Trends - Economic Affairs Division

Economic Affairs Division

Earn instead of resorting to borrow

Recently, the National Assembly Standing Committee on Finance was informed that Pakistan needs $18.8 billion,...

Published 29 Oct, 2024 03:27am

PSDP 2024-25: Ministries’ Rs2.9trn request pruned to Rs1.1trn

Minister for Planning Ahsan Iqbal directs Economic Affairs Division to come up with a realistic demand of budget in consultation with respective ministries/divisions

Updated 25 Oct, 2024 03:18pm

Business & Finance

July-August: $714.74m borrowed from multiple sources

ISLAMABAD: The country borrowed $714.74 million from multiple financing sources during the first two months...

Updated 26 Sep, 2024 09:21am

Foreign-funded projects: EAD seeks Rs196bn more to cover rupee deficit

ISLAMABAD: The Economic Affairs Division has demanded additional Rs196 billion ($664 million) to address rupee cover...

Updated 19 Sep, 2024 09:04am

Business & Finance

EAD inks loan agreement with Exim Bank of South Korea

ISLAMABAD: Federal Minister for Communications Abdul Aleem Khan said that Pakistan would obtain $20.635 billion loan...

Published 05 Sep, 2024 07:05am

Govt received 0.8pc of budgeted non-project aid in July: EAD

ISLAMABAD: The government received 0.8 percent of the total budgeted non-project (budget support) assistance by...

Updated 28 Aug, 2024 02:55pm

Perspectives

Fault lies within: to fix the economy, look inward

There weren’t much high hopes when Finance Minister Mohammed Aurangzeb started delivering his budget speech on June...

Published 17 Jul, 2024 10:43pm

Complaints about different projects: ADB decides to dispatch mission

Accountability Mission to visit Pakistan in September

Updated 15 Jul, 2024 04:14pm

Private sector’s participation in privatisation of Discos: World Bank agrees to extend financial support under NLTA

ISLAMABAD: The World Bank (WB) has agreed to extend financial support to the government to facilitate private sector...

Updated 08 Jul, 2024 09:20am

Opinion

Fixing fiscal imbalances

Though Pakistan’s fiscal imbalances have been persisting since its inception, yet no serious efforts are yet in ...

Updated 21 Jun, 2024 07:26am

Business & Finance

Jul-Mar borrowing stands at $6.899bn

ISLAMABAD: The country borrowed $6.899 billion from multiple financing sources during the first nine months...

Updated 24 Apr, 2024 09:00am

ADB approves $250m for two power transmission projects

ISLAMABAD: Asian Development Bank (ABD) is to extend financing of $ 250 million for two power sector transmission...

Updated 19 Mar, 2024 09:20am

EAD explains how borrowing can be productive

Pakistan signs new agreements worth $642 million as commitments

Updated 07 Mar, 2024 09:53am

Foreign-funded projects: EAD seeks budget/revised estimates

Economic Affairs Division holds meeting to review hydropower and transmission line projects which are reportedly facing rupee cover issues

Updated 22 Feb, 2024 09:54am

Transmission line: Govt seeks 13-month extension of World Bank loan closing date

ISLAMABAD: The government has sought a 13-month extension in the closing date of the World Bank loan to continue the...

Updated 01 Feb, 2024 09:21am

Editorials

Water: even big dams won’t be of much help

EDITORIAL: It seems no amount or manner of serious warnings can jolt relevant authorities into treating the...

Published 13 Jan, 2024 05:38am

Multiple financing sources: Jul-Oct borrowing down $0.408m to $3.847bn YoY: EAD

ISLAMABAD: The country borrowed $3.847 billion from multiple financing sources during the first four months...

Updated 18 Nov, 2023 10:08am

Editorials

Rational water pricing mechanism

EDITORIAL: The Special Investment Facilitation Council’s (SIFC’s) direction to the water resource ministry to...

Published 04 Nov, 2023 06:00am

Q1FY24: $3.527bn borrowed from multiple financing sources

Economic Affairs Division data shows the country received $320.92 million in September 2023

Updated 14 Oct, 2023 05:16pm

Business & Finance

Jul-Aug period: Borrowing from multiple financing sources stands at $3.206bn

ISLAMABAD: The country borrowed $3.206 billion from multiple financing sources during the first two months...

Updated 27 Sep, 2023 10:31am

Business & Finance

Country receives $4.4bn from WB, ADB in FY2022-23

ISLAMABAD: Pakistan received $ 4.4 billion from the World Bank and Asian Development Bank (ADB) in the fiscal year...

Published 28 Jul, 2023 03:02am

Fiscal year 2022-23: Govt borrows $10.84bn from multiple sources

Economic Affairs Division data shows that country borrowed $2.206 billion from foreign commercial banks during the fiscal year 2022-23

Updated 22 Jul, 2023 11:58am

July-May: Govt borrows $8.613bn from multiple sources

ISLAMABAD: The government has borrowed $8.613 billion from multiple financing sources including $900 million from...

Updated 21 Jun, 2023 08:58am

$7bn Chinese, Saudi deposits: Rs402bn paid as cost of rollovers

Economic Affairs Division, sources say, requested ECC to accord approval for provision of Technical Supplementary Grant

Updated 14 Jun, 2023 10:23am

Pakistan

Sherry optimistic of IPSG assistant in ‘securing commitments’ for projects

ISLAMABAD: Minister for Climate Change Sherry Rehman, Thursday, expressed hope that International Partners Support...

Published 26 May, 2023 06:48am

Geneva climate moot: There’s ‘full clarity’ about $10.9bn foreign aid pledges: minister

ISLAMABAD: The Ministry of Economic Affairs on Thursday announced that there is now almost complete clarity...

Updated 26 May, 2023 08:44am

Business & Finance

Jul-Dec: Govt inks $3.9bn new loan agreements

ISLAMABAD: The government has signed new loan agreements worth $3.904 billion with development partners during the...

Published 10 May, 2023 06:03am

Jul-Mar 2022-23: Govt borrowing declines 39.18pc to $7.76bn YoY

Economic Affairs Division data shows that the country has not received foreign assistance from China for the sixth consecutive month in March

Updated 20 Apr, 2023 01:10pm

Closing dates of two CASA-1000 financial agreements extended

ISLAMABAD: The International Development Association has extended closing dates of two financing agreements of...

Updated 10 Apr, 2023 08:31am

Pakistan

Pakistan signs $240mn loan agreement with Saudi Fund for Development for KP dam

Mohmand Multipurpose Dam Project will enhance water and food security, and improve the standard of living for people living in the Khyber Pakhtunkhwa province: SFD

Updated 07 Apr, 2023 05:56pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 30	277.85
USD PKR Interbank Buying / Oct 30	277.65
USD to Japanese Yen / Oct 30	153.33
USD to Swiss Franc / Oct 30	0.87
Pound Sterling to USD / Oct 30	1.30
Euro to USD / Oct 30	1.08

Stock	Volume
S&P 500 / Oct 29	5,823.92
Nasdaq / Oct 29	18,712.75
Dow Jones / Oct 29	42,233.05
India Sensex / Oct 30	80,261.31
Tokyo Nikkei / Oct 30	39,277.39
Hang Seng / Oct 30	20,369.49
FTSE 100 / Oct 30	8,198.17
Germany DAX 30 / Oct 30	19,360.95

Item	Value
Karachi Cotton PKR/37.32 KG / Oct 29	18,085
Gold 10 Grams PKR / Oct 29	244,342
Crude Oil USD/Barrel / Oct 30	67.79
Gold Spot USD/Ounce / Oct 30	2,787.26
Cotton US¢/pound / Oct 30	70.63
Petrol/Litre / Oct 31	247.03

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Oct 31 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 31 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Oct 31 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 31 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 31 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 31 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 31 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Oct 31 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 31 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 31 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 31 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Oct 31 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 31 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 31 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Oct 31 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Oct 31 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Oct 31 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Oct 31 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Oct 31 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Oct 31 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Oct 31 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Oct 31 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Oct 31 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Oct 31 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Oct 31 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Oct 31 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Oct 31 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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Budget 2024-25: income tax calculator for FY25

Economic Affairs Division

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