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IMF and Pakistan

MoI&P asked to settle impasse with provinces: Selling ‘un-needed’ imported urea becomes new headache for govt

ISLAMABAD: The federal cabinet has directed the Ministry of Industries and Production (MoI&P) to settle impasse...

Updated 01 Apr, 2024 08:45am

Markets

Petrol price hiked, diesel’s slashed ahead of Eid

ISLAMABAD: The federal government ordered a significant raise in petrol price by up to Rs 9.66 per litre, effective...

Published 01 Apr, 2024 05:34am

Business & Finance

Experts stress less reliance on IMF

KARACHI: Speakers at a seminar here stressed the importance of Islamic financial system, IT and agriculture sectors...

Published 30 Mar, 2024 08:09am

Business & Finance

Q1CY24: KSE-100 rises 7pc in PKR terms

KARACHI: Pakistan’s benchmark KSE-100 index has increased by 7.0 percent in Pak-rupee terms and 9.0 percent in USD...

Published 30 Mar, 2024 06:31am

Opinion

What does 24th IMF programme mean?

It has been argued by many political and economic analysts that the 24th IMF programme could usher in a tsunami of...

Published 30 Mar, 2024 04:58am

Editorials

The IMF package

EDITORIAL: A Pakistan Tehreek-e-Insaf Khyber Pakhtunkhwa government spokesperson on the economic affairs has ...

Published 30 Mar, 2024 04:58am

New IMF programme: Aurangzeb optimistic about prospects

KARACHI: Federal Finance Minister Muhammad Aurangzeb Friday said Pakistan’s delegation led by him will leave for...

Updated 30 Mar, 2024 10:05am

Business & Finance

Tobacco taxation restructuring: Health activists support IMF’s recommendation

ISLAMABAD: Pakistan has suffered economic losses due to the dominance of the cigarette industry, high consumption...

Updated 30 Mar, 2024 05:33am

Pakistan

Aurangzeb eyes fresh staff-level agreement with IMF by end of this fiscal year

Finance minister says imposition of super tax, windfall tax not sustainable

Updated 29 Mar, 2024 10:37pm

Markets

Headline inflation projected to stand at around 20% in March

Consumer Price Index (CPI)-based inflation in Pakistan is expected to decline further and may clock in at around 20%...

Updated 28 Mar, 2024 08:38pm

Markets

KSE-100 settles at 67,142, highest closing in history

Experts attribute rally to advancement on privatisation and IMF fronts

Updated 28 Mar, 2024 09:16pm

Business & Finance

Tobacco industry: IMF recommends uniform tax structure

ISLAMABAD: The International Monetary Fund (IMF) has recommended implementation of a uniform tax structure on the...

Published 28 Mar, 2024 05:47am

Pakistan

July-February FY24: foreign investors’ profit repatriation soars 237%

Repatriation of profit and dividends by foreign investors was a massive 237% higher on a year-on-year basis during...

Updated 27 Mar, 2024 08:42pm

Markets

Record high: KSE-100 settles above 66,500 with 642-point gain

Progress on privatisation front, likely deal with IMF drive rally

Updated 27 Mar, 2024 09:32pm

Pakistan

PM Shehbaz says macroeconomic stability, growth priority of govt

Prime Minister Shehbaz Sharif on Tuesday said his government’s top priority is to ensure macroeconomic stability and...

Updated 26 Mar, 2024 06:32pm

Opinion

Attacks on the NFC Award

There have recently been some attacks on the 7th NFC award relating to the distribution of federal tax revenues...

Updated 26 Mar, 2024 04:41am

Opinion

IMF and the power tariff

Showing traditional annoyance, IMF in the talks at Islamabad was reported to have required the GoP to assure ...

Updated 26 Mar, 2024 04:47am

10 Discos seek Rs2.765trn tariff adjustment

Requested adjustments are on account of O&M costs, currency depreciation, Return on Rate base, Gross Margin, less; other income, net margin and Prior Year Adjustment

Updated 26 Mar, 2024 12:36pm

PTI says economic situation does warrant IMF programme

ISLAMABAD: Terming the new International Monetary Fund (IMF) programme as “highly critical” as it involves all the...

Updated 26 Mar, 2024 09:43am

Business & Finance

A productive visit to Karachi: Jam holds talks with key economic, trade bodies

KARACHI: Federal Minister for Commerce, Jam Kamal Khan, recently concluded a comprehensive and fruitful visit to...

Published 26 Mar, 2024 04:20am

Markets

Oil, gas stocks drive positive momentum at PSX

Benchmark KSE-100 settles at 65,525.65

Updated 25 Mar, 2024 10:07pm

Markets

Rupee remains largely stable against US dollar

Currency settles at 278.13 level against the US dollar in inter-bank market

Updated 25 Mar, 2024 06:30pm

Opinion

‘Q-Block’ needs to reinvent itself?

Pakistan’s economy has entered the stabilisation phase after going through an extremely turbulent period. However,...

Published 25 Mar, 2024 06:06am

Opinion

Pakistan and IMF

The second and final review of the nine-month Stand-By Arrangement (SBA) with the International Monetary Fund (IMF)...

Published 25 Mar, 2024 06:05am

Spring BoG meetings of World Bank, IMF: Finance minister to lead delegation

ISLAMABAD: The Spring meetings 2024 of the Board of Governors of the World Bank Group and International Monetary...

Updated 25 Mar, 2024 11:10am

Property market crisis: China needs to ‘reinvent itself’: IMF MD

BEIJING: China needs to “reinvent itself” with economic policies to speed resolution of its property market crisis...

Updated 25 Mar, 2024 08:56am

Opinion

Aurangzeb has his work cut out for him

In understanding the nation’s economy, there’s a clear distinction between an economist serving as the finance...

Published 24 Mar, 2024 03:02am

Pakistan

Self-reliance urged to end borrowing spree

KARACHI: Chairman of National Business Group Pakistan, Mian Zahid Hussain said that taking a new long-term loan from...

Published 24 Mar, 2024 03:02am

Opinion

It’s IMF way or the highway?

Announcing the staff-level agreement on the successful completion of the 23rd short-term facility, the IMF...

Published 23 Mar, 2024 05:41am

IMF, govt to hold talks on EFF next month: minister

Finance minister says they have expressed strong interests in an Extended Fund Facility with the IMF, but the quantum is not clear yet,Aurangzeb

Updated 23 Mar, 2024 09:20pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 17	278.30
USD PKR Interbank Buying / May 17	278.10
USD to Japanese Yen / May 17	155.67
USD to Swiss Franc / May 17	0.91
Pound Sterling to USD / May 17	1.27
Euro to USD / May 17	1.09

Stock	Volume
S&P 500 / May 17	5303.27
India Sensex / May 17	73917.03
Tokyo Nikkei / May 17	38787.38
Nasdaq / May 17	16685.97
Hang Seng / May 17	19535.61
FTSE 100 / May 17	8420.26
Dow Jones / May 17	40003.59
Germany DAX 30 / May 17	18704.42

Item	Value
Crude Oil USD/Barrel / May 17	79.59
Karachi Cotton PKR/37.32 KG / May 17	19935
Gold 10 Grams PKR / May 17	210562
Gold Spot USD/Ounce / May 17	2386.18
Cotton US¢/pound / May 17	76.29
Petrol/Litre / May 18	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 18 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 18 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 18 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 18 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 18 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 18 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 18 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 18 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 18 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 18 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 18 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 18 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 18 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 18 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 18 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 18 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 18 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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IMF and Pakistan

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