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 / 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
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

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

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