Upward momentum KARACHI: Pak rupee continued its uptrend against the US dollar for the ninth consecutive week, as the local currency... Published 15 Jan, 2024 05:03am
Business & Finance Approval of SBA tranche described as ‘welcome development’ KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, Mian... Published 15 Jan, 2024 05:03am
Print Disbursement of SBA tranche: Dollar bonds extend rally on IMF approval Pakistan’s bonds had already rallied sharply in previous session, with all of the issuance rising Updated 13 Jan, 2024 05:02pm
Print 9-cent tariff: Govt yet to cross several bridges? Issues of rationalization of tariff and circular debt stock reduction were recently discussed at a meeting of the Apex Committee of Special Investment Facilitation Council (SIFC) Updated 13 Jan, 2024 05:01pm
Print TAPI prospects dim as approval of incentives put on ice ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has put approval of incentives for Turkmenistan... Updated 12 Jan, 2024 09:14am
Pakistan IMF Executive Board completes 1st review under SBA: finance ministry Development allows for immediate disbursement of $700mn Published 11 Jan, 2024 10:11pm
Markets Forex reserves hit 23-week high KARACHI: The State Bank of Pakistan (SBP) foreign exchange reserves recorded a notable increase of $ 1.3 billion... Published 05 Jan, 2024 03:12am
Perspectives Pakistan’s transition from the IMF’s SBA 2023 to the EFF 2024 The negotiation on the ninth review (of a total eleven) of the International Monetary Fund (IMF) Extended Fund... Published 04 Jan, 2024 08:55am
Print SBA: IMF set for first review on 11th ISLAMABAD: The International Monetary Fund (IMF) Executive Board is scheduled to consider the first review under... Updated 02 Jan, 2024 10:44am
Editorials SBP report: the truth, but not the whole truth? EDITORIAL: The Governor State Bank of Pakistan (SBP) as Chairman of the Board of Directors, submitted the annual... Published 02 Jan, 2024 05:21am
Print Performance of Shamshad better than Dar’s, says noted economist ISLAMABAD: Dr Shamshad Akhtar’s performance as finance minister is “B negative” and her predecessor Ishaq Dar’s is... Updated 01 Jan, 2024 12:22pm
Print Foreign investors: Jul-Nov profit repatriation soars 312pc to $532m YoY KARACHI: Repatriation of profit and dividends by foreign investors posted a notable 312 percent growth during the... Updated 28 Dec, 2023 08:53am
Print Budgetary support during Jul 1-Dec 16, 2023 period: Govt borrowing jumps 200pc to Rs2.876trn YoY Entire amount was borrowed from the SBP and scheduled banks to finance the fiscal deficit Updated 27 Dec, 2023 09:54am
Editorials Austerity measures EDITORIAL: A Business Recorder exclusive reveals that austerity measures for the current year are awaiting Caretaker... Published 26 Dec, 2023 04:30am
Print SBA: MoF says commitments being fulfilled Spokesman for the Finance Division says the arrangement was evident from the successful completion of the first review of the Staff Level Agreement Updated 24 Dec, 2023 06:49pm
Editorials LSM floundering EDITORIAL: Large-scale manufacturing (LSM) growth declined by 4.08 percent in October compared to October 2022 and 2... Published 20 Dec, 2023 06:00am
Business & Finance Jul-Nov borrowing down $0.829bn to $4.285bn YoY ISLAMABAD: The country borrowed $4.285 billion from multiple financing sources during the first five months... Updated 19 Dec, 2023 09:41am
Business & Finance IMF denies it plans to ask Pakistan to raise taxes on salaries KARACHI: The International Monetary Fund (IMF) resident representative in Pakistan on Friday denied media reports... Published 16 Dec, 2023 05:49am
Editorials Monetary policy blues EDITORIAL: The Monetary Policy Committee (MPC) in its meeting of 12 December 2023 kept the discount rate unchanged... Published 14 Dec, 2023 05:24am
Business & Finance Fitch maintains foreign currency IDR rating at CCC ISLAMABAD: Fitch rating agency maintained Pakistan’s long-term foreign-currency issuer default rating (IDR) at... Published 14 Dec, 2023 05:24am
Editorials Sensitive price index: roiling resurgence? EDITORIAL: The Sensitive Price Index (SPI) for the week ending 7 December 2023 against the week ending 30 November... Published 13 Dec, 2023 05:33am
Editorials Modest upturn in the economy EDITORIAL: The stock market benchmark, yet again, crossed another psychological barrier, this time of 66,000 points,... Published 12 Dec, 2023 05:28am
Print IMF scheduled to consider first review of $3bn SBA on Jan 11 ISLAMABAD: The International Monetary Fund (IMF) Executive Board is scheduled to consider the first review under... Updated 10 Dec, 2023 11:13am
Editorials Tax evasion in non-profit sector EDITORIAL: Now that the Federal Tax Ombudsman’s (FTO’s) office has identified “significant gaps” in the... Published 09 Dec, 2023 05:46am
Editorials SBA’s first tranche: So why the delay? EDITORIAL: International Monetary Fund’s (IMF’s) Board calendar till 14 December surprisingly does not include... Published 07 Dec, 2023 04:35am
Print Pakistan not on agenda of IMF Executive Board meeting ISLAMABAD: The International Monetary Fund (IMF) Executive Board has issued meetings scheduled till December 14, but... Updated 05 Dec, 2023 09:04am
Opinion A revisit of trade components critical Exports fuel domestic productivity and therefore employment and at the same time constitute the most desired form of... Published 04 Dec, 2023 05:35am
Markets PKR: only a marginal improvement KARACHI: The rupee saw marginal improvement in the previous week as it appreciated 0.14% or Re0.40 against the US... Published 04 Dec, 2023 05:35am
Print Expenditures: Higher mark-up payments may put big pressure: MoF ISLAMABAD: The Finance Ministry has forewarned higher markup payments may put significant pressure on the... Updated 03 Dec, 2023 05:15pm
Markets KSE-100 snaps 7-session rally as profit-taking kicks in Selling pressure drags benchmark index below 61,000 after it hits record high during trading Updated 29 Nov, 2023 09:35pm
Pakistan’s pharma sector can increase exports to $3bn in five years, but it ‘needs policy, govt support’