Trends - IMF EFF - Business Recorder

IMF EFF

Pakistan set to unlock $2.3bn under EFF & RSF, says IMF spokesperson

Pakistan will gain access to a total of $2.3 billion under the Extended Fund Facility (EFF) and the Resilience and...

Updated 28 Mar, 2025 10:54pm

IMF allows govt to cut power tariff

Relief to be financed through revenue collected from levy imposed on captive power plants

Updated 28 Mar, 2025 01:53pm

Markets

PM urges end to Pakistan’s reliance on IMF loans

Prime minister says country has achieved economic stability

Updated 27 Mar, 2025 10:13pm

Editorials

IMF-Pakistan SLA

EDITORIAL: Exactly ten days after the end of a two-week mission on the first review of the 7 billion dollar...

Published 27 Mar, 2025 05:23am

First review of $7bn EFF, and new $1.3bn RSF arrangement: SLA reached; IMF praises performance

Government can unlock the $1.3billion under a new climate resilience loan programme spanning 28 months

Updated 27 Mar, 2025 03:13pm

Markets

IMF agreement brings relief, but economic challenges persist, say experts

Analysts believe Pakistan must remain committed to IMF programme to ensure sustainable economic growth

Updated 26 Mar, 2025 07:58pm

Markets

PSX soars, KSE-100 surges over 1,100 points on IMF staff-level deal

Bullish momentum dominated the Pakistan Stock Exchange (PSX) as investors rejoiced over Pakistan’s successful...

Updated 26 Mar, 2025 08:03pm

Markets

IMF reaches staff-level deal with Pakistan to unlock $1.3 billion of new cash

Lender also agrees on first review of ongoing 37-month bailout programme

Updated 26 Mar, 2025 10:35pm

Pakistan

Pakistan may present budget early to secure IMF board approval, says Topline

The signing of a Staff Level Agreement (SLA) between the Pakistani authorities and the International Monetary Fund...

Updated 17 Mar, 2025 09:23pm

Markets

Stay the course on reforms, IMF urges Pakistan

Remarks come as Pakistan delegation meets Middle East and Central Asia Department (MCD) Director Jihad Azour on sidelines of IMF, World Bank annual meetings in Washington

Updated 22 Oct, 2024 10:53pm

Pakistan

Pakistan’s accelerated access to capital markets: Alvarez & Marsal team outlines steps

Alvarez & Marsal team has outlined steps for Pakistan to chart an accelerated path to international capital...

Updated 22 Oct, 2024 11:29pm

Pakistan

Key priorities highlighted by IMF for Pakistan’s $7bn Extended Fund Facility

In a key development, the International Monetary Fund (IMF) Executive Board approved Pakistan’s 37-month Extended...

Published 28 Sep, 2024 05:25pm

Pakistan

IMF urges Pakistan to ‘move away’ from state-led growth model, calls for structural reforms

Officials note that given ambitious growth projections, there is no room for policy slippages without undermining debt sustainability

Updated 28 Sep, 2024 07:32pm

Business & Finance

SBP receives over $1bn first tranche of IMF loan

KARACHI: Pakistan, on Friday received over $1 billion inflows as the first tranche of a long-term loan from the IMF,...

Published 28 Sep, 2024 07:16am

Pakistan

IMF Executive Board approves Pakistan’s $7bn bailout package: PMO

As part of 37-month programme, IMF will immediately release an initial tranche of $1.1bn, Prime Minister's Office says

Updated 25 Sep, 2024 11:18pm

Pakistan

IMF-backed reform agenda to accelerate Pakistan’s economic growth in FY25: ADB

In its Asian Development Outlook, Manila-based lender sees Pakistan's growth to grow by moderate 2.8% in FY25

Updated 25 Sep, 2024 10:52pm

$7bn IMF EFF: Board likely to do the needful

Is all set to consider Pakistan’s 37-month Extended Fund Facility Arrangement today

Updated 25 Sep, 2024 11:49am

Pakistan

Loan rollovers will take place this month: Aurangzeb

ISLAMABAD: Finance Minister Muhammad Aurangzeb said that rollover of loan from friendly countries for Pakistan would...

Published 07 Aug, 2024 05:37am

Pakistan

Aurangzeb says Pakistan has secured debt rollover commitments from China, Saudi Arabia and UAE

Development gives boost to economy that awaits Executive Board approval from the IMF ahead of $7-billion bailout

Updated 06 Aug, 2024 10:25pm

Opinion

IMF programme & challenges

Pakistan’s economic journey took a momentous turn after it bid farewell to the International Monetary Fund (IMF) ...

Published 02 Aug, 2024 05:55am

Five Chinese firms bid to help with Panda Bond issuance

ISLAMABAD: Five Chinese firms have placed bids to work on Pakistan’s issuance of Panda Bonds, the South Asian...

Updated 02 Aug, 2024 09:14am

IMF to approve $7bn EFF by end of month: Aurangzeb

ISLAMABAD: Finance Minister Muhammad Aurangzeb said on Thursday that the government wants investment and not aid...

Updated 02 Aug, 2024 09:55am

Opinion

Challenging gross financing requirements

Pakistan is about to enter into an Extended Fund Facility (EFF) programme with the International Monetary Fund...

Updated 02 Aug, 2024 06:17am

Pakistan

Fitch upgrades Pakistan rating to ‘CCC+’

Upgrade reflects greater certainty over continued availability of external funding, says credit rating agency

Updated 29 Jul, 2024 07:43pm

Markets

SBP reduces key policy rate by 100bps, takes it to 19.5%

Majority analysts expected cut, it was the quantum of reduction that had them divided

Updated 29 Jul, 2024 07:42pm

‘China will help secure IMF loan’

FM Muhammad Aurangzeb says Pakistan requires 3 to 5-year extension in maturity of $12bn debt from Saudi Arabia, China, and UAE as part of confirmation before approval from IMF’s Executive Board on fresh bailout package

Updated 29 Jul, 2024 12:34pm

Editorials

Doing the right thing the wrong way

EDITORIAL: Why go through the trouble of dissolving Pak-PWD (Pakistan Public Works Department) – on the orders of...

Updated 24 Jul, 2024 07:53am

Business & Finance

Pakistan not yet on agenda of IMF meetings

ISLAMABAD: The International Monetary Fund (IMF) has not yet included Pakistan on the agenda of its executive board...

Updated 23 Jul, 2024 09:29am

Markets

Majority expect reduction in key policy rate in upcoming MPC meeting, AHL survey finds

Brokerage house sees 100bps cut in meeting reportedly set to be held on July 29 (Monday)

Updated 22 Jul, 2024 10:56pm

Editorials

‘Constitutional meltdown’?

EDITORIAL: It’s not yet been announced when the IMF’s executive board will meet to discuss the fate of the...

Updated 22 Jul, 2024 07:35am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 17	280.67
USD PKR Interbank Buying / Apr 17	280.47
USD to Japanese Yen / Apr 17	142.81
USD to Swiss Franc / Apr 17	0.82
Pound Sterling to USD / Apr 17	1.32
Euro to USD / Apr 17	1.14
UK LIBOR % / Apr 16	4.96

Stock	Volume
S&P 500 / Apr 16	5,275.70
Nasdaq / Apr 16	16,307.16
FTSE 100 / Apr 16	8,275.60
Dow Jones / Apr 16	39,669.39
Germany DAX 30 / Apr 16	21,311.02
France CAC40 / Apr 16	7,329.97
India Sensex / Apr 17	77,621.26
Tokyo Nikkei / Apr 17	34,285.53
Hang Seng / Apr 17	21,352.47

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 16	16,985
Gold 10 Grams PKR / Apr 16	298,353
Petrol/Litre / Apr 17	254.63
Crude Oil USD/Barrel / Apr 17	63.25
Gold Spot USD/Ounce / Apr 17	3,331.95
Diesel/Litre / Apr 17	258.64
Cotton US¢/pound / Apr 17	66.66

Gainers
Losers
Leaders

Stock	Price
Parmount Sp. / Apr 17 Paramount Spinning Mills Limited(PASM)	4.40 ▲ 0.75 (20.55%)
Tri-Star Mutual / Apr 17 Tri-Star Mutual Fund Limited(TSMF)	8.97 ▲ 0.87 (10.74%)
Imperial Limited / Apr 17 Imperial Limited(IML)	16.34 ▲ 1.49 (10.03%)
Chakwal Spinning / Apr 17 Chakwal Spinning Mills Limited(CWSM)	57.93 ▲ 5.27 (10.01%)
Pak Gulf Leasing / Apr 17 Pak-Gulf Leasing Company Limited(PGLC)	21.89 ▲ 1.99 (10%)
Bolan Casting / Apr 17 Bolan Castings Limited(BCL)	104.06 ▲ 9.46 (10%)
At-Tahur Ltd. / Apr 17 At-Tahur Limited(PREMA)	58.09 ▲ 5.28 (10%)
S.S.Oil / Apr 17 S.S.Oil Mills Limited(SSOM)	244.59 ▲ 22.24 (10%)
Gillette Pak / Apr 17 Gillette Pakistan Limited(GLPL)	185.88 ▲ 16.9 (10%)
Nimir Resins / Apr 17 Nimir Resins Limited(NRSL)	42.45 ▲ 3.86 (10%)

Stock	Price
Oilboy Energy(R) / Apr 17 Oilboy Energy Limited(R)(OBOYR2)	1.20 ▼ -0.18 (-13.04%)
Apna Microfin. / Apr 17 Apna Microfinance Bank Limited(AMBL)	10.17 ▼ -1.11 (-9.84%)
Leather Up Ltd. / Apr 17 Leather Up Limited(LEUL)	25.61 ▼ -2.39 (-8.54%)
Int. Knit. / Apr 17 International Knitwear Limited(INKL)	15.01 ▼ -1.39 (-8.48%)
Masood Textile / Apr 17 Masood Textile Mills Limited(MSOT)	52 ▼ -4.8 (-8.45%)
Jubilee Gen. Ins. / Apr 17 Jubilee General Insurance Limited(JGICL)	49.69 ▼ -4.53 (-8.35%)
The Thal Ind.Corp. / Apr 17 The Thal Industries Corporation Limited(TICL)	330.01 ▼ -30 (-8.33%)
National Silk / Apr 17 The National Silk & Rayon Mills Limited(NSRM)	29.56 ▼ -2.44 (-7.63%)
Maqbool Tex. / Apr 17 Maqbool Textile Mills Limited(MQTM)	30 ▼ -2 (-6.25%)
Popular Islamic / Apr 17 Popular Islamic Modaraba(PIM)	12.28 ▼ -0.72 (-5.54%)

Stock	Volume
B.O.Punjab / Apr 17 The Bank of Punjab(BOP)	13,207,975 ▲ 0.24
Maple Leaf Cement / Apr 17 Maple Leaf Cement Factory Limited(MLCF)	11,854,883 ▲ 2.94
Cnergyico PK / Apr 17 Cnergyico PK Limited(CNERGY)	9,946,143 ▲ 0.05
National Bank / Apr 17 National Bank of Pakistan(NBP)	9,681,714 ▲ 5.22
Fauji Cement / Apr 17 Fauji Cement Company Limited(FCCL)	8,404,876 ▲ 1.53
At-Tahur Ltd. / Apr 17 At-Tahur Limited(PREMA)	6,712,609 ▲ 5.28
Secure Logistics / Apr 17 Secure Logistics Group Limited(SLGL)	4,809,204 ▲ 0.59
The Organic Meat / Apr 17 The Organic Meat Company Limited(TOMCL)	4,199,058 ▲ 0.84
WorldCall Telecom / Apr 17 Worldcall Telecom Limited(WTL)	4,020,801 ▲ 0
Pak Elektron / Apr 17 Pak Elektron Limited(PAEL)	3,552,216 ▲ 0.71

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