Trends - GDP growth rate - Business Recorder

GDP growth rate

IMF trims growth projection to 3pc

ISLAMABAD: The International Monetary Fund (IMF) has revised downward GDP growth rate projection for Pakistan to...

Published 18 Jan, 2025 05:45am

Editorials

‘Uraan Pakistan’ – time to act

EDITORIAL: The government’s five-year economic transformation plan, ‘Uraan Pakistan’, unveiled at the cusp of...

Updated 04 Jan, 2025 08:18am

Opinion

Prospects for 2025

The year 2025 will come after a year which has witnessed both positive and negative trends. The GDP growth rate has...

Updated 31 Dec, 2024 07:02am

Business & Finance

Q1FY25: NAC approves 0.92pc growth rate

ISLAMABAD: The National Accounts Committee (NAC) has approved growth rate of 0.92 percent for 1st quarter of fiscal...

Published 31 Dec, 2024 06:32am

Positive GDP growth rate unlikely?

Dr Hafeez Pasha says this is due to negative growth in the large-scale manufacturing industries and a decline in major agriculture crops

Updated 23 Dec, 2024 10:51am

‘Economic resurgence’: govt spells out its achievements

ISLAMABAD: Minister for Petroleum Musadik Masood Malik on Thursday said Pakistan was heading towards the right...

Updated 08 Nov, 2024 09:38am

Editorials

Projected growth rate by IMF

EDITORIAL: The International Monetary Fund (IMF) has projected a growth rate for Pakistan of 3.2 percent identical...

Updated 24 Oct, 2024 08:16am

IMF projects 3.2pc growth

The Fund projects inflation rate at 9.5 percent for 2025

Updated 23 Oct, 2024 09:28am

Agriculture posts 6.76pc growth in Q4FY24: NAC

Pakistan’s economy posts a stable growth of 3.07 percent during the fourth quarter of financial year 2023-24

Updated 01 Oct, 2024 09:30am

Business & Finance

ADB maintains GDP growth rate at 2.8pc

ISLAMABAD: The Asian Development Bank (ADB) maintained GDP growth projection for Pakistan at 2.8 percent and...

Published 26 Sep, 2024 06:48am

Opinion

Middle class is in deep recession

What good is a 3.2 percent GDP growth rate next year and inflation dropping below 10 percent in FY25 to someone...

Updated 15 Aug, 2024 06:52am

Opinion

Budgetary outcome in 2023-24

The statistics on the outcome of fiscal operations by the federal and provincial governments in 2023-24 were ...

Updated 13 Aug, 2024 07:40am

Opinion

Outlook for 2024-25

The last week’s article on outlook for 2024-25 by this writer in Business Recorder had focused on the projections...

Updated 16 Jul, 2024 07:52am

Business & Finance

World Bank cuts Myanmar’s growth forecast to 1% as conflict worsens

Economic growth in conflict-torn Myanmar will be around 1% for the 2024-2025 fiscal year, the World Bank said on...

Published 12 Jun, 2024 10:19am

Business & Finance

World Bank projects 2.3pc GDP growth rate

ISLAMABAD: The World Bank (WB) has projected Pakistan’s GDP growth rate at 2.3 percent for the fiscal year 2024-25...

Updated 12 Jun, 2024 08:47am

Editorials

State of the economy

EDITORIAL: The Monthly Economic Update and Outlook for May 2024 was uploaded on the Finance Division website on 29...

Updated 31 May, 2024 07:26am

Opinion

Persistent decline of manufacturing sector

The latest monthly data for February 2024 on the Quantum Index of Manufacturing (QIM) has been released recently by...

Published 23 Apr, 2024 03:41am

BR Research

Barefoot on the edge of precipice

If there is one economic indicator that would single-handedly be responsible for turning GDP growth negative during...

Published 23 Feb, 2024 09:17am

Opinion

Targets in the PML-N manifesto

The manifesto of the Pakistan Muslim League-Nawaz (PML-N) contains a set of key macroeconomic targets from 2023-24 ...

Published 20 Feb, 2024 03:09am

Markets

Pakistan economy to grow by 2-2.5% this year, says Dr Shamshad

Agriculture sector expected to grow by 5.6%, says caretaker minister

Updated 20 Jan, 2024 08:00pm

Opinion

IMF projections

The good news is that the IMF Executive Board has completed the First Review of the Stand-By Arrangement for ...

Updated 16 Jan, 2024 06:12am

Pakistan

‘High external funding risks’: Fitch maintains Pakistan’s rating at CCC

Notes there are risks pertaining to policy implementation as parties across the political spectrum have extensive record of failing to implement or reversing reforms agreed with the IMF

Updated 13 Dec, 2023 05:56pm

Business & Finance

Goldman Sachs, J.P.Morgan cut UK’s 2023 growth forecast to 0.5%

Goldman Sachs and J.P.Morgan on Wednesday lowered their forecast for Britain’s annual economic growth to 0.5%, as...

Published 13 Dec, 2023 02:47pm

Opinion

Mixed economic trends

The first five months of 2023-24 have witnessed upturns and downturns both globally and within Pakistan. There was...

Published 12 Dec, 2023 05:28am

Opinion

No more doing business as usual—VI

Dwelling on the bigger picture; the foremost need of South-North Pipeline timing needs revisiting knowing that our...

Updated 14 Oct, 2023 06:11am

Markets

Japan’s Q2 GDP beats forecasts as exports zoom

TOKYO: Japan’s economy grew much faster than expected in April-June, as brisk auto exports and tourist arrivals...

Published 15 Aug, 2023 10:05am

Opinion

Mixed start of FY2023-24

The current financial year, 2023-24, started on a very positive note. The talks with the IMF (International Monetary...

Published 15 Aug, 2023 06:49am

Opinion

IMF’s SBF

The IMF Stand-By Facility (SBF) of $3 billion has been in operation for two weeks now. Already, there is a big...

Published 01 Aug, 2023 06:19am

Opinion

Trend in key fiscal ratios

The consistent series of the GDP with one year, 2015-16, has been estimated and released by the PBS from 1999-2000...

Published 27 Jun, 2023 06:15am

Opinion

The economy in FY2023-24

The economic prospects for Pakistan in 2023-24 have been presented in the Annual Plan prepared by the Planning...

Published 13 Jun, 2023 06:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 17	278.75
USD PKR Interbank Buying / Jan 17	278.65
USD to Japanese Yen / Jan 17	156.30
USD to Swiss Franc / Jan 17	0.92
Pound Sterling to USD / Jan 17	1.22
Euro to USD / Jan 17	1.03

Stock	Volume
S&P 500 / Jan 17	5,996.66
India Sensex / Jan 17	76,619.33
Tokyo Nikkei / Jan 17	38,451.46
Nasdaq / Jan 17	19,630.20
Hang Seng / Jan 17	19,584.06
FTSE 100 / Jan 17	8,505.22
Dow Jones / Jan 17	43,487.83
Germany DAX 30 / Jan 17	20,903.39

Item	Value
Crude Oil USD/Barrel / Jan 17	78.88
Karachi Cotton PKR/37.32 KG / Jan 17	18,785
Gold 10 Grams PKR / Jan 17	242,283
Gold Spot USD/Ounce / Jan 17	2,703.25
Cotton US¢/pound / Jan 17	67.60
Petrol/Litre / Jan 18	256.13

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 17 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	7.60 ▲ 1.00 (15.15%)
S.G.Power / Jan 17 S.G. Power Limited(SGPL)	9.51 ▲ 1.00 (11.75%)
Jahangir Sidd(Pref) / Jan 17 Jahangir Sidd(Pref)(JSCLPSA)	10.50 ▲ 1.00 (10.53%)
AN Textile Mill / Jan 17 AN Textile Mills Limited(ANTM)	12.82 ▲ 1.17 (10.04%)
Jah.Sidd. Co. / Jan 17 Jahangir Siddiqui & Co. Ltd.(JSCL)	23.62 ▲ 2.15 (10.01%)
Agritech Non-voting / Jan 17 Agritech Non-Voting Preference(AGLNCPS)	24.20 ▲ 2.20 (10.00%)
Arif Habib Ltd. / Jan 17 Arif Habib Limited(AHL)	66.21 ▲ 6.02 (10.00%)
Bilal Fibres / Jan 17 Bilal Fibres Limited(BILF)	15.95 ▲ 1.45 (10.00%)
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	77.09 ▲ 7.01 (10.00%)

Stock	Price
JS Global Banking / Jan 17 JS Global Banking Sector (ETF)(JSGBETF)	19.77 ▼ -2.75 (-12.21%)
First Capital Equities / Jan 17 First Capital Equities Limited(FCEL)	5.35 ▼ -0.72 (-11.86%)
Tariq Corp.Pref. / Jan 17 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7 ▼ -0.88 (-11.17%)
Service Textile / Jan 17 Service Industries Textiles Limited(SERT)	14.98 ▼ -1.66 (-9.98%)
Gulshan Sp. / Jan 17 Gulshan Spinning Mills Limited(GSPM)	4.01 ▼ -0.43 (-9.68%)
Zahid Jee Textile / Jan 17 Zahidjee Textile Mills Limited(ZAHID)	27.51 ▼ -2.70 (-8.94%)
Mandviwala / Jan 17 Mandviwala Mauser Plastic Industries(MWMP)	21.50 ▼ -2.00 (-8.51%)
Universal Ins. / Jan 17 The Universal Insurance Company Limited(UVIC)	9.23 ▼ -0.65 (-6.58%)
Tata Textile / Jan 17 Tata Textile Mills Limited(TATM)	47.10 ▼ -2.80 (-5.61%)

Stock	Volume
WorldCall Telecom / Jan 17 Worldcall Telecom Limited(WTL)	103,704,415 ▲ 0.01
Cnergyico PK / Jan 17 Cnergyico PK Limited(CNERGY)	37,108,232 ▲ 0.04
Hub Power Co. / Jan 17 The Hub Power Company Limited(HUBC)	36,743,585 ▲ 5.79
Hascol Petrol / Jan 17 Hascol Petroleum Limited(HASCOL)	32,265,861 ▲ 0.83
Dewan Motors / Jan 17 Dewan Farooque Motors Limited(DFML)	28,402,498 ▲ 2.84
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	24,195,904 ▲ 7.01
Pak Refinery / Jan 17 Pakistan Refinery Limited(PRL)	17,625,081 ▲ 0.94
Fauji Foods Ltd / Jan 17 Fauji Foods Limited(FFL)	16,675,539 ▲ 0.30
K-Electric Ltd. / Jan 17 K-Electric Limited(KEL)	16,024,776 ▲ 0.09

Markets →

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GDP growth rate

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