Trends - budget deficit - Business Recorder

budget deficit

‘Fiscal outcome in the first quarter’

This is apropos a Business Recorder op-ed “Fiscal outcome in the first quarter” carried by the newspaper...

Published 06 Nov, 2024 07:00am

Business & Finance

Pakistan needs to finance budget deficit thru external borrowing, non-bank borrowing: study

ISLAMABAD: Pakistan needs to finance the budget deficit through external borrowing and non-bank borrowing as these...

Published 08 Oct, 2024 06:46am

World

Inside Macron’s pitch meeting with Wall Street as budget woes mount

NEW YORK/PARIS: French President Emmanuel Macron has given top US financiers a candid assessment of his country’s...

Published 05 Oct, 2024 06:43am

Business & Finance

Oil-rich Saudi projects budget deficit through 2027

RIYADH: The Arab world’s biggest economy Saudi Arabia announced Monday it anticipates a budget deficit of 2.3...

Published 02 Oct, 2024 06:19am

Opinion

Budgetary outcome in 2023-24

The statistics on the outcome of fiscal operations by the federal and provincial governments in 2023-24 were ...

Updated 13 Aug, 2024 07:40am

Opinion

Medium-term budget strategy

The Federal Ministry of Finance has released the Medium-Term Budget Strategy Statement for the period, 2024-25 to...

Published 06 Aug, 2024 06:40am

Business & Finance

Saudi budget deficit tops $4bn in Q2

DUBAI: Saudi Arabia’s budget deficit rose to 15.3 billion riyals ($4.09 billion) in the second quarter, almost...

Published 01 Aug, 2024 07:27am

Business & Finance

Saudi Arabia posts budget deficit of $3.30bn in Q1

RIYADH: Saudi Arabia posted a budget deficit of 12.387 billion riyals ($3.30 billion) in the first quarter of 2024,...

Published 06 May, 2024 05:30am

World

Saudi Arabia posts budget deficit of $3.30 billion in first quarter

RIYADH: Saudi Arabia posted a budget deficit of 12.387 billion riyals ($3.30 billion) in the first quarter of 2024,...

Published 05 May, 2024 09:12pm

SOEs: PM for speeding up sell-off process

ISLAMABAD: Prime Minister Shehbaz Sharif has directed to speed up the process of reforms and privatisation of...

Updated 05 Apr, 2024 09:57am

Business & Finance

Enhancement of tax-to-GDP ratio: ‘Govt should curtail tax evasion, illicit trade in major sectors’

LAHORE: “The government could enhance the tax-to-GDP ratio, increase tax collection and reduce the budget deficit...

Published 30 Mar, 2024 08:03am

Editorials

The IMF package

EDITORIAL: A Pakistan Tehreek-e-Insaf Khyber Pakhtunkhwa government spokesperson on the economic affairs has ...

Published 30 Mar, 2024 04:58am

Editorials

Increase in debt burden

EDITORIAL: Total domestic and external debt stocks rose by 6 percent during the first seven months of the current...

Published 09 Mar, 2024 04:59am

World

Saudi Arabia posts 2023 budget deficit of $22 billion

DUBAI: Saudi Arabia posted a fiscal deficit of 80.9 billion riyals ($21.57 billion) in 2023, slightly narrower than...

Published 15 Feb, 2024 05:39am

Six-month budget deficit soars to 2.3pc of GDP

ISLAMABAD: The budget deficit during the first six months of the ongoing fiscal year increased to 2.3 percent of the...

Updated 30 Jan, 2024 08:48am

IMF revises deficit upward to 7.7pc of GDP

ISLAMABAD: The International Monetary Fund (IMF) has upward revised the budget deficit (excluding grants) to 7.7...

Updated 21 Jan, 2024 09:34am

World

Saudi expects budget deficits in 2023, 2024: finance ministry

RIYADH: Saudi Arabia on Wednesday announced it was projecting a budget deficit of 2 percent of GDP in 2023 and 1.9...

Published 06 Dec, 2023 08:04pm

Editorials

Discos’ infrastructure needs

EDITORIAL: The Asian Development Bank’s (ADB’s) revelation that “significant investment is required in ...

Published 08 Nov, 2023 05:42am

Opinion

Crisis is the moment for home-grown solutions

Containment of fiscal deficit should be and is the first priority. In this respect extensive data released on Q1...

Updated 06 Nov, 2023 06:11am

Business & Finance

KSA posts budget deficit of $9.5bn in 3Q

DUBAI: Saudi Arabia posted a budget deficit of 35.8 billion riyals ($9.54 billion) in the third quarter, data...

Published 06 Nov, 2023 05:27am

Business & Finance

Businessman underscores need for implementing structural reforms

LAHORE: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Presidential Candidate for the upcoming...

Published 29 Oct, 2023 03:25am

Editorials

Consolidated fiscal operations

EDITORIAL: The Finance Ministry uploaded a summary of the consolidated federal and provincial fiscal operations for...

Published 27 Oct, 2023 05:16am

Govt closes Q1 with budget deficit of 0.9pc of GDP

ISLAMABAD: The government has closed the first quarter of the current fiscal year (July-Sept 2023-24) with a budget...

Updated 26 Oct, 2023 09:02am

Business & Finance

Growing national debt termed ‘a bad omen’

KARACHI: Pakistan’s total debt (external and domestic) is on surge, reaching the historic mark of Rs. 64 trillion...

Published 09 Oct, 2023 06:24am

Opinion

SOEs, fiscal discipline & reforms

Despite a wave of privatization in the last 3 decades, SOEs still contribute significantly to the economic growth of...

Updated 08 Sep, 2023 06:31am

Editorials

Economy: caretakers indecisive or dilatory?

EDITORIAL: The federal caretaker cabinet meeting last Tuesday, reportedly (as no press release was issued or a press...

Published 31 Aug, 2023 06:00am

Business & Finance

Debt servicing hits record high of Rs5.831trn: FY23 closes with 7.7pc budget deficit

ISLAMABAD: The government closed the last fiscal year (2022-23) with a budget deficit of 7.7 percent or Rs6.521...

Updated 18 Aug, 2023 09:49am

Business & Finance

Aramco boosts dividend as Q2 profit drops 38pc to $30.1bn

To announce investments in China chemicals sector

Published 15 Aug, 2023 06:30am

Opinion

Budget Rupee Account: FY2023-24 to FY2027-2028

In the earlier two articles the focus was on the foreign (external) currency account of Pakistan. In this article ...

Published 11 Aug, 2023 05:17am

Editorials

Plus ca change, plus c’est la meme chose

EDITORIAL: In an overarching drive to launch development projects before the term of the government expires, a drive...

Published 01 Aug, 2023 06:19am

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
Petrol/Litre / Dec 30	252.10
Crude Oil USD/Barrel / Dec 30	70.32
Gold Spot USD/Ounce / Dec 30	2,612.39
Diesel/Litre / Dec 30	255.38

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 deficit

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