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debt

Poor reflection of economic history by policymakers

‘A World Bank study of 177 sovereign external and domestic debt defaults found that five years after successful...

Updated 27 Sep, 2024 08:14am

Govt securities: FD notifies new buyback programme

ISLAMABAD: The government has notified changes in existing buyback programme and enhanced its scope from existing...

Updated 27 Sep, 2024 09:14am

Business & Finance

China, UAE, Saudi Arabia: Pakistan wins additional financing assurances: IMF

WASHINGTON: Pakistan has received “significant financing assurances” from China, Saudi Arabia and the United ...

Published 27 Sep, 2024 06:26am

Opinion

We, ‘those’ people

Now I’m told that this ugly executive-judiciary fight threatens to unravel the sacrosanct “balance between...

Published 26 Sep, 2024 06:48am

Business & Finance

Global debt hits record $312trn: IIF

NEW YORK: Global debt hit a record high of $312 trillion at the end of the second quarter, driven by borrowing in ...

Published 26 Sep, 2024 06:48am

Business & Finance

OECD calls for higher property taxes to fight debt

PARIS: The OECD on Wednesday slightly raised its world economic growth forecast for 2024 but called for higher...

Published 26 Sep, 2024 06:48am

Editorials

IMF board meeting amid our debt dilemma

EDITORIAL: The IMF board’s meeting is likely to take place very soon, marking almost two-and-a-half months since...

Updated 23 Sep, 2024 07:28am

Opinion

Economic resilience and IMF surcharges

‘Supporters of the surcharges argue that the additional fees discourage debtors from borrowing excessively from ...

Updated 20 Sep, 2024 08:29am

FY2025 to FY29: External debt maturity estimated to be over $100bn

Friendly countries to rollover $12.7 billion in the current fiscal year

Updated 20 Sep, 2024 12:08pm

Pakistan

KP govt establishes debt management fund

PESHAWAR: The provincial cabinet of Khyber Pakhtunkhwa approved the establishment of a Debt Management Fund to...

Published 19 Sep, 2024 07:27am

Opinion

Rising public debt

The SBP (State Bank of Pakistan) has released figures of total debt and public debt of Pakistan as of end-June 2024....

Published 19 Sep, 2024 06:37am

Costly electricity: IPPs’ capacity charges not the sole factor: experts

KARACHI: Energy experts have blamed a host of issues for the rising electricity prices, saying that the recent...

Updated 13 Sep, 2024 09:27am

Opinion

What sustainable macroeconomic stability?

The fall in inflation (to be precise CPI inflation) to single-digit in August –stood at 9.6 percent – meant that...

Updated 06 Sep, 2024 07:36am

China, IMF: PM asks MoF to follow key matters up

Ministry of Railways, Planning, and Finance directed to expeditiously finalise negotiations on Karachi-Hyderabad segment of ML-1 project with Chinese authorities

Updated 06 Sep, 2024 09:26am

Business & Finance

Govt debt stocks rise to Rs69.9trn

KARACHI: The federal government’s total debt stocks rose to Rs 69.6 trillion mark at the end of July 2024 primarily...

Updated 06 Sep, 2024 08:56am

Business & Finance

‘Country now buried under mountain of debt’

KARACHI: The Chairman of the FPCCI Advisory Board and National Business Group Pakistan, the President of Pakistan...

Published 05 Sep, 2024 07:03am

PQEPC exploring options to resolve its financial woes

ISLAMABAD: Port Qasim Electric Power Company Limited (PQEPC) has reportedly discussed debt restructuring, loan...

Updated 02 Sep, 2024 09:22am

Punjab govt’s debt soars

LAHORE: Punjab’s total government debt witnessed an increase of 2 percent (Rs 32.6 billion) compared to end-Mar...

Updated 01 Sep, 2024 09:36am

Public debt stands at Rs71.2trn, Aurangzeb tells NA

ISLAMABAD: Federal Minister for Finance and Revenue Muhammad Aurangzeb, on Friday, revealed in the National Assembly...

Updated 31 Aug, 2024 03:34pm

Opinion

Digitization key to revenue growth

Pakistan has been facing the perpetual challenge of expanding its tax base without any tangible results, a situation...

Published 30 Aug, 2024 07:19am

Business & Finance

Moody’s lifts rating on reduced default risk

ISLAMABAD: Moody’s Ratings (Moody’s) on Wednesday upgraded the government of Pakistan’s local and foreign...

Published 29 Aug, 2024 07:46am

Editorials

The external financial commitments

EDITORIAL: Governor State Bank of Pakistan Jameel Ahmad, in an interview with a foreign news agency, stated that...

Updated 29 Aug, 2024 10:37am

$8bn CPEC debt re-profiling plan being prepared

Power Division will ensure sharing all necessary information with Task Force, which will report to the Steering Committee co-chaired by Minister for Finance and Revenue and Minister for Power

Updated 28 Aug, 2024 05:58pm

Business & Finance

July C/A deficit falls 78pc YoY on remittances

KARACHI: The country’s current account fell sharply, ie, 78 percent during the first month of this fiscal year...

Published 20 Aug, 2024 06:55am

Business & Finance

External debt-to-GDP ratio hits 6-year low

KARACHI: Pakistan’s external debt to GDP ratio fell to 6 years low, ie, 26 percent at the end of the last fiscal...

Updated 16 Aug, 2024 03:15pm

July-March: govt signs $2.166bn loan commitments

ISLAMABAD: The Government of Pakistan signed new agreements worth $2.166 billion as commitments in the period...

Updated 13 Aug, 2024 02:02pm

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

Interest worth SDR 2.815bn paid to IMF since 1984

ISLAMABAD: Pakistan has paid interest amounting SDR 2.815 billion to International Monetary Fund (IMF) since 1984....

Updated 02 Aug, 2024 09:07am

Opinion

Challenging gross financing requirements

Pakistan is about to enter into an Extended Fund Facility (EFF) programme with the International Monetary Fund...

Updated 02 Aug, 2024 06:17am

Business & Finance

S&P Global keeps rating at ‘CCC+’, citing reliance on foreign aid

ISLAMABAD: The Standard and Poor (S&P Global Ratings) affirmed its “CCC+” long-term sovereign credit rating...

Published 31 Jul, 2024 06:40am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 27	277.70
USD PKR Interbank Buying / Sep 27	277.50
USD to Japanese Yen / Sep 27	146.23
USD to Swiss Franc / Sep 27	0.85
Pound Sterling to USD / Sep 27	1.34
Euro to USD / Sep 27	1.12

Stock	Volume
S&P 500 / Sep 26	5,745.37
Nasdaq / Sep 26	18,190.29
Dow Jones / Sep 26	42,175.11
India Sensex / Sep 27	20,442.15
Tokyo Nikkei / Sep 27	39,614.82
Hang Seng / Sep 27	85,767.42
FTSE 100 / Sep 27	8,311.16
Germany DAX 30 / Sep 27	19,330.79

Item	Value
Karachi Cotton PKR/37.32 KG / Sep 26	17,735
Crude Oil USD/Barrel / Sep 27	67.47
Gold 10 Grams PKR / Sep 27	237,226
Gold Spot USD/Ounce / Sep 27	2,665.83
Cotton US¢/pound / Sep 27	73.60
Petrol/Litre / Sep 28	249.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Sep 28 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Sep 28 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Sep 28 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Sep 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Sep 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Sep 28 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Sep 28 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Sep 28 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Sep 28 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Sep 28 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Sep 28 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Sep 28 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Sep 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Sep 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Sep 28 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Sep 28 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Sep 28 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Sep 28 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Sep 28 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Sep 28 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Sep 28 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Sep 28 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Sep 28 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Sep 28 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Sep 28 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Sep 28 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Sep 28 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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