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IMF programme

IMF deal taking time due to delay in assurance from friendly nation: Ishaq Dar

Says he cancelled his US trip on the request of PM Shehbaz, will attend IMF-World Bank spring meetings virtually

Updated 08 Apr, 2023 09:14pm

World

IMF: Zambia needs bilateral debt relief to secure next payout

LUSAKA: The next International Monetary Fund (IMF) payout to Zambia from a total loan of $1.3 billion is contingent...

Published 06 Apr, 2023 05:23pm

Markets

'IMF indicates it has Saudi assurance of $2bn inflow to Pakistan'

Minister of State for Finance Aisha Ghaus Pasha says Saudi Arabia has assured IMF it will provide Pakistan with a $2bn loan
Says IMF agreement still depends on similar commitment from UAE

Updated 06 Apr, 2023 07:56pm

Opinion

Rising public debt

The extremely worrying indicator today is the large and rapidly growing level of public debt, including the external...

Published 04 Apr, 2023 03:24am

World

IMF board approves $15.6bn loan for Ukraine

WASHINGTON: The executive board of the International Monetary Fund on Friday approved a four-year $15.6 billion...

Published 31 Mar, 2023 09:49pm

Pakistan

Dar confirms rollover of $2bn China loan, says issue is ‘no longer pending’

Denies reports that request for rollover is 'work in progress'

Updated 31 Mar, 2023 06:46pm

Opinion

We don’t yet know what lies in store for us—II

The entire nation is waiting for a rather irrelevant document called the Staff Level Agreement (SLA) with the...

Published 31 Mar, 2023 06:45am

Markets

Rupee inches higher against US dollar, settles at 283.66

Currency appreciates 0.09% in interbank market

Updated 30 Mar, 2023 08:16pm

IMF’s ingenious approach the only hurdle to bailout

Minister of State for Finance Dr Aisha Ghaus-Pasha says the fund wants to independently verify commitments from friendly countries

Updated 30 Mar, 2023 09:27am

Pakistan

Pakistan careening towards potential default if IMF aid does not arrive: Bloomberg

Bloomberg economists believe neighbouring China will help Pakistan in case IMF does not release funds

Updated 21 Mar, 2023 08:01pm

Markets

Sri Lanka dollar bonds rise after IMF approves bailout

MUMBAI: Sri Lanka dollar bonds soared on Tuesday, a day after the International Monetary Fund (IMF) said its...

Published 21 Mar, 2023 11:32am

Pakistan

Govt did not consult ahead of announcing fuel subsidy proposal: IMF

Pakistan authorities did not consult with the International Monetary Fund (IMF) staff ahead of announcing their...

Updated 21 Mar, 2023 09:02am

Pakistan

Further hike in policy rate on the cards as inflation runs deep in Pakistan

Brokerage house AHL says it expects an increase of 100bps in upcoming meeting on April 4

Updated 18 Mar, 2023 03:29pm

Pakistan

IMF asking for materialisation of commitment from ‘friendly countries’: Ishaq Dar

Finance minister says there will be 'no compromise' on Pakistan's nuclear and missile programmes

Updated 16 Mar, 2023 08:36pm

Pakistan

General elections to take place 'on time' in August or September: PM Shehbaz

Says assembly elections in Punjab, KP 'will have consequences'

Updated 15 Mar, 2023 09:51pm

Bilawal says IMF not being fair

ISLAMABAD: Foreign Minister Bilawal Bhutto Zardari has stated that the International Monetary Fund (IMF) is not ...

Updated 11 Mar, 2023 08:50am

Pakistan

Staff-level agreement with IMF expected in ‘next few days’: Dar

Finance minister says agreement has 'taken longer than it should have'

Updated 09 Mar, 2023 05:18pm

Opinion

Cash-strapped countries face IMF bailout delays as debt talks drag on

Countries in debt distress such as Zambia and Sri Lanka turning to the International Monetary Fund (IMF) for...

Published 03 Mar, 2023 06:12am

Markets

SBP raises key interest rate by 300bps, takes it to 20%

Monetary Policy Committee expects inflation to rise further in the next few months
Also moves next MPC meeting to April 4 from April 27

Updated 02 Mar, 2023 09:20pm

Editorials

No good news on the horizon

EDITORIAL: Moody’s Investors Service further downgraded Pakistan’s local and foreign currency issuer and senior...

Updated 02 Mar, 2023 06:44am

Pakistan

Pakistan ‘desperately needs debt restructuring’: Dr Murtaza Syed

Former SBP deputy governor says situation is really bad, Pakistan caught in the crosshairs of a perfect storm

Updated 28 Feb, 2023 05:57pm

Pakistan

Pakistan will need another IMF programme in June: Dr Murtaza Syed

Calls Pakistan's economic crisis the worst in history steered by domestic and global reasons

Updated 24 Feb, 2023 05:53pm

Opinion

Pakistan: political illusions and economic delusions

There is no pure economics for a state; it is always a political economy. Whilst examining the effect of the present...

Published 24 Feb, 2023 06:00am

Pakistan

President Alvi approves Finance (Supplementary) Bill 2023

Also known as the mini-budget, the bill is key to unlocking the next tranche of the IMF programme

Updated 23 Feb, 2023 05:11pm

Pakistan

Cabinet members to forgo salaries, perks, says PM Shehbaz while announcing austerity measures

All luxury cars being used by cabinet members will be auctioned, Toshakhana record to be made public, says PM

Updated 22 Feb, 2023 08:03pm

Briefing on IMF programme: NA panel irked by Dar’s absence

ISLAMABAD: A meeting of the National Assembly’s Standing Committee on Finance has expressed its displeasure over the...

Updated 22 Feb, 2023 08:47am

Opinion

IMF programme & reforms

Pakistan, one of the major victims of climate change, is fighting alone to manage the damages caused due to...

Published 17 Feb, 2023 06:00am

Pakistan

Govt increases petrol price by Rs22.20, takes it to Rs272 per litre

Also announces an increase in the price of high-speed diesel by Rs17.20 per litre, taking it to Rs280

Published 16 Feb, 2023 12:08am

Pakistan

Finance (Supplementary) Bill, 2023: Dar unveils taxation measures as Pakistan looks to appease IMF

National Assembly session comes as Islamabad remains desperate to revive its bailout programme with Washington-based lender

Updated 15 Feb, 2023 08:37pm

Opinion

IMF programme and energy crisis

Pakistan has less than US$3 billion in foreign reserves, enough to finance less than three weeks of imports. It owes...

Updated 15 Feb, 2023 06:47am

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 programme

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