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IMF and Pakistan

A belated ‘Bijli Sahulat’ package

EDITORIAL: Finally, the prime minister has announced a power relief plan, ‘Bijli Sahulat’ package (a euphemism...

Published 10 Nov, 2024 02:51am

Editorials

Captive power phase-out: the show must go on

EDITORIAL: Only a few weeks into the latest International Monetary Fund (IMF) programme, the Prime Minister has been...

Updated 09 Nov, 2024 08:21am

Govt will go for privatisation of PIA again: Aurangzeb

ISLAMABAD: Federal Minister for Finance Muhammad Aurangzeb, while admitting trust and credibility deficit with the...

Updated 09 Nov, 2024 07:11pm

FBR will impose new surcharge on fossil fuels

ISLAMABAD: The Federal Board of Revenue (FBR) will impose a new surcharge on fossil fuels to generate additional...

Updated 09 Nov, 2024 02:59pm

No gas for CPPs as per IMF terms: MoC moves PM for reversal of decision

ISLAMABAD: The Commerce Ministry has approached the Prime Minister for reversal of federal government’s decision to...

Updated 08 Nov, 2024 09:47am

Editorials

Facilitating FDI inflows

EDITORIAL: Shehbaz Sharif made a very valid point the other day about promotion of FDI (Foreign Direct Investment)...

Published 07 Nov, 2024 06:44am

IMF team to check progress on EFF shortly

IMF staff to visit Pakistan on November 11

Updated 07 Nov, 2024 03:26pm

Power consumption boost: ‘Winter package’ in limbo as conflicting claims about IMF assent emerge

ISLAMABAD: The federal government’s proposed ‘Winter Package 2024’ to enhance electricity consumption in winter...

Updated 07 Nov, 2024 09:25am

Editorials

Analysing monetary policy statement

EDITORIAL: The Monetary Policy Committee (MPC), under the chairmanship of Jameel Ahmed, Governor State Bank of...

Published 06 Nov, 2024 06:55am

Business & Finance

PBF urges govt for urgent steps towards economic reforms

KARACHI: The Pakistan Business Forum (PBF) has urged the government to take immediate steps towards economic reforms...

Published 06 Nov, 2024 05:46am

Editorials

Celebrating the fiscal surplus

EDITORIAL: The government, especially the finance ministry, can’t seem to trumpet the first fiscal surplus in 24...

Published 05 Nov, 2024 03:30am

Business & Finance

Policy rate reduction to boost business activities, exports: PM Shehbaz

Prime Minister Shehbaz Sharif said Monday a reduction in the policy rate will boost business activities, exports,...

Updated 04 Nov, 2024 10:54pm

Pakistan

Pakistan’s bilateral partners to continue rollovers during IMF programme: SBP governor

ISLAMABAD: The State Bank of Pakistan (SBP) Governor Jameel Ahmad told analysts on Monday that bilateral partner...

Updated 04 Nov, 2024 08:41pm

Markets

Higher than market consensus: SBP reduces key policy rate by 250bps, takes it to 15%

Most analysts had expected cut of 200bps

Updated 04 Nov, 2024 09:53pm

Opinion

Missteps and missed marks: macroeconomic stability is just a distant mirage

Despite ostensibly achieving some macroeconomic stability—as evidenced by falling inflation, a stable exchange rate,...

Published 04 Nov, 2024 03:29am

Editorials

PIA’s privatisation: hurdles and roadblocks

EDITORIAL: The government’s much-delayed plans of privatising PIA hit a huge obstacle on October 31 as the final...

Published 04 Nov, 2024 03:29am

Business & Finance

Pakistan, MENA region: Economies face fragile recovery, says IMF

ISLAMABAD: Economies in the Middle East and North Africa (MENA) region and Pakistan face a fragile recovery amid...

Published 02 Nov, 2024 06:15am

Editorials

Delicate balance

EDITORIAL: It seems there’s plenty to celebrate on the economic front. FDI (Foreign Direct Investment) jumped a...

Published 02 Nov, 2024 06:15am

Editorials

Wheat support price dilemma

EDITORIAL: Why is the government so paralysed, without rhyme or reason, when it comes to taking a position about...

Published 02 Nov, 2024 06:15am

Opinion

Serious issues in IMF programmes: time for urgent reform

‘Augusto Pinochet’s coup in Chile is widely seen as inaugurating the global neoliberal era. As the 1970s progressed,...

Updated 01 Nov, 2024 11:36pm

Business & Finance

IMF cuts inflation forecast to 9.5pc: Aurangzeb

ISLAMABAD: The International Monetary Fund has lowered its inflation forecast for Pakistan for the current year by...

Published 01 Nov, 2024 06:51am

Business & Finance

PIA privatisation: Blue World City refuses to match PC’s ‘minimum expectation’ of Rs85.03bn, sticks to Rs10bn offer

Process of PIA bidding concludes with just one sole bid
Ball now in PC and cabinet's court

Updated 01 Nov, 2024 09:55am

Editorials

Exporters and the IMF

EDITORIAL: The Executive Committee of the National Export Development Board and the Federal Board of Revenue (FBR)...

Published 31 Oct, 2024 07:01am

$1.3bn borrowed from multiple financing sources in Q1

ISLAMABAD: The country borrowed $1.308 billion from multiple financing sources during the first quarter...

Updated 30 Oct, 2024 09:03am

Editorials

The positivity from DC yatra

EDITORIAL: The Federal Finance Minister Muhammad Aurangzeb’s attendance at the International Monetary Fund...

Published 30 Oct, 2024 06:32am

Opinion

Structural reforms in IMF programme

The Staff Report on the new 37-month Extended Fund Facility by the IMF of $7 billion contains a number of structural...

Published 29 Oct, 2024 03:27am

Editorials

Our cities becoming least livable

EDITORIAL: The Asian Development Bank in its Pakistan National Urban Assessment report has argued that livability in...

Published 29 Oct, 2024 03:27am

Economy: Aurangzeb outlines steps

Highlights upcoming reforms in the Federal Board of Revenue, aimed at boosting transparency and fostering sustainable development

Updated 28 Oct, 2024 12:33pm

Editorials

Expenditure growth rate

EDITORIAL: The International Monetary Fund (IMF) in its Fiscal Monitor report titled “Putting a Lid on Public Debt”...

Updated 28 Oct, 2024 08:25am

Opinion

Cost of misguided energy policies

“Elimination of captive power from the gas sector” has been committed to the IMF as a structural benchmark to be...

Updated 28 Oct, 2024 08:48am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 8	277.83
USD PKR Interbank Buying / Nov 8	277.63
USD to Japanese Yen / Nov 8	152.64
USD to Swiss Franc / Nov 8	0.88
Pound Sterling to USD / Nov 8	1.29
Euro to USD / Nov 8	1.07

Stock	Volume
S&P 500 / Nov 8	5,995.54
India Sensex / Nov 8	79,486.32
Tokyo Nikkei / Nov 8	39,500.37
Nasdaq / Nov 8	19,286.78
Hang Seng / Nov 8	20,728.19
FTSE 100 / Nov 8	8,072.39
Dow Jones / Nov 8	43,988.99
Germany DAX 30 / Nov 8	19,215.48

Item	Value
Crude Oil USD/Barrel / Nov 8	70.38
Karachi Cotton PKR/37.32 KG / Nov 8	18,285
Gold 10 Grams PKR / Nov 8	244,002.80
Gold Spot USD/Ounce / Nov 8	2,684.77
Cotton US¢/pound / Nov 8	70.98
Petrol/Litre / Nov 10	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 10 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 10 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Nov 10 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 10 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 10 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Nov 10 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 10 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Nov 10 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 10 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 10 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 10 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Nov 10 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 10 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 10 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Nov 10 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 10 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Nov 10 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 10 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Nov 10 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Nov 10 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Nov 10 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Nov 10 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Nov 10 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Nov 10 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Nov 10 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Nov 10 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Nov 10 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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IMF and Pakistan

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