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EFF

Miftah Ismail likely to be named finance chief: report

Prime Minister Shehbaz Sharif may name Ismail, a former finance minister, along with the rest of the cabinet within 24 hours

Updated 13 Apr, 2022 11:02pm

Inflation likely to pick up: FY22 growth rate projected to slow to 4pc YoY

ISLAMABAD: Pakistan’s GDP growth rate is projected to slow to four percent in fiscal year 2022 from 5.6 percent in...

Published 07 Apr, 2022 05:15am

Business & Finance

7th review of EFF: IMF says will enquire over programme engagement with new govt

Says will engage on policies on macroeconomic stability with new administration in Pakistan

Published 04 Apr, 2022 08:17pm

Editorials

Expenditure galore

EDITORIAL: The Pakistan Tehreek-e-Insaf (PTI) administration meticulously adhered to the politically challenging...

Published 04 Apr, 2022 05:38am

Macroeconomic stability: IMF, govt discuss new initiatives

ISLAMABAD: The International Monetary Fund (IMF) and the Pakistani authorities are further discussing existing...

Updated 01 Apr, 2022 10:03am

Pakistan

Moody's sees no-confidence motion as 'credit negative' for Pakistan

Expects current account deficit to widen to 5-6% of GDP in fiscal 2022 compared with its previous forecast of 4%

Updated 31 Mar, 2022 03:39pm

Editorials

Private sector’s prospects

EDITORIAL: It’s undoubtedly good news that private sector credit off-take has jumped to a record Rs911bn in...

Updated 31 Mar, 2022 10:24pm

Business & Finance

PM’s relief package, political uncertainty: Talks with IMF may continue to linger: Pasha

ISLAMABAD: Pakistan and International Monetary Fund (IMF) talks on seventh review under the Extended Fund Facility...

Updated 25 Mar, 2022 02:23pm

7th review under IMF’s EFF ‘Negotiations are continuing’

ISLAMABAD: Sections of the media have been speculating recently about the on-going 7th review under IMF’s Extended...

Updated 25 Mar, 2022 11:03am

Opinion

Hawkish Fed haunts SBP

Now you know why the State Bank of Pakistan (SBP) implied that the monetary policy committee (MPC) might meet before...

Published 24 Mar, 2022 05:36am

Editorials

Remittances, reserves and development

EDITORIAL: Inflow of remittances crossed the $20 billion mark in the first eight months (Jul-Feb) of the current...

Published 17 Mar, 2022 04:53am

Two-day virtual discussions with IMF begin today

ISLAMABAD: The International Monetary Fund (IMF) and Pakistan would start two weeks long virtual discussions on 7th...

Updated 04 Mar, 2022 10:00am

IMF will question PM’s relief package

7th review under the EFF is expected by the end of the current month

Updated 02 Mar, 2022 08:48am

Opinion

Ministerial appraisals: teething problems?

Last week, the federal government did a performance review of its ministries and ranked the top performers. One may...

Published 14 Feb, 2022 06:47am

Opinion

Govt’s only option despite Fund squeeze: Expansionary budget

When it rains, it pours. Financial as well as political pressures are clearly combining to leave the government with...

Published 10 Feb, 2022 04:40am

Pakistan

PSDP projected at Rs 559 bn for 2022-23

ISLAMABAD: The federal public sector development programme (PSDP) has been scaled down to a projection of Rs554...

Published 06 Feb, 2022 04:42am

EFF programme commitments: IMF urges all key bilateral creditors to maintain exposure to Pakistan

ISLAMABAD: The International Monetary Fund (IMF) has urged all key bilateral creditors to maintain their exposure to...

Published 06 Feb, 2022 04:42am

Critical next steps for ongoing reforms: IMF rearranges structural benchmarks

ISLAMABAD: The International Monetary Fund (IMF) has reset three delayed structural benchmarks (SBs), dropped two,...

Updated 06 Feb, 2022 03:20pm

Markets

KSE-100 ends marginally positive

Late session profit-taking erased some intra-day gains, but the KSE-100 Index still ended positive on Friday. Both...

Published 04 Feb, 2022 11:14pm

Pakistan

Current IMF programme 'should be enough': Shaukat Tarin

Finance minister says curtailing budget deficit and tapping international markets should help sustain economic growth

Updated 03 Feb, 2022 05:11pm

Pakistan

IMF board approves Pakistan's sixth review of Extended Fund Facility: Shaukat Tarin

Finance minister tweets development
Approval paves way for over $1-billion disbursement

Updated 02 Feb, 2022 11:16pm

Pakistan

Another date: IMF board to now meet on February 2 for Pakistan's sixth review

IMF website calendar had earlier shown discussion on January 28
However, delay in passage of the SBP (Amendment) Bill 2021 remains issue

Updated 26 Jan, 2022 09:50am

Pakistan

IMF board to meet on January 28 for Pakistan's sixth review

Pakistan's finance ministry had earlier requested that the meeting be moved to the end of January

Updated 18 Jan, 2022 04:26pm

Opinion

2022: More of the same?

In the economic arena the calendar year 2021 remained dominated by the International Monetary Fund’s (IMF’s)...

Updated 03 Jan, 2022 09:07am

Markets

Pakistan Rupee sees one of its worst years in 2021

Currency has lost a cumulative 38% in the last 4 years

Published 01 Jan, 2022 09:00pm

Lack of consultations with allies leads to delay

ISLAMABAD: The lack of prior consultations with key allied parties in the federal government, compelled the cabinet...

Updated 29 Dec, 2021 10:24am

Editorials

Economic, political, military strength

EDITORIAL: National Security Committee (NSC) chaired by Prime Minister Imran Khan and attended by civilian and...

Published 29 Dec, 2021 06:57am

Pakistan

Tarin takes oath as federal minister for finance

ISLAMABAD: Shaukat Tarin was sworn in as Federal Minister for Finance on Monday after becoming senator from...

Published 28 Dec, 2021 03:54am

Editorials

Economy has come to a critical juncture

EDITORIAL: The Cabinet is expected to consider and approve today a draft finance bill envisaging not only the...

Updated 28 Dec, 2021 09:40am

6th review of EFF to be presented to IMF board on Jan 12

ISLAMABAD: The Ministry of Finance said on Thursday that the sixth review of the Extended Fund Facility (EFF) would...

Updated 24 Dec, 2021 10:27am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 20	278.30
USD PKR Interbank Buying / May 20	278.10
USD to Japanese Yen / May 20	155.76
USD to Swiss Franc / May 20	0.91
Pound Sterling to USD / May 20	1.27
Euro to USD / May 20	1.09

Stock	Volume
S&P 500 / May 17	5303.27
India Sensex / May 17	73917.03
Nasdaq / May 17	16685.97
Dow Jones / May 17	40003.59
Tokyo Nikkei / May 20	39197.34
Hang Seng / May 20	19650.18
FTSE 100 / May 20	8442.03
Germany DAX 30 / May 20	18754.68

Item	Value
Karachi Cotton PKR/37.32 KG / May 17	19935
Petrol/Litre / May 20	273.10
Crude Oil USD/Barrel / May 20	80.09
Gold 10 Grams PKR / May 20	214678
Gold Spot USD/Ounce / May 20	2436.84
Diesel/Litre / May 20	274.08

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 20 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 20 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 20 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 20 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 20 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 20 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 20 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 20 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 20 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 20 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 20 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 20 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 20 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 20 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 20 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 20 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 20 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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