The economic crisis stopped the wheels of factories closed to investmentNews WAALI

Due to the economic crisis, the circulation of capital also stopped, the avenues of investment were closed, the wheel of factories and industries was stopped, the markets were deserted. According to bank statistics, due to the worst economic conditions in Pakistan, capitalists are putting in their capital are forced to keep, banks’ interest rates are much lower than inflation, the depositors are losing in real terms, despite the fact that the value of the money deposited in the banks is increasing According to experts, despite the economic conditions difficult, the deposits in the banks The increase indicates the challenges facing investment and trade in the country. According to statistics, the value of bank deposits reached 22 thousand 900 billion rupees in February 2023, in February last year , bank deposits were at the level of 19,000 900,000,000,000 rupees. Bank deposits have increased by 15% in one year. According to experts, the reduction in economic activities, ban on imports, limited activities in the stock market have forced the account holders to keep their capital in banks. Remember that in the economic crisis , government banks There has been a significant increase in lending and accordingly the global rating agency Moody’s has also downgraded the rating of Pakistan’s five major banks, which also indicates the concerns of Pakistani banks related to the risk of Pakistani default.