Trends - budget 2022 2023 - Business Recorder

budget 2022 2023

Unrealistic budget of 2022-23

The budget of 2022-23 has been framed with agreement of the IMF (International Monetary Fund) as part of the ongoing...

Published 15 Nov, 2022 05:52am

Editorials

The woeful PKR slide

EDITORIAL: The loss of 6.79 rupees to the dollar in one day has sent shock waves not only amongst the economic team...

Published 21 Jul, 2022 05:40am

Opinion

Boosting national economy for autarky

Prime Minister Shehbaz Sharif has rightly remarked recently “Till when we would keep on going with a begging bowl?”...

Published 20 Jul, 2022 05:48am

Deal with IMF expected anytime

ISLAMABAD: The federal capital is rife with speculation that the staff-level agreement on the seventh review between...

Published 14 Jul, 2022 05:00am

Opinion

An elusive IMF programme

One can say with reasonable confidence that the economic circumstances facing today have no parallel in the history...

Published 13 Jul, 2022 05:48am

Fiscal year 2022-23: Foreign assistance estimates revised upward to Rs5.5trn

ISLAMABAD: The government has revised upward the estimated foreign assistance to Rs5.503 trillion by around 74...

Updated 07 Jul, 2022 09:25am

Editorials

There’s no out-of-the-box thinking

EDITORIAL: The budget 2022-23 envisages higher revenue by about a trillion rupees compared to the year before, with...

Published 07 Jul, 2022 05:35am

Opinion

Exorbitant tax on formal sector to make the nation poorer

The annual ritual of budget presentation was completed on June 29 with the passage of the Finance Act 2022 by the...

Published 05 Jul, 2022 05:19am

Pakistan

Supplementary budget of Rs93.56bn also passed: Sindh PA adopts deficit budget with Rs1.714trn outlay

KARACHI: The Sindh Assembly has unanimously passed a deficit budget with a total outlay of Rs 1.714 trillion for the...

Published 29 Jun, 2022 05:44am

Opinion

Budget 2022-23 – Amended

In our previous article (BR: 13- 6-2022) we had examined Budget 2022-23 from the point of view of the IMF...

Published 29 Jun, 2022 05:44am

Pakistan

Corruption has increased in PPP rule: Haleem

KARACHI: Opposition leader in the Sindh Assembly Haleem Adil Sheikh on Monday slammed the “imported” government...

Published 28 Jun, 2022 07:13am

NA: Amendments to finance bill may be presented today

Amendments are still being given a final shape

Updated 28 Jun, 2022 09:57am

Opinion

A mini-budget or an annexure to budget?

For the first time in Pakistan’s chequered history additional revenue measures were annexed to the budget by a...

Updated 27 Jun, 2022 06:28am

Opinion

Taxing nation’s savings – but at what cost?

The budget 2022-23 is continuation of a series of budgets for the last several years that have been increasing tax...

Updated 25 Jun, 2022 05:16pm

Over Rs300m yearly income: 13 sectors to pay 10pc supertax for a year: Miftah

ISLAMABAD: Finance Minister Miftah Ismail Friday announced a 10 percent super tax on 13 sectors – having yearly...

Updated 25 Jun, 2022 09:43am

Pakistan

Punjab Assembly starts debate on supplementary budget

LAHORE: The Punjab Assembly session convened by Governor Punjab Muhammad Baligh-ur-Rehman at Aiwan-e-Iqbal started...

Published 24 Jun, 2022 08:02am

Pakistan

Budget debate continues in Sindh PA: Opposition slams govt over huge school dropout rate

KARACHI: The Sindh Assembly on Thursday continued its debate on fiscal budget 2022-23, as opposition slammed the...

Published 24 Jun, 2022 06:15am

Pakistan

Treasury lawmakers hold PTI govt responsible for current economic crisis

ISLAMABAD: The lawmakers belonging to the ruling coalition on Thursday held the previous government of Pakistan...

Published 24 Jun, 2022 06:15am

Additional taxation measures of over Rs436bn on the cards

ISLAMABAD: The government is finalising additional taxation measures of over Rs 436 billion through amendments in ...

Updated 24 Jun, 2022 01:16pm

IMF has asked for more taxes, claims Tarin

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) Senator Shaukat Tarin has claimed that the International Monetary Fund...

Updated 24 Jun, 2022 09:52am

Editorials

Rewriting the budget 2022-23

EDITORIAL: The International Monetary Fund (IMF) has uncharacteristically uploaded the following sentence on its...

Published 24 Jun, 2022 06:15am

Oil prices hiked to avert default, says Miftah

ISLAMABAD: Federal Finance Minister Miftah Ismail has termed the next fiscal year budget as progressive and...

Updated 24 Jun, 2022 10:19am

Business & Finance

Budget FY23: Understanding with IMF may lead to revival of EFF

KARACHI: In a welcoming breakthrough, Pakistan and IMF reached an understanding on the federal budget FY23 which...

Published 23 Jun, 2022 06:55am

Pakistan

Punjab PA approves Rs3.226trn budget in absence of opposition

LAHORE: In the absence of opposition Punjab Assembly on Wednesday passed Finance Bill 2022 and thus approved the...

Published 23 Jun, 2022 06:05am

Business & Finance

FPCCI voices concern over glaring anomaliesin budget

KARACHI: Shabbir Mansha, acting president FPCCI, has expressed his concern on the glaring anomalies in the federal...

Published 23 Jun, 2022 06:05am

Progress made over FY23 budget: IMF

ISLAMABAD: Key progress has been made in talks on the revival of Pakistan’s International Monetary Fund bailout...

Updated 23 Jun, 2022 09:57am

$2.3bn loan agreement signed with Chinese consortium: Miftah says inflows expected ‘within days’

ISLAMABAD: Minister for Finance and Revenue Miftah Ismail Wednesday said the Chinese consortium of banks on Tuesday...

Updated 23 Jun, 2022 10:00am

Pakistan

Lawmakers call for more relief to common man in budget

ISLAMABAD: The lawmakers in the National Assembly on Tuesday called for more relief to the common man in the budget,...

Published 22 Jun, 2022 07:35am

Business & Finance

OICCI conveys concerns over tax anomalies in budget proposals

ISLAMABAD: Overseas Investors Chamber of Commerce and Industry (OICCI) has conveyed its concerns over tax anomalies...

Published 22 Jun, 2022 06:45am

Balochistan follows in the footsteps of Sindh: deficit budget

QUETTA: The Balochistan government on Tuesday unveiled a deficit budget worth Rs 612.7 billion with a deficit of Rs...

Updated 22 Jun, 2022 10:02am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 30	278.58
USD PKR Interbank Buying / Dec 30	278.43
USD to Japanese Yen / Dec 30	157.92
USD to Swiss Franc / Dec 30	0.90
Pound Sterling to USD / Dec 30	1.26
Euro to USD / Dec 30	1.04

Stock	Volume
S&P 500 / Dec 27	5,970.84
Nasdaq / Dec 27	19,238.48
Dow Jones / Dec 27	42,992.21
India Sensex / Dec 30	78,209.98
Tokyo Nikkei / Dec 30	39,894.54
Hang Seng / Dec 30	20,041.42
FTSE 100 / Dec 30	8,116.01
Germany DAX 30 / Dec 30	19,935.78

Item	Value
Gold 10 Grams PKR / Dec 27	234,225
Karachi Cotton PKR/37.32 KG / Dec 28	17,785
Crude Oil USD/Barrel / Dec 30	70.32
Gold Spot USD/Ounce / Dec 30	2,612.39
Cotton US¢/pound / Dec 30	68.60
Petrol/Litre / Dec 31	252.10

Gainers
Losers
Leaders

Stock	Price
Cnergyico PK / Dec 30 Cnergyico PK Limited(CNERGY)	7.52 ▲ 1.00 (15.34%)
Sec. Inv. Bank / Dec 30 Security Investment Bank Limited(SIBL)	8.99 ▲ 1.00 (12.52%)
Abdullah Shah / Dec 30 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	7.20 ▲ 0.79 (12.32%)
Dost Steels Ltd. / Dec 30 Dost Steels Limited(DSL)	6.70 ▲ 0.72 (12.04%)
Telecard Limited / Dec 30 Telecard Limited(TELE)	9.63 ▲ 1.00 (11.59%)
Media Times Ltd / Dec 30 Media Times Limited(MDTL)	2.40 ▲ 0.24 (11.11%)
I.C.C. Ind. / Dec 30 ICC Industries Limited(ICCI)	10.03 ▲ 1.00 (11.07%)
B.O.Punjab / Dec 30 The Bank of Punjab(BOP)	10.48 ▲ 1.00 (10.55%)
Idrees Tex. / Dec 30 Idrees Textile Mills Limited(IDRT)	14.27 ▲ 1.30 (10.02%)

Stock	Price
National Silk / Dec 30 The National Silk & Rayon Mills Limited(NSRM)	49.90 ▼ -5.54 (-9.99%)
Olympia Mills / Dec 30 Olympia Mills Limited(OML)	36 ▼ -3.99 (-9.98%)
Maqbool Tex. / Dec 30 Maqbool Textile Mills Limited(MQTM)	28.50 ▼ -2.56 (-8.24%)
Shahzad Tex. / Dec 30 Shahzad Textile Mills Limited(SZTM)	27.50 ▼ -2.37 (-7.93%)
Al-Khair Gadoon / Dec 30 Al-Khair Gadoon Limited(AKGL)	38.50 ▼ -3.21 (-7.70%)
Dewan Textile / Dec 30 Dewan Textile Mills Limited(DWTM)	6.90 ▼ -0.56 (-7.51%)
Engro Poly(Pref / Dec 30 Engro Poly(Pref)(EPCLPS)	11.10 ▼ -0.90 (-7.50%)
Habib Sugar / Dec 30 Habib Sugar Mills Limited(HABSM)	79 ▼ -5.26 (-6.24%)
First Tri-Star Mod. / Dec 30 First Tri-Star Modaraba(FTSM)	14.35 ▼ -0.90 (-5.90%)

Stock	Volume
Cnergyico PK / Dec 30 Cnergyico PK Limited(CNERGY)	125,453,825 ▲ 1.00
Fauji Foods Ltd / Dec 30 Fauji Foods Limited(FFL)	104,428,605 ▲ 0.32
WorldCall Telecom / Dec 30 Worldcall Telecom Limited(WTL)	96,647,456 ▲ 0.13
B.O.Punjab / Dec 30 The Bank of Punjab(BOP)	84,168,029 ▲ 1.00
Silk Bank Ltd / Dec 30 Silkbank Limited(SILK)	48,777,302 ▲ 0.08
K-Electric Ltd. / Dec 30 K-Electric Limited(KEL)	45,290,268 ▲ 0.19
TRG Pak Ltd / Dec 30 TRG Pakistan Limited(TRG)	40,065,544 ▼ -3.15
Pak Elektron / Dec 30 Pak Elektron Limited(PAEL)	36,275,641 ▲ 4.05
Hascol Petrol / Dec 30 Hascol Petroleum Limited(HASCOL)	34,627,314 ▼ -0.09

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budget 2022 2023

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