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IMF programme

Finance Ministry’s rejoinder to Miftah Ismail’s remarks

ISLAMABAD: Ministry of Finance on Sunday said that International Monetary Fund (IMF) program is intact and a new...

Published 21 Jun, 2021 03:43am

2021-22: WB projects 2pc GDP growth

ISLAMABAD: The World Bank has projected Pakistan’s GDP growth rate at 2 percent for 2021-22, saying that poverty ...

Published 18 Jun, 2021 04:16am

Opinion

'New' Washington Consensus

The good news is the new budgetary proposals attempt to detach the national economy from the regressive...

Published 16 Jun, 2021 03:39am

Opinion

IMF programme implementation

With the likely passage of the budget for FY22, the Pakistan economy not only enters the second innings of the PTI...

Published 15 Jun, 2021 03:30am

Editorials

The Budget

EDITORIAL: Arguably, there exist two serious flaws in the Pakistan's economy that are primarily responsible for the...

Published 12 Jun, 2021 05:04am

FY22, FY23: Economic team unveils gameplan

ISLAMABAD: The government on Thursday said the revenue collection would be increased by 20 percent every year to ...

Published 04 Jun, 2021 05:06am

Opinion

PARTLY FACETIOUS: Nearly 4pc GDP growth no joke

“So why in the world doesn’t the opposition put up or shut up? A 3.94 percent growth rate during a pandemic year...

Published 03 Jun, 2021 04:13am

BR Research

Permanent liquidity shortage?

The State bank of Pakistan (SBP) like any other central bank manages daily liquidity in the market through open...

Published 02 Jun, 2021 07:30am

Reza says growth shows success of SBP stimulus

KARACHI: The governor State Bank of Pakistan (SBP), Dr Reza Baqir, has said that revised growth forecast of 4 ...

Published 02 Jun, 2021 04:29am

Opinion

Budget FY22: Tarin faces Herculean task

The fourth Finance Minister Shaukat Fayaz Ahmed Tarin of the coalition government of Pakistan Tehreek-i-Insaf (PTI)....

Published 20 May, 2021 04:26am

Opinion

Tarin’s plan falls short of needed reform approach — I

‘In this context, ‘moonshot’ thinking is about setting targets that are ambitious but also inspirational, able...

Published 16 May, 2021 04:26am

Editorials

ICAP’s budget proposal

EDITORIAL: The Institution of Chartered Accountants of Pakistan’s (ICAP’s) initiative of preparing a Model...

Published 13 May, 2021 03:10am

Higher growth now govt’s main objective: Tarin

ISLAMABAD: Finance Minister Shaukat Tarin said on Monday that a policy has been prepared to shift from stabilisation...

Published 04 May, 2021 04:26am

Fiscal consolidation or economic stimulus? Country faced with difficult choice: Tarin

ISLAMABAD: Minister for Finance and Revenue, Shaukat Tarin said, on Wednesday, that Pakistan has resumed the...

Published 29 Apr, 2021 03:52am

Opinion

‘PTI’s second innings: overcast conditions?’

This is apropos a Business Recorder op-ed “PTI’s second innings: overcast conditions?” carried the newspaper ...

Published 27 Apr, 2021 03:02am

Opinion

Outlook for the BoP

The balance of payments (BoP) numbers for the first three quarters of 2020-21 have just been released by the SBP. By...

Published 27 Apr, 2021 03:02am

Opinion

Budgetary framework in IMF programme

The IMF Programme which remained suspended for almost one year has become operational once again. Effectively the...

Published 20 Apr, 2021 04:00am

Editorials

IMF programme just needs a little tweaking

EDITORIAL: International Monetary Fund (IMF) programme is not in a strait jacket, so stated Resident Representative...

Published 19 Apr, 2021 03:21am

Pakistan

IMF programme strikes balance between economic reforms and social protection: Hammad

He said that the government was fully cognizant of the impact of the program on the vulnerable segments of the society.

Published 07 Apr, 2021 08:01pm

BR Research

Eurobond issue: not half bad

Finally, Eurobonds have been issued, after waiting in the pipeline for a year or more. Over the past few months,...

Published 01 Apr, 2021 07:25am

World

Ukraine hopes for IMF loans soon after 'a lot of progress', finance minister says

Anti-corruption policy and judicial reform remained outstanding issues in the negotiations, but fiscal policy was not a sticking point, he added.
"We are in the active stage, we are very advanced," Marchenko said. "There is a hope that in the near future we will go to the Staff Level Agreement."

Published 30 Mar, 2021 09:08pm

BR Research

Currency diary: Rupee appreciation marches on

The currency appreciation continues, crossing the psychological level of 155 on Friday. This is almost the pre-Covid...

Published 29 Mar, 2021 07:25am

Business & Finance

Withdrawal of tax exemptions to affect ease of doing business: FPCCI

ISLAMABAD: President Federation of Pakistan Chamber of Commerce and Industry

Published 29 Mar, 2021 06:05am

BR Research

IMF is back

No surprise, as expected, the IMF programme is back. Four pending reviews (2nd to 5th) are completed and $500 ...

Published 26 Mar, 2021 07:25am

Editorials

Preponderance of IMF programme

EDITORIAL: On 24 March 2021, the International Monetary Fund (IMF) Board approved the staff-level agreement on ...

Published 26 Mar, 2021 05:22am

Govt expecting $1bn rollover by UAE

ISLAMABAD: The government said on Friday that it expects rollover of US$ 1 billion by the United Arab Emirates ...

Published 13 Mar, 2021 04:28am

BR Research

On PSDP spending

As per latest data from the Planning Commission, the spending authorizations under the FY21 Public Sector ...

Published 11 Mar, 2021 07:25am

Markets

PSX ends at CY’s lowest level: BRIndex100 stays bearish

KARACHI: A bearish trend continued on Pakistan Stock Exchange due to across-the-board selling pressure on ...

Published 11 Mar, 2021 05:25am

China approves $1.5bn currency swap with Sri Lanka

COLOMBO: China has approved a 10 billion yuan ($1.54 billion) currency swap with Sri Lanka, a government spokesman ...

Published 11 Mar, 2021 05:25am

BR Research

Hot money returns?

There are some early signs of hot money returning. Nothing too hot though. It is just a little higher sum of money...

Published 10 Mar, 2021 07:25am

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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