Trends - Dr Hafeez Pasha - Business Recorder

Dr Hafeez Pasha

Senior economist says a ‘maxi budget’ will be unavoidable

ISLAMABAD: With conventional foreign financing lines largely dry off and expecting a massive shortfall in revenue,...

Updated 30 Sep, 2024 08:57am

Business & Finance

PBS inflation rates understated, says economist

ISLAMABAD: “Consumer price index (CPI) and sensitive prices index (SPI) based inflation rates computed by the...

Updated 20 Mar, 2024 11:57am

Business & Finance

Senior economist says current economic challenges can be effectively addressed

LAHORE: Former Federal Finance Minister Dr Hafeez Pasha asserted that despite enduring challenging economic...

Published 19 Mar, 2024 04:53am

‘Right people’ will take appropriate economic decisions: Pasha

ISLAMABAD: Matters are now in the hands of the right people and they will take appropriate economic decisions. This...

Updated 13 Feb, 2024 09:43pm

‘Country is not getting new inflows from abroad’

ISLAMABAD: Pakistan’s Gross Domestic Product (GDP) has been estimated at 2.17 percent for the first quarter of the...

Updated 11 Dec, 2023 09:09am

Economist terms energy sector ‘black hole’

ISLAMABAD: Dr Hafeez Pasha, former finance minister, Wednesday, while identifying key areas which undermine human...

Updated 23 Nov, 2023 08:45am

Financial account not positive enough to cancel out rise in CAD: economist

ISLAMABAD: Pakistan’s financial account has not been positive enough to cancel out the increase in current account...

Updated 18 Sep, 2023 09:24am

Markets

Open-market: rupee weakens marginally against US dollar

The rupee’s appreciation run in the open market came to a stop as the Pakistani currency inched lower against the US...

Updated 13 Sep, 2023 05:19pm

Artificial appreciation of PKR to encourage imports: Pasha

ISLAMABAD: “The crackdown on illegal exchange dealers and envisaged investment inflows from friendly countries has...

Updated 13 Sep, 2023 10:58am

Policy rate hike part of IMF agreement: Pasha

Pakistan still does not feature on the IMF Executive Board calendar, but it could be added in the event that the ninth review is declared a success

Updated 27 Jun, 2023 11:43am

Expert speaks about PKR’s real effective exchange rate

ISLAMABAD: Pakistan Real Effective Exchange Rate (REER) could have been Rs322 by the end of June 2023 as most...

Updated 26 Jun, 2023 09:15am

PBS statement full of mistakes: economist

ISLAMABAD: Realistic projections for the current year indicate that GDP growth will be negative 4 percent against...

Updated 29 May, 2023 08:55am

Rating downgrades may have added to IMF’s concerns: Pasha

ISLAMABAD: For successful completion of the 9th review under the International Monetary Fund’s Extended Fund...

Updated 01 Apr, 2023 08:48am

Business & Finance

Economist sees GDP growth in negative arena

ISLAMABAD: All economic indications of the first six months of the current year suggest that Pakistan’s GDP growth...

Published 13 Jan, 2023 07:07am

Interbank, open market exchange rates: Uncertainty, USD smuggling widening the gap: experts

ISLAMABAD: Economists have attributed the widening gap between interbank and open market exchange rate to the...

Updated 28 Dec, 2022 11:12am

Revenue shortfall necessitates steps agreed with IMF?

ISLAMABAD: Contingency tax measures as agreed with the International Monetary Fund under seventh and eighth reviews...

Updated 14 Dec, 2022 09:51am

Economists list factors behind pressure on PKR

ISLAMABAD: Smuggling of the dollar, increase in trade deficit, non-materialization of funds from friendly countries...

Updated 15 Sep, 2022 09:59am

Pakistan

Pasha lauds MPC’s decision to maintain policy rate

ISLAMABAD: Former finance minister Dr Hafeez Pasha has stated that Monetary Policy Committee’s decision to ...

Published 24 Aug, 2022 05:08am

‘Falling forex reserves, growing political instability detrimental to economy’

ISLAMABAD: Pakistan’s economy faces serious challenges due to fast decreasing foreign exchange reserves and...

Updated 24 Jul, 2022 02:57pm

Growth unlikely to exceed 3pc mark in FY23: economist

ISLAMABAD: Pakistan’s GDP growth is unlikely to cross 3 percent in the next fiscal year (2022-23) due to...

Updated 03 Jun, 2022 09:46am

Govt urged to restart talks to put IMF’s EFF back on track

ISLAMABAD: The government should immediately initiate discussions with the International Monetary Fund (IMF) to put...

Updated 16 Apr, 2022 10:44am

Pasha describes C/A deficit as ‘major’ challenge for new govt

ISLAMABAD: Current account deficit would be a major challenge for Pakistan Muslim League (N) led coalition ...

Updated 14 Apr, 2022 10:20am

Business & Finance

PM’s relief package, political uncertainty: Talks with IMF may continue to linger: Pasha

ISLAMABAD: Pakistan and International Monetary Fund (IMF) talks on seventh review under the Extended Fund Facility...

Updated 25 Mar, 2022 02:23pm

Editorials

Unfair criticism?

EDITORIAL: State Bank of Pakistan (SBP) and Ministry of Finance (MoF) are becoming too sensitive to critical...

Published 04 Mar, 2022 04:37am

Fiscal, Monetary Policy Coordination Board: Pasha opposes withdrawal

ISLAMABAD: Former finance minister Dr Hafeez Pasha has said that withdrawal of Fiscal and Monetary Policy...

Updated 08 Feb, 2022 10:00am

‘Thorough surgery’ of economy required: economists

LAHORE: Renowned economists at a session on “State of the Economy: Inequality in Income and Wealth in Pakistan”...

Updated 22 Nov, 2021 09:52am

Pakistan

FY20 growth rate understated by 1.5pc, says Pasha

ISLAMABAD: The government has understated the growth rate by 1.5 percent for fiscal year 2019-20, which enabled them...

Published 25 May, 2021 04:40am

Opinion

Unmasking the ‘Mafias’

Lately the so-called ‘Mafias’ are being increasingly blamed for almost all the ills that the national economy is...

Published 28 Apr, 2021 03:18am

Sanchez tells ‘Paisa Bolta Hai’: IMF projections contingent on implementation of policies

ISLAMABAD: Adjust-ment in sequencing of the reform process under the International Monetary Fund’s (IMF) Extended...

Published 26 Apr, 2021 03:29am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Petrol/Litre / Dec 21	252.10
Karachi Cotton PKR/37.32 KG / Dec 21	17,585

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

Markets →

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Dr Hafeez Pasha

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