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State Bank of Pakistan reviews cement industry performance in FY22

10 January 2023, Published under Cement News

The State Bank of Pakistan (SBP) has critically analysed the performance of the cement industry between July 2021 and June 2022. The central bank gauged the positive and negative impacts on local and export dispatches, employment, quarrying of minerals and the reason behind on slow progress of the industry. The SBP concluded that "marginal growth in local dispatches and declining exports hurt the cement industry in FY21-22". The cement sector’s output declined by 3.6 per cent (48.011Mt) i...