Trends - Finance Minister Muhammad Aurangzeb

Finance Minister Muhammad Aurangzeb

A culture of tax evasion

This is apropos a Business Recorder news item titled “Now revenue leakages come under govt focus” carried by the...

Published 10 Dec, 2024 07:01am

Markets

In meeting with IMF’s new representative, Aurangzeb reaffirms commitment to loan programme

Finance minister Muhammad Aurangzeb reiterated on Thursday Pakistan’s commitment to ensuring “smooth and successful”...

Updated 05 Dec, 2024 10:15pm

Markets

National Tax Council meets to discuss tax reforms, harmonisation

Meeting's agenda focuses on fostering collaboration between federal, provincial authorities to enhance tax systems, improve compliance, and boost revenue collection, Finance Division says

Updated 04 Dec, 2024 10:35pm

Markets

Govt to abolish category of non-filers, finance minister affirms

Aurangzeb says there will be transitional pain but structural reforms are needed to run the country in the right direction

Updated 26 Sep, 2024 10:33pm

Markets

Domestic borrowing: govt to borrow on its own terms, says Aurangzeb

Finance minister urges banking system to focus on lending to private sector

Updated 20 Sep, 2024 10:46pm

Business & Finance

Finance Minister Aurangzeb says private sector has to lead country

Pakistan’s Finance Minister Muhammad Aurangzeb on Monday said the government had no business being in business and...

Updated 09 Sep, 2024 11:24pm

Editorials

Still awaiting IMF board’s approval

EDITORIAL: Federal Finance Minister Muhammad Aurangzeb in a televised speech on Tuesday claimed yet again that the 7...

Published 05 Sep, 2024 06:19am

Pakistan

Aurangzeb engages with J.P. Morgan on investment opportunities in Pakistan

High-level huddle discusses interests of institutional investors exploring fixed-income investment opportunities in Pakistan

Updated 04 Sep, 2024 09:18pm

Markets

Categorisation of SOEs: SMEDA declared as essential, PNSC as strategic

TCP may be categorised as essential SOE under SOEs Policy 2023, Cabinet Committee on State-Owned Enterprises decides

Updated 02 Sep, 2024 10:36pm

Markets

Govt to introduce new incentives for foreign investors, Aurangzeb says

Finance minister expresses govt's commitment to creating an enabling environment for private sector investment

Published 29 Aug, 2024 10:20pm

Pakistan

Türkiye Ambassador pays farewell call on Aurangzeb

ISLAMABAD: Dr Mehmet Paçaci, the ambassador of the Republic of Türkiye, paid a farewell courtesy call on Federal...

Published 29 Aug, 2024 08:24am

Business & Finance

Merger, dissolution of 82 SOEs endorsed

ISLAMABAD: The federal cabinet, on Tuesday, took significant steps towards institutional reforms, focusing on...

Published 28 Aug, 2024 06:22am

Supplements

Standard Chartered: Message from the Finance Minister of the Islamic Republic of Pakistan Mr. Muhammad Aurangzeb

I am very pleased to congratulate Standard Chartered Bank Pakistan for its 160th anniversary in Pakistan. Over the...

Published 04 Jul, 2024 05:47am

Business & Finance

Prior actions for IMF programme largely complete, says Aurangzeb

IMF also wants work on some structural benchmarks like a tax-to-GDP ratio, power sector, FBR, and SOE reforms

Updated 01 Jul, 2024 11:42pm

Pakistan

Govt passes tax-laden budget ahead of talks on fresh IMF loan

Some amendments part of the final budget

Updated 28 Jun, 2024 11:57pm

Pakistan

Fitch Ratings says Pakistan’s ‘ambitious’ budget strengthens IMF deal prospects

Believes tight policy settings may depress growth more than the government expects, reduces growth forecast to 3% for FY25

Updated 19 Jun, 2024 10:06pm

Pakistan

Govt eyes revenue boost, expenditure cut to revive economy: Aurangzeb

Finance minister says federal government will shut down parallel ministries or departments devolved to provinces

Updated 19 Jun, 2024 08:53am

Pakistan

No sacred cows, no strategic SOEs, says Aurangzeb as he unveils Pakistan Economic Survey 2023-24

Pakistan missed its GDP growth target in outgoing fiscal year

Updated 11 Jun, 2024 11:48pm

Pakistan

Pakistan’s budget on Wednesday will aim to set stage for IMF bailout, say analysts

ISLAMABAD: Pakistan’s coalition government is expected to lay out ambitious fiscal targets in the 2024/2025...

Updated 10 Jun, 2024 07:16pm

Pakistan

Pakistan aims to agree outline of new IMF loan in May: Finance Minister

Bulk of Pakistan's bilateral debt is being rolled over, Aurangzeb says

Updated 19 Apr, 2024 10:30pm

Pakistan

Aurangzeb explains why Pakistan needs larger, longer IMF programme

Addressing Atlantic Council thinktank, finance minister says execution of structural reforms requires two to three years

Updated 16 Apr, 2024 06:50pm

Markets

KSE-100 sees resistance at 71,000, closes session in red

Index retreats after testing 71,000-point barrier

Updated 16 Apr, 2024 10:27pm

Pakistan

Pakistan and IMF discussing new multi-billion-dollar programme, finance minister says

Pakistan seeks at least a three-year programme with the IMF, says Aurangzeb

Updated 16 Apr, 2024 10:00pm

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 →

Budget 2024-25: income tax calculator for FY25

Finance Minister Muhammad Aurangzeb

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