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TABLE 5.5
MONEY SUPPLY
(M1, M2, M3)

(Rs billion)

End Period Stocks (last working day Basis)

Narrow Money

% Change

Monetary Assets

% Change

Broad Money

% Change

(M1) (a)

(M2) (a)

(M3) (a)

1990-91

265.14

10.4

400.64

17.4

569.40

12.9

1991-92

302.91

14.2

505.57

26.2

679.17

19.3

1992-93

327.82

8.2

595.39

17.8

777.37

14.4

1993-94

358.77

9.40

703.40

18.1

922.22

18.6

1994-95

423.14

17.9

824.73

17.2

1083.73

17.5

1995-96

448.01

5.9

938.68

13.8

1254.23

15.7

1996-97

443.55

(1.0)

1053.23

12.2

1435.48

19.2

1997-98

480.33

(8.3)

1206.32

14.5

1669.23

16.3

1998-99

643.04

33.9

1280.55

6.2

1921.47

15.1

End-March
1998-99

617.90

28.6

1248.89

3.5

1846.69

10.6

1999-2000

730.41

13.6

1321.03

3.2

2034.24

5.9

Source: Finance Division/SBP
a : Definition of M1, M2 and M3 are given in chapter on Money and Credit of the Economic Survey 1998-99.


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