AGP Executive Report
Last update: 10 hours agoMonetary Policy: Japan’s central bank lifted its key rate to a 31-year high of 1.0% as it weighs inflation risks from higher crude prices and a weaker yen. Pakistan Fiscal Outlook: Pakistan warned that oil-price swings, slower growth, and tax shortfalls could widen the 2026-27 deficit, with the finance ministry flagging how not passing fuel-price increases could raise subsidy burdens. Pakistan Rates: The State Bank of Pakistan kept its policy rate at 11.5%, citing double-digit inflation and uncertainty tied to the Middle East, even as oil prices eased. Trade Uncertainty: A Pakistan study says domestic policy uncertainty is costing exporters far more than external tariff wars, pointing to a sharp jump after the 2024 Finance Act. Energy & Industry: India’s wind sector got a boost as the government ordered a 30-day assessment of ageing turbines for repowering, lifting shares of Inox Wind and Suzlon. Digital Government: Saudi Arabia reported SR31.9bn in 2025 spending on communications and IT for digital government services, citing efficiency gains. Regional Planning: Hong Kong launched public consultation on its first five-year economic plan, aiming to sharpen growth and employment and align rules across the Greater Bay Area. Land Reform: India’s land resources ministry met the World Bank to explore cooperation on land records, watershed work, and digital public service delivery. Infrastructure Discipline: Ireland’s budget talks signaled moderation in government spending, with efficiency and value-for-money emphasized ahead of union pay negotiations. Trade Architecture: Civil society urged ASEAN-Australia-New Zealand governments to review and potentially remove ISDS rules from the updated trade deal.
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