Trade deficit EDITORIAL: Pakistan Bureau of Statistics (PBS) trade data for July-October 2023 notes an improvement in the balance... Published 03 Nov, 2023 06:11am
Business & Finance Automakers in Pakistan announce temporary shutdowns as economic woes bite Pak Suzuki Motor Company announces another shutdown of automobile plants Agriauto Industries says it will observe a partial shutdown Updated 01 Nov, 2023 04:35pm
Print Govt appears confident ahead of SBA talks Pakistan and IMF will begin crucial discussions on first review of US$3 billion Stand-by-Arrangement from Thursday Updated 01 Nov, 2023 09:59am
Print PM optimistic about SBA tranche prospects LAHORE: Caretaker Prime Minister Anwaar-ul-Haq Kakar said on Tuesday that negotiations with the International... Updated 01 Nov, 2023 09:01am
Print Higher markup payments will continue to pose big challenges: MoF ISLAMABAD: The higher markup payments, on the expenditure side, will continue to pose significant challenges for... Updated 01 Nov, 2023 09:59am
Pakistan Ministry of Finance projects inflation at 27%-29% for October Consumer Price Index (CPI)-based inflation in Pakistan for October has been projected at 27%-29%, the finance... Updated 31 Oct, 2023 10:40pm
Pakistan Punjab unveils Rs2trn budget for four months LAHORE: The caretaker Punjab government on Monday presented Rs 2076.2 billion four-month (November, December 2023... Updated 31 Oct, 2023 09:31am
Print Federal institutions: Rs80bn set aside for debt repayment LAHORE: In the Punjab’s budget for the next four months, out of the estimated budget of Rs 2076.2 billion, an amount... Updated 31 Oct, 2023 09:14am
Print World Bank projects 1.7pc growth rate ISLAMABAD: The World Bank has projected positive growth return for Pakistan in fiscal year 2023-24, but at a rate of... Updated 31 Oct, 2023 09:15am
Business & Finance Policy rate kept unchanged on inflation, C/A KARACHI: While maintaining the policy rate at 22 percent, the Monetary Policy Committee (MPC) of the State Bank of... Published 31 Oct, 2023 05:26am
Business & Finance Lotte Chemical extends plant shutdown as lower demand persists Citing lower demand, Lotte Chemical Pakistan Limited (LOTCHEM) announced it will extend the shutdown of its plant... Updated 30 Oct, 2023 10:18pm
Pakistan Economic challenges highlighted ISLAMABAD: The two-day EconFest event concluded here on Sunday where experts and politicians discussed innovative... Updated 30 Oct, 2023 11:53am
Opinion Reliance on foreign loans Economic Affairs Division in its foreign economic assistance (FEA) data disclosed a 58 percent rise in foreign loan... Updated 30 Oct, 2023 05:51am
Opinion No more gas circular debt buildup? Gas price rationalization is a big reform undertaken by the caretaker government in view of the fact that in the ... Updated 30 Oct, 2023 06:01am
Business & Finance KPTMA seeks PM’s support to deal with challenges facing industry PESHAWAR: In a resolute and impassioned plea, KP Textile Mills Association (KPTMA) Chairman, Muhammad Kamran Shah ... Published 30 Oct, 2023 05:24am
Print Gas tariff hike won’t affect 57pc consumers: govt Minister for Energy Muhammad Ali says increase in gas tariffs will help control and end the ever-increasing circular debt of petroleum sector Updated 27 Oct, 2023 11:30am
Print IMF staff-level talks to start from Nov 2 ISLAMABAD: Ministry of Finance (MoF) has finalised its directions on negotiations related to the on-going IMF... Updated 27 Oct, 2023 08:48am
Print 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
Print Gas/RLNG pricing reforms: APTMA hails ECC decision ISLAMABAD: The All Pakistan Textile Mills Association (APTMA) wholeheartedly welcomes the Economic Coordination... Updated 26 Oct, 2023 09:50am
Business & Finance Foreign investors: Q1 profit repatriation up 267pc to $213m YoY KARACHI: Repatriation of profit and dividends by foreign investors posted a healthy growth of 267 percent during the... Published 26 Oct, 2023 06:08am
Pakistan July-Sept: profit repatriation from Pakistan rises massively by 266% YoY Stands at $212.9mn during three-month period Updated 25 Oct, 2023 10:46pm
Print IMF team to visit country on Nov 2 KARACHI: An International Monetary Fund (IMF) mission will visit Pakistan on Nov. 2 to discuss the first review of... Updated 25 Oct, 2023 08:41am
Business & Finance Pak Suzuki announces yet another shutdown of automobile, motorcycle plants Pak Suzuki Motor Company (PSMC) announced on Tuesday another temporary shutdown of its automobile and motorcycle... Updated 24 Oct, 2023 05:30pm
Print Cut in oil prices: PM expects a visible trickle-down effect ISLAMABAD: Caretaker Prime Minister Anwar-ul-Haq Kakar has directed to ensure that the benefits of 12.38 percent... Updated 24 Oct, 2023 09:11am
Print Govt braces itself for first review of SBA All ministries/ divisions and entities share required data with the Finance Division for onward submission to the IMF, before the first review formally starts Updated 24 Oct, 2023 10:03am
Business & Finance SBP projects 2-3pc real growth KARACHI: Pakistan’s economic situation has presented early signs of improvement in the initial months of this... Published 24 Oct, 2023 05:05am
Markets Expert explains how hike in power tariffs hurting people KARACHI: Extraordinary increase in the electricity charges has become a menace for the common man and industry, ... Published 23 Oct, 2023 05:58am
Opinion Economy: performance of the caretakers Continued deterioration of key macroeconomic statistics pertaining to the general state of the economy as well as to... Published 23 Oct, 2023 05:58am
Opinion Economy: performance of govts since Gen Musharraf’s bloodless coup Lately, economic performance under various regimes based on certain indicators is the current focus of debate in the... Published 23 Oct, 2023 05:58am
Editorials Equal sharing with provinces EDITORIAL: According to a Business Recorder exclusive, the caretaker federal government has directed all relevant... Published 23 Oct, 2023 05:58am