Trends - IMF and Pakistan - Business Recorder

IMF and Pakistan

Talks with IMF extended to today

ISLAMABAD: Talks between the International Monetary Fund (IMF) and Pakistani authorities on the second review have...

Updated 19 Mar, 2024 10:26am

Markets

SBP keeps key policy rate unchanged at 22%

This is the sixth successive decision to hold rates by Pakistan's central bank

Updated 18 Mar, 2024 08:43pm

Perspectives

Economic agenda: Pakistan will continue walking on a tightrope

After months of political volatility in Pakistan, the dust finally settled over the formation of a new government. A...

Published 18 Mar, 2024 10:18am

Opinion

Re-aligning NFC: coalition govt faces a challenge from within

Reportedly, the IMF (International Monetary Fund) has requested resumption of dialogue on the National Finance...

Published 18 Mar, 2024 04:56am

Opinion

Self-sufficiency versus loan dependence

As Pakistan steps into critical discussions with the International Monetary Fund (IMF), it’s confronting immense...

Published 18 Mar, 2024 04:56am

Opinion

The real economic performance of interim govt

As the new government takes the reins, we are well placed to examine the efforts and output of the interim ...

Published 16 Mar, 2024 06:26am

US envoy, PM discuss private sector-led growth

United States Ambassador to Pakistan Donald Blome expresses US support for Pakistan’s democracy and the key role of an independent press

Updated 16 Mar, 2024 03:07pm

Talks with IMF going on positively: Tarar

ISLAMABAD: Federal Minister for Information and Broadcasting, Ataullah Tarar on Friday said talks with the IMF are...

Updated 16 Mar, 2024 09:09am

Business & Finance

PD claims: ‘No meeting on 2nd, final review of SBA held with IMF team’

ISLAMABAD: Power Division claimed that they held no meeting with the visiting team of International Monetary Fund...

Published 16 Mar, 2024 06:26am

Opinion

Getting prices right in Pakistan: Shock therapy, ‘dual-track’ price system, and input-output model

Lack of allocative and productive expenditure efficiency has led to under-utilization of revenue and aid, which in...

Updated 15 Mar, 2024 11:53am

Economic indicators, other related matters: IMF team takes stock

Discusses Pakistan’s overall macro-economic indicators and efforts on fiscal consolidation

Updated 15 Mar, 2024 09:59am

Reforms agenda: Govt committed to working with IMF: Aurangzeb

ISLAMABAD: Finance Minister Muhammad Aurangzeb has expressed the government’s commitment towards working with the...

Updated 15 Mar, 2024 08:28am

Sanctions on IP gas line: Govt in talks with US Admin to secure waiver: Musadik

ISLAMABAD: Pakistan has been engaged with the US administration to secure a waiver from US sanctions on the...

Updated 15 Mar, 2024 10:00am

Construction sector: IMF asks FBR to abolish special tax regime

Recommends subjecting sector to standard income tax regime

Updated 15 Mar, 2024 04:03pm

Pakistan

2nd review under IMF’s Stand-By Arrangement: discussions on structural reforms, energy sector held

Pakistan Finance Minister Muhammad Aurangzeb discussed structural reforms and energy sector viability in a meeting...

Updated 14 Mar, 2024 10:25pm

Opinion

It’s time for us to walk the talk!—II

Entrepreneurs in Pakistan are second to none with numerous having earned recognition and respect internationally....

Published 14 Mar, 2024 03:00am

Pakistan

Second review of SBA with IMF to begin from March 14: Ministry of Finance

Pakistan has met all Structural Benchmarks, Qualitative Performance Criteria and Indicative Targets for successful completion of the IMF review, says ministry

Updated 13 Mar, 2024 10:40pm

Markets

Another day of pressure: KSE-100 falls over 1% as market divided over monetary policy announcement

Analysts seem in two minds over the possibility of SBP starting its monetary easing cycle

Updated 13 Mar, 2024 10:29pm

Opinion

PDM 2.0: Dilemma for the IMF

With the green signal given by the incoming PDM 2.0 to the Ministry of Finance to initiate ground work for another...

Published 13 Mar, 2024 06:32am

Aurangzeb unveils his approach to IMF lending

Says Pakistan is eager to negotiate a larger and the longest Extended Fund Facility (EFF) of the IMF programme to achieve macroeconomic stability in the country

Updated 13 Mar, 2024 12:27pm

Aurangzeb’s appointment a positive step: Bloomberg

ISLAMABAD: The appointment of Muhammad Aurangzeb as Pakistan’s finance minister is a positive step to steer the...

Updated 13 Mar, 2024 12:24pm

SBA talks: Govt to have little ‘manoeuvrability’ to cut utility prices

ISLAMABAD: The government will have little, if any, maneuverability to reduce utility prices during the second...

Updated 13 Mar, 2024 12:30pm

Mixed expectations: MPS on 18th

KARACHI: The State Bank of Pakistan (SBP) is scheduled to announce the Monetary Policy next Monday (March 18) with...

Updated 13 Mar, 2024 09:42am

Pakistan

Shehbaz-led govt won’t be able to ensure judicious use of IMF funds: PTI

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) secretary general Omar Ayub on Monday reiterated his party’s stance that...

Published 12 Mar, 2024 04:28am

Opinion

Navigating IMF’s flawed mindset: lessons from 2008 financial crisis

The International Monetary Fund (IMF) has long been regarded as a key player in the global financial landscape,...

Published 12 Mar, 2024 04:28am

Business & Finance

Business community leader optimistic about composition of Cabinet

KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, Mian...

Published 12 Mar, 2024 04:27am

Pakistan

Muhammad Aurangzeb takes over as finance minister as speculation ends

On his arrival at ministry, former HBL CEO was welcomed by Secretary Finance and senior officials

Updated 11 Mar, 2024 10:29pm

Opinion

A recalcitrant rupee!

The budget for the current fiscal year, reviewed and amended by the International Monetary Fund (IMF) as a prior...

Published 11 Mar, 2024 04:45am

Pakistan

Saylani founder says IMF loan death warrant for country

KARACHI: Founder and Chairman of Saylani Welfare International Trust, Maulana Muhammad Bashir Farooq Qadri, has said...

Published 09 Mar, 2024 04:59am

Opinion

Pakistan’s addiction to borrowed money

Father of the Nation Quaid-e-Azam Mohammad Ali Jinnah in his speech at Ziarat, Balochistan, in 1948 stated that:...

Published 09 Mar, 2024 04:59am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 13	278.33
USD PKR Interbank Buying / May 13	278.13
USD to Japanese Yen / May 13	155.86
USD to Swiss Franc / May 13	0.91
Pound Sterling to USD / May 13	1.25
Euro to USD / May 13	1.08

Stock	Volume
S&P 500 / May 10	5222.68
Nasdaq / May 10	16340.87
Dow Jones / May 10	39512.84
India Sensex / May 13	72058.22
Tokyo Nikkei / May 13	38179.46
Hang Seng / May 13	19101.30
FTSE 100 / May 13	8440.89
Germany DAX 30 / May 13	18764.87

Item	Value
Karachi Cotton PKR/37.32 KG / May 11	19935
Gold 10 Grams PKR / May 11	208762
Petrol/Litre / May 13	288.49
Crude Oil USD/Barrel / May 13	78.49
Gold Spot USD/Ounce / May 13	2349.25
Diesel/Litre / May 13	281.96

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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IMF and Pakistan

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