State Bank of Pakistan

Publications / Annual Reports

Annual Report 2002-2003

Chapter No.
	Acknowledgement
	Contents
1	An Overview, Prospects and Executive Summary (Size in pdf 88.9 KB) 1.1 Overview 1.2 Executive Summary

2	Economic Growth, Savings and Investment (Size in pdf 428KB) 2.1 Overview 2.2 Agriculture 2.2.1 Crop sub-sector 2.2.2 Yield of Important Crops 2.2.3 Prices of Important Crops and their Impact 2.2.4 Use of Inputs 2.2.5 Livestock and Poultry 2.2.6 Fisheries 2.2.7 Forestry 2.2.8 Financial Support to Agriculture Sector 2.3 Industry 2.3.1 Value Addition in Industry 2.3.2 Industrial Production 2.3.3 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 2.5 Savings 2.6 Investment 2.6.1 Real Fixed Investment 2.6.2 Foreign Investment Special Section 2.1 Understanding WTO and Agreement on Agriculture

3	Price Trends (Size in pdf 106 KB) 3.1 Overview 3.2 Consumer Price Index (CPI) 3.3 Regional Incidence of Inflation 3.4 Income Distribution & Incidence of Inflation 3.5 Whole Sale Price Index (WPI) 3.6 Sensitive Price Indicator

4.	Public Finance and Fiscal Policy (Size in pdf 169 KB) 4.1 Overview 4.2 Fiscal Performance Indicators 4.2.1 Fiscal Balance Indicators 4.2.2 Revenue Indicators 4.2.3 Expenditure Indicators 4.3 Fiscal Development at Federal level 4.3.1 CBR Tax Performance 4.3.2 Refunds and Gross Collections 4.3.3 Surcharges 4.3.4 Non-Tax Revenue 4.3.5 Federal Expenditures 4.4 The Budget-FY04 4.5 Regional Comparison

5	Money and Credit (Size in pdf 173 KB) 5.1 Monetary Policy 5.1.1 Overview 5.1.2 Monetary Survey 5.1.3 Credit Plan FY03 5.1.4 Credit to the Private Sector 5.1.5 Other Sources of Funds for Private Sector 5.1.6 Monetary Growth 5.1.7 Government Borrowings for Budgetary Support 5.1.8 Commodity Operations 5.1.9 Other Items Net (OIN) 5.1.10 Monetary Indicators 5.2 Money Market 5.2.1 Overview 5.2.2 Term Structure of Interest Rates 5.2.3 Interest Rate Volatility 5.2.4 Trading Volumes SBP Market Support & Rupee Interventions 5.2.6 Treasury Bill Auctions 5.2.7 Pakistan Investment Bond Auctions

6	The Banking Sector (Size in pdf 164 KB) 6.1 Overview 6.2 Policy Environment 6.2.1 Privatization of Public Sector Banks 6.2.2 Islamic Banking 6.2.3 Strengthening of Supervisory System. 6.2.4 Prudential Regulations 6.2.5 Non-Performing Loans 6.3 Banking Sector Developments during FY03 6.3.1 Deposits of the Banking Sector 6.3.2 Net Credit Expansion by the Banking Sector 6.3.3 NPLs of the Banking Sector 6.3.4 Lending and Deposit Rates 6.4 Financial Performance of Scheduled Banks during CY02 Special Section on e-Banking

7	Capital Market (Size in pdf 123 KB) 7.1 Overview 7.2 Market Developments in FY03 7.3 Sector Wise Performance of the Karachi Stock Exchange 7.4 The COT Marke (Badla Market) 7.5 Corporate Debt Market 7.6 Performance of NBFIs during FY03 7.6.1 Development Finance Institutions 7.6.2 Investment Banks 7.6.3 Leasing Companies 7.6.4 Modaraba Companies 7.6.5 Housing Finance Companies

8	Domestic and External Debt (Size in pdf 285 KB) 8.1 Overview 8.2 Domestic Debt 8.2.1 Composition of Domestic Debt 8.2.2 Tenor 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 Structure of External Debt and Liabilities 8.4 External Liabilities 8.5 Expensive External Debt and Liabilities 8.6 External Debt and Liability Servicing

9	Balance of Payments and Exchange Rate Policy (Size in pdf 493 KB) 9.1 International Economic Scenario 9.2 Balance of Payments 9.2.1 Current Account 9.2.2 Capital Account 9.3 Foreign Exchange Reserves 9.3.1 Causative Factors of Reserve Accumulation 9.3.2 Adequacy of Reserves 9.4 Trade Account 9.4.1 Exports 9.4.2 Imports 9.5 Exchange Rate Policy 9.5.1 SBP Market Operations 9.5.2 Real Effective Exchange Rate (REER) Indices 9.5.3 Kerb Market 9.5.4 Exchange Companies
	Statistical Supplement
	Acronyms