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 / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Gold 10 Grams PKR / Nov 20	238,940
Petrol/Litre / Nov 21	248.38
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold Spot USD/Ounce / Nov 21	2,662.71
Diesel/Litre / Nov 21	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

Markets →

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