Trends - IMF and Pakistan - Business Recorder

IMF and Pakistan

PM, Dar, others take stock of economic situation

ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday said the government would fulfil its current programme with...

Updated 15 Dec, 2022 09:55am

IMF wants to observe 3 more quarters, examine flood rehab plan: Dar

Fund also wants that Pakistan should demonstrate how it would meet the $16 billion demand for reconstruction and rehabilitation phase of floods

Updated 15 Dec, 2022 10:07am

Discussions productive: IMF official

ISLAMABAD: Discussions to date in the context of the ninth review under the Extended Fund Facility (EFF) have been...

Updated 14 Dec, 2022 09:50am

Revenue shortfall necessitates steps agreed with IMF?

ISLAMABAD: Contingency tax measures as agreed with the International Monetary Fund under seventh and eighth reviews...

Updated 14 Dec, 2022 09:51am

Editorials

The elusive ‘charter of economy’

EDITORIAL: Leading lights of the PML-N (Pakistan Muslim League-Nawaz), including Federal Finance Minister Ishaq Dar,...

Published 14 Dec, 2022 05:57am

Pakistan

IMF says discussions with Pakistan 'productive', looks forward to continuing dialogue

IMF review for the release of the next tranche of funding has been pending since September

Published 13 Dec, 2022 11:27pm

Pakistan

IMF shareholders deeply divided over Pakistan, other countries request to suspend loan surcharges

Executive board discussed surcharges it collects from mostly middle- and lower-income countries on larger loans that are not repaid quickly, but failed to agree to launch a formal review

Updated 13 Dec, 2022 06:09pm

PM rejects default speculations with much vehemence

Says government has taken much needed measures to save Pakistan from default

Updated 13 Dec, 2022 09:43am

Govt expects multibillion-dollar support from KSA

ISLAMABAD: Finance Minister Ishaq Dar said on Monday that total payable till June on account of external account is...

Updated 13 Dec, 2022 09:37am

Export-oriented sectors: All set for study on ‘concessionary’ RLNG

ISLAMABAD: The Directorate General Audit Petroleum and Natural Resources, an arm of Ministry of Energy (Petroleum...

Updated 13 Dec, 2022 09:44am

Opinion

PML-N versus PML-N

The markedly different perceptions of the state of the Pakistan economy today between PML-N’s stopgap finance...

Updated 12 Dec, 2022 06:40am

Opinion

Economy: this madness must end

As of last week, forex reserves held with the central bank declined to $6.7 billion. The International Monetary Fund...

Updated 12 Dec, 2022 06:44am

Markets

PKR registers minor appreciation

KARACHI: The rupee registered minor depreciation across all five sessions during the previous week to end with a...

Published 12 Dec, 2022 06:07am

Editorials

Economy: situation in need of genuine mediation

EDITORIAL: That the situation is getting more and more complicated and mysterious is a fact. With State Bank of...

Published 12 Dec, 2022 06:07am

Opinion

Contradictions in economic policy stance and a way forward

In its policy prescription, the International Monetary Fund (IMF) has been pushing Pakistan for adopting procyclical...

Updated 09 Dec, 2022 06:32am

Editorials

Now ‘elite capture’ must end

EDITORIAL: The date for the elections is under considerable debate with Pakistan Tehreek-e-Insaf (PTI), one of three...

Updated 09 Dec, 2022 06:40am

Editorials

Elections in June 2023?

EDITORIAL: In our disorderly national politics not everything is what meets the eye. The ruling PDM (Pakistan...

Updated 09 Dec, 2022 06:42am

Business & Finance

World Bank puts country’s external debt stock by end-2021 at $130.433bn

ISLAMABAD: The World Bank has estimated Pakistan’s total external debt stocks at $130.433 billion by end-2021...

Published 07 Dec, 2022 07:01am

IMF programme: Govt remains committed, Dar tells Nong

Finance minister says negotiations for ninth review are at an advanced state

Updated 07 Dec, 2022 09:53am

‘Funding’ major challenge to achieve SDGs, says Aisha Pasha

ISLAMABAD: Minister of State for Finance Dr Aisha Ghaus Pasha has said that funding is a major challenge in ...

Updated 07 Dec, 2022 09:49am

Pakistan

Finance Division dismisses rumours over supposed economic emergency proposals

Says negotiations leading to the 9th review of IMF programme now at an advanced stage

Published 06 Dec, 2022 09:42pm

Opinion

Is default in prospect?

The economy is closing in external payment ‘implied default’ situation. This means that with SBP’s (State Bank of...

Published 05 Dec, 2022 06:13am

Opinion

Inflation: the fault is in ourselves

Inflation has reached politically untenable levels in the ongoing year, considerably higher than the high rates...

Published 05 Dec, 2022 06:09am

Editorials

IMF programme: a shabby muddle

EDITORIAL: Credible reports emanating from the Ministry of Finance reveal that the International Monetary Fund (IMF)...

Published 05 Dec, 2022 06:00am

Business & Finance

Govt exhorted to seek IMF-led debt restructuring for 3-5 years

KARACHI: A large external financing gap, challenging global financial markets, devastating floods, and political...

Updated 04 Dec, 2022 12:53pm

Business & Finance

SBP repays $1bn bond before due date

The State Bank of Pakistan (SBP) paid back $1 billion against Sukuk bonds on Friday, three days before its...

Updated 03 Dec, 2022 01:21pm

Editorials

Struggling labour market

EDITORIAL: The government is lucky to the extent that, once again, international institutions like ILO ...

Published 03 Dec, 2022 05:50am

‘Won’t take IMF’s dictation’: Dar

Finance minister says he does not have to plead before the Fund

Updated 03 Dec, 2022 11:56am

Pakistan

As IMF funding delayed, Pakistan expects $3bn from friendly country

Finance Minister says Pakistan will make alternate arrangements if IMF delays $1bn tranche

Updated 03 Dec, 2022 12:53am

Business & Finance

Remittances may drop by 7.4pc to $29bn: World Bank

ISLAMABAD: Remittances are expected to drop by 7.4 percent to $29 billion in 2022 from $31 billion in 2021, as loss...

Updated 02 Dec, 2022 10:21am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 10	278.14
USD PKR Interbank Buying / May 10	277.97
USD to Japanese Yen / May 10	155.78
USD to Swiss Franc / May 10	0.91
Pound Sterling to USD / May 10	1.25
Euro to USD / May 10	1.08

Stock	Volume
S&P 500 / May 10	5222.68
India Sensex / May 10	72664.47
Tokyo Nikkei / May 10	38229.11
Nasdaq / May 10	16340.87
Hang Seng / May 10	18963.68
FTSE 100 / May 10	8433.76
Dow Jones / May 10	39512.84
Germany DAX 30 / May 10	18772.85

Item	Value
Crude Oil USD/Barrel / May 10	78.26
Gold Spot USD/Ounce / May 10	2360.50
Cotton US¢/pound / May 10	77.31
Karachi Cotton PKR/37.32 KG / May 11	19935
Gold 10 Grams PKR / May 11	208762
Petrol/Litre / May 13	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 13 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 13 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 13 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 13 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 13 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 13 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 13 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 13 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 13 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 13 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 13 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 13 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 13 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 13 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 13 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 13 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 13 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 13 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 13 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 13 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 13 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 13 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 13 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 13 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 13 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 13 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 13 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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