 6.3.2    Total Credit by Scheduled Banks
    • 6.3.3    Non-performing Loans
    • 6.3.4    Banking Spread
  • 6.4    Financial Performance of Scheduled Banking during CY01
    • 6.4.1    Capital Adequacy
    • 6.4.2    Credit Risk- Asset Quality
    • 6.4.3    Earnings and Profitability
    • 6.4.4    Liquidity Risk
    • 6.4.5    Market Risk

7.

Capital Market
  • 7.1    Operations at Karachi Stock Exchange
  • 7.2    Governance and Development
  • 7.3    Credit and Recovery Operations of NBFIs
  • 7.4    Corporate Debt Market

8.

Domestic and External Debt
  • 8.1    Overview
  • 8.2    Domestic Debt
    • 8.2.1    Adjustment in Debt Profile
    • 8.2.2    Composition of  Domestic Debt
    • 8.2.3    Classification of Domestic Debt by Owner
    • 8.2.4    Interest Payments on Domestic Debt
  • 8.3    External Debt
    • 8.3.1    External Debt Indicators
    • 8.3.2    Size and Structure of External Debt and Liabilities
    • 8.3.3    External Debt and Liability Servicing
    • 8.3.4    External Debt Sustainability
    • 8.3.5    Future Debt Reduction Strategy

9.

Balance of Payments and Exchange Rate Policy
  • 9.1    International Economic Scenario
  • 9.2    Pakistanís Balance of Payments
    • 9.2.1    Current Account
    • 9.2.2    External Vulnerabilities
  • 9.3    Capital Account
    • 9.3.1    Net Foreign Investment
    • 9.3.2    Long-term Capital (Official)
    • 9.3.3    Long-term Capital (Others)
    • 9.3.4    Short-term Capital (Official)
    • 9.3.5    Short-term Capital (DMBs and Others)
  • 9.4    Foreign Exchange Reserves   
  • 9.5    Transactions with IMF
  • 9.6    Trade Account
    • 9.6.1    Exports
    • 9.6.2    Imports
  • 9.7    Exchange Rate Policy
    • 9.7.1    Liberalization of Foreign Exchange Market

10.

Islamization of Financial System in Pakistan
  • 10.1    Post Judgment Measures
    • 10.1.1    Follow up measures
  • 10.2    Policy Decision
  • 10.3    Regulation of Islamic Banks
  • 10.4    Training and Education
  • 10.5    The Main Challenge

11.

Socio Economic Update
  • 11.1    Poverty
  • 11.2    Demography
  • 11.3    Employment
  • 11.4    Literacy
  • 11.5    Education
  • 11.6    Health

12.

State Bankís Administration
  • 12.1    Constitution of the Central Board of Directors
  • 12.2    Meetings of the Central Board
  • 12.3    Banking Legislation
  • 12.4    SBP Automation Project
    • 12.4.1    Software
    • 12.4.2    Training
    • 12.4.3    Mock Banking
    • 12.4.4    Networking
    • 12.4.5    Procurement of Hardware
  • 12.5    Training
    • 12.5.1    Training Activities
  • 12.6    Training Activities
  • 12.7    Foreign Exchange Adjudication Department
  • 12.8    Internal Audit and Inspection
  • 12.9    Building Projects of the Bank

13.

State Bankís Accounts for 2001-2002
  • 13.1    Annual Accounts
  • 13.2    Income and Expenditure accounts
  • 13.3    Consolidated Balance Sheet of the Banking and Issue department
    • 13.3.1    Banking Department
    • 13.3.2    Issue Department
  • 13.4    Coinage
  • 13.5    Transfer of Assets
  • 13.6    Auditors
  • 13.7   Annual Accounts for 2001-02
    • 13.7.1    Report of the Auditors
    • 13.7.2    Issue Department Balance Sheet
    • 13.7.3    Banking Department Balance Sheet
    • 13.7.4    Profit and Loss Account
    • 13.7.5    Cash Flow Statement
    • 13.7.6    Statement of Changes in Equity
    • 13.7.7    Notes to the Accounts for the Year 2001-02

 

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