News stories for Dr Omer Javed

Dr Omer Javed

Opinion

Acute food inflation and a shallow global policy leadership response

The ‘Food security’ update recently released by World Bank indicated a very difficult food inflation situation...

Published 05 Aug, 2022 06:27am

Opinion

Global economic players’ dismal policy action

International Monetary Fund (IMF) recently released the July 2022 update of one of its flagship reports ‘World...

Published 29 Jul, 2022 06:14am

Opinion

Default risk at hand

Around end of March, in a World Bank published article ‘Are we ready for the coming spate of debt crises’ it was...

Published 22 Jul, 2022 06:07am

Opinion

A cruel IMF programme

‘The pandemic triggered a dramatic increase in public debt in developing economies, from 54 to 65 per cent of GDP...

Published 15 Jul, 2022 06:20am

Opinion

Inflation, stagflation, recession

Years of neoliberal assault globally leading to a diminishing role of government, especially in regulating markets,...

Published 08 Jul, 2022 05:36am

Opinion

Reflections on G7 leaders’ summit 2022

G7 Leaders’ Summit 2022 was held recently in Germany, a little over a year later after the last such meetings were...

Updated 01 Jul, 2022 06:42am

Opinion

WTO’s 12th Ministerial Conference and Covid vaccine

‘Last week’s WTO 12th Ministerial Conference (MC12) in Geneva concluded with pro-corporate, anti-worker, and...

Published 24 Jun, 2022 06:15am

Opinion

Global economy at a delicate crossroad – II

A similar balance should be struck in the case of developing countries like Pakistan for it is critical to dealing...

Published 15 Jun, 2022 05:47am

Opinion

Global economy at a delicate crossroad – I

Global economy stands at a delicate crossroad, where wrong policy choices will be difficult to unwind in at least ...

Published 10 Jun, 2022 06:16am

Opinion

Needed: an objectives-based and mission-oriented budget

‘…which is outcomes-based budgeting. First ask ourselves what needs to be done. What does it mean to tackle...

Published 03 Jun, 2022 05:56am

Opinion

Policy rate and oil subsidy — II

Therefore, such policy increase will likely do a lot of harm to the impact of bottom-up approach by the previous...

Updated 01 Jun, 2022 09:44am

Opinion

Policy rate and oil subsidy — I

In its latest Monetary Policy Statement (MPS), released a few days ago, State Bank of Pakistan (SBP) raised policy...

Published 28 May, 2022 05:11am

Opinion

Urgent need for economic diplomacy activism

‘It is therefore in advanced economies’ interest to help poorer countries reduce the mounting risk of little...

Published 20 May, 2022 05:42am

Opinion

Controlling inflation, financing deficits — II

Moreover, the government should even think of immediately quitting the IMF programme. If the Fund does not ...

Published 17 May, 2022 05:39am

Opinion

Controlling inflation and financing deficits — I

In April 2020, International Monetary Fund (IMF) managing director (MD) had reportedly called the Covid pandemic a...

Published 14 May, 2022 04:05am

Opinion

Economy: Demystifying some policy choices

In a recent blog article ‘War dims global economic outlook as inflation accelerates’ published by the...

Published 07 May, 2022 05:46am

Opinion

The cost of IMF programme

Pakistan has been a prolonged user of International Monetary Fund (IMF) resources since the decade starting 1990,...

Published 29 Apr, 2022 05:43am

Opinion

Reaching a good balance between austerity and counter-cyclical policies

First it was vaccine apartheid practiced by many rich, advanced countries, which significantly contributed to an...

Published 22 Apr, 2022 05:36am

Opinion

Reaching an appropriate cure for inflation

‘This is a cost-push inflation… it’s a rise in costs of fuel, which is something that is used in everything...

Published 15 Apr, 2022 05:29am

Opinion

Shehbaz Sharif’s election year economic policies

Immediately after being elected as the 23rd Prime Minister of Pakistan, Shehbaz Sharif announced in National ...

Published 13 Apr, 2022 06:03am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 6	278.68
USD PKR Interbank Buying / Jan 6	278.48
USD to Japanese Yen / Jan 6	158.25
USD to Swiss Franc / Jan 6	0.91
Pound Sterling to USD / Jan 6	1.25
Euro to USD / Jan 6	1.03

Stock	Volume
S&P 500 / Jan 6	5,975.38
India Sensex / Jan 6	77,964.99
Tokyo Nikkei / Jan 6	40,264.50
Nasdaq / Jan 6	19,864.98
Hang Seng / Jan 6	19,502.29
FTSE 100 / Jan 6	8,249.66
Dow Jones / Jan 6	42,706.56
Germany DAX 30 / Jan 6	20,216.19

Item	Value
Crude Oil USD/Barrel / Jan 6	73.32
Karachi Cotton PKR/37.32 KG / Jan 6	18,285
Gold 10 Grams PKR / Jan 6	234,225
Gold Spot USD/Ounce / Jan 6	2,638.79
Cotton US¢/pound / Jan 6	68.81
Petrol/Litre / Jan 7	252.66

Gainers
Losers
Leaders

Stock	Price
Goodluck Ind. / Jan 6 Good Luck Industries Ltd.(GIL)	1,283.35 ▲ 85.86 (7.17%)
Pak Elektron (Pref) / Jan 6 Pak Elektron Limited (Preference)(PELPS)	12.44 ▲ 0.34 (2.81%)
786 Invest Ltd / Jan 6 786 Investments Limited(786)	8.64 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jan 6 Al-Abbas Sugar Mills Limited(AABS)	739.99 ▼ 0.00 (0.00%)
Agro Allianz / Jan 6 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jan 6 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jan 6 Ali Asghar Textile Mills Limited(AATM)	86.99 ▼ 0.00 (0.00%)
Allied Bank / Jan 6 Allied Bank Limited(ABL)	137.75 ▼ 0.00 (0.00%)
Abbott Lab. / Jan 6 Abbott Laboratories (Pakistan) Limited(ABOT)	1,282.05 ▼ 0.00 (0.00%)

Stock	Price
Javedan Corp.(Pref) / Jan 6 Javedan Corp.(Pref)(JVDCPS)	19 ▼ -1.00 (-5.00%)
Dawood Lawrencepur / Jan 6 Dawood Lawrencepur Limited(DLL)	250.10 ▼ -4.84 (-1.90%)
786 Invest Ltd / Jan 6 786 Investments Limited(786)	8.64 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jan 6 Al-Abbas Sugar Mills Limited(AABS)	739.99 ▲ 0.00 (0.00%)
Agro Allianz / Jan 6 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jan 6 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jan 6 Ali Asghar Textile Mills Limited(AATM)	86.99 ▲ 0.00 (0.00%)
Allied Bank / Jan 6 Allied Bank Limited(ABL)	137.75 ▲ 0.00 (0.00%)
Abbott Lab. / Jan 6 Abbott Laboratories (Pakistan) Limited(ABOT)	1,282.05 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Jan 6 Worldcall Telecom Limited(WTL)	73,230,816 ▲ 0.00
Cnergyico PK / Jan 6 Cnergyico PK Limited(CNERGY)	57,326,691 ▲ 0.00
Fauji Cement / Jan 6 Fauji Cement Company Limited(FCCL)	54,376,196 ▲ 0.00
Fauji Foods Ltd / Jan 6 Fauji Foods Limited(FFL)	48,486,153 ▲ 0.00
Pace (Pak) Ltd. / Jan 6 Pace (Pakistan) Limited(PACE)	47,351,133 ▲ 0.00
K-Electric Ltd. / Jan 6 K-Electric Limited(KEL)	47,018,900 ▲ 0.00
Bank Makramah / Jan 6 Bank Makramah Limited(BML)	34,268,257 ▲ 0.00
Pak Elektron / Jan 6 Pak Elektron Limited(PAEL)	32,625,743 ▲ 0.00
B.O.Punjab / Jan 6 The Bank of Punjab(BOP)	26,761,290 ▲ 0.00

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