Trends - fiscal policy - Business Recorder

fiscal policy

MPS: Rate cut imminent

The monetary policy announcement is set for Monday, with markets anticipating a significant 150 basis points (bps)...

Published 25 Jul, 2024 08:19am

Opinion

PBS needs a makeover

Policymaking at all levels of government requires precise, timely and accurate statistics to achieve various targets...

Published 05 Feb, 2024 06:08am

Business & Finance

Speakers underscore need for abolishing distinction between filer and non-filer

ISLAMABAD: The speakers at the Pakistan Institute of Development Economics (PIDE) conference on Sunday said that the...

Published 11 Sep, 2023 07:21am

Opinion

Progressive fiscal policy

The Managing Director, Kristalina Georgieva, of the IMF (International Monetary Fund) has said recently in the...

Published 28 Feb, 2023 06:15am

Editorials

A contractionary fiscal policy

EDITORIAL: Addressing a business conference three days before his scheduled budget speech in parliament, Finance...

Published 09 Jun, 2022 06:18am

Editorials

Inaction is not an option

EDITORIAL: With the passage of time it is becoming increasingly clear that the strategy of the eleven plus ...

Published 17 May, 2022 05:39am

IMF projects decrease in gross debt

ISLAMABAD: The International Monetary Fund (IMF) has projected a decrease in the government gross debt for Pakistan...

Updated 21 Apr, 2022 10:02am

Pakistan

Rupee-dollar value can be stable with right economic direction: Ishaq Dar

Former finance minister, in interview with Aaj News, says letting the dollar 'free' has been the 'mother of all evils'

Updated 14 Apr, 2022 09:03am

BR Research

MPS: a contrarian bet?

SBP has kept the policy rate unchanged. Global commodity prices are in a super cycle. Fiscal policy is absorbing...

Updated 09 Mar, 2022 10:34am

Pakistan

Creating viable finance mechanisms: Baqir underscores need for reaching out to unserved areas of Balochistan, KP

ISLAMABAD: State Bank of Pakistan (SBP) Governor Reza Baqir said Wednesday that a viable mechanism should be chalked...

Updated 03 Mar, 2022 10:56am

Pakistan

Purpose of IMF programme is to promote macroeconomic stability in Pakistan: Ruiz

LAHORE: “The purpose of the IMF programme is to promote macro-economic stability in Pakistan. The fiscal policy ...

Published 09 Feb, 2022 05:46am

FY23: World Bank projects 4pc GDP growth rate for Pakistan

ISLAMABAD: The World Bank has projected Pakistan’s GDP growth rate at 4 percent for 2022-23, benefiting from...

Updated 12 Jan, 2022 10:27am

Opinion

We are mortgaged up to the hilt

It increasingly appears that the executive board of the International Monetary Fund (IMF) will take its decision on...

Published 09 Jan, 2022 07:05am

World

Japan policy blueprint focuses on green, digital, sticks to fiscal target for now

TOKYO: Japanese Prime Minister Yoshihide Suga plans to accelerate investment in green projects and digital...

Published 10 Jun, 2021 03:22am

World

Norway's economy to surpass pre-pandemic level this year: IMF

In the medium term, the size of the economy is now expected to be only slightly below its original trajectory as seen before the COVID-19 outbreak, it added.
"The strong policy response has helped the country to experience one of the lowest infection rates and among the smallest economic contractions in Europe," the IMF wrote.

Published 26 Apr, 2021 06:02pm

Markets

Dollar languishes near three-week lows as traders brace for inflation data

"A strong (CPI) print may re-invigorate inflation fears and lend support to the USD."

Published 13 Apr, 2021 10:50am

Pakistan

Ahsan tells NA body: Govt may announce budget or mini-budget through ordinance

ISLAMABAD: The National Assembly Standing Committee on Finance was informed, Wednesday, that there are serious...

Updated 08 Apr, 2021 09:11am

Opinion

State Bank Amendment Bill 2021: Exploring uncharted territory or murky waters

The Bill to amend the “State Bank of Pakistan Act 1956” is exceptionally dangerous for the economy and the...

Published 26 Mar, 2021 05:22am

World

China will keep economic operations within reasonable range

China will maintain its proactive fiscal policy and make monetary policy flexible and targeted, Xinhua cited a statement issued after the annual Central Economic Work Conference that was held from Dec 16 to 18.

Updated 18 Dec, 2020 07:03pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 31	279.03
USD PKR Interbank Buying / Jan 31	278.88
USD to Japanese Yen / Jan 31	155.19
USD to Swiss Franc / Jan 31	0.91
Pound Sterling to USD / Jan 31	1.24
Euro to USD / Jan 31	1.04

Stock	Volume
Hang Seng / Jan 30	20,225.11
S&P 500 / Jan 31	6,040.53
India Sensex / Jan 31	77,500.57
Tokyo Nikkei / Jan 31	39,572.49
Nasdaq / Jan 31	19,627.44
FTSE 100 / Jan 31	8,673.96
Dow Jones / Jan 31	44,544.66
Germany DAX 30 / Jan 31	21,732.05

Item	Value
Crude Oil USD/Barrel / Jan 31	72.53
Karachi Cotton PKR/37.32 KG / Jan 31	18,285
Gold 10 Grams PKR / Jan 31	250,171
Gold Spot USD/Ounce / Jan 31	2,798.41
Cotton US¢/pound / Jan 31	65.88
Petrol/Litre / Feb 2	256.13

Gainers
Losers
Leaders

Stock	Price
Kohinoor Ind. / Jan 31 Kohinoor Industries Limited(KOIL)	10.21 ▲ 1 (10.86%)
IGI Life Ins / Jan 31 IGI Life Insurance Limited(IGIL)	15.13 ▲ 1.38 (10.04%)
Sana Ind / Jan 31 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
Tariq Corporation / Jan 31 Tariq Corporation Limited(TCORP)	16.91 ▲ 1.54 (10.02%)
I.C.C. Ind. / Jan 31 ICC Industries Limited(ICCI)	15.72 ▲ 1.43 (10.01%)
Redco Textile / Jan 31 Redco Textiles Limited(REDCO)	24.17 ▲ 2.2 (10.01%)
Leather Up Ltd. / Jan 31 Leather Up Limited(LEUL)	53.74 ▲ 4.89 (10.01%)
Pak Leather / Jan 31 Pak Leather Crafts Limited(PAKL)	32.63 ▲ 2.97 (10.01%)
Dandot Cement / Jan 31 Dandot Cement Company Limited(DNCC)	16.48 ▲ 1.5 (10.01%)

Stock	Price
Blue-Ex Ltd / Jan 31 Blue-Ex Limited (GEM)(GEMBLUEX)	54.86 ▼ -6.1 (-10.01%)
D.M. Textile / Jan 31 D.M. Textile Mills Limited(DMTX)	63 ▼ -7 (-10%)
First Imrooz Mod. / Jan 31 First Imrooz Modaraba(FIMM)	189 ▼ -21 (-10%)
Power Cem(Pref) / Jan 31 Power Cement (Pref)(POWERPS)	10.41 ▼ -1.15 (-9.95%)
National Silk / Jan 31 The National Silk & Rayon Mills Limited(NSRM)	40.84 ▼ -4.51 (-9.94%)
Sec. Inv. Bank / Jan 31 Security Investment Bank Limited(SIBL)	7.83 ▼ -0.76 (-8.85%)
Shahtaj Sugar / Jan 31 Shahtaj Sugar Mills Limited(SHJS)	109.56 ▼ -10.44 (-8.7%)
Kohinoor Mills / Jan 31 Kohinoor Mills Limited(KML)	31.05 ▼ -2.9 (-8.54%)
F.Credit & Inv / Jan 31 First Credit and Investment Bank Limited(FCIBL)	7.28 ▼ -0.66 (-8.31%)

Stock	Volume
Cnergyico PK / Jan 31 Cnergyico PK Limited(CNERGY)	66,672,997 ▲ 0.14
Sui South Gas / Jan 31 Sui Southern Gas Company Limited(SSGC)	48,364,956 ▼ -1.33
WorldCall Telecom / Jan 31 Worldcall Telecom Limited(WTL)	36,344,486 ▼ -0.06
Waves Home Appliances / Jan 31 Waves Home Appliances Limited(WAVESAPP)	33,226,540 ▼ -0.77
Bank Makramah / Jan 31 Bank Makramah Limited(BML)	31,509,642 ▲ 0.04
B.O.Punjab / Jan 31 The Bank of Punjab(BOP)	17,873,860 ▲ 0.2
K-Electric Ltd. / Jan 31 K-Electric Limited(KEL)	16,969,744 ▼ -0.07
Pak Refinery / Jan 31 Pakistan Refinery Limited(PRL)	16,492,313 ▼ -0.57
Treet Battery / Jan 31 Treet Battery Limited(TBL)	15,390,342 ▲ 1.07

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