Trends - IMF loans - Business Recorder

IMF loans

Speaking out in defence of IMF lending

Following the approval of a $7 billion funding agreement by International Monetary Fund (IMF) Executive Board, there...

Updated 26 Oct, 2024 07:46am

Aurangzeb for social protection in IMF loans

WASHINGTON DC: Finance Minister Muhammad Aurangzeb attended the meeting of the Managing Director of the IMF with...

Updated 24 Oct, 2024 08:57am

Markets

Aurangzeb calls for ‘leveraging’ economic gains to ensure permanent stability

Finance Minister Mohammed Aurangzeb called for “leveraging” Pakistan’s improving economic position to achieve...

Updated 02 Oct, 2024 10:15pm

$7bn IMF loan: PBA commends govt efforts

KARACHI: The Pakistan Banks’ Association (PBA) commends the efforts of the Government of Pakistan and the Ministry...

Updated 02 Oct, 2024 09:19am

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

Pakistan receives first tranche of $1.03bn from IMF, says SBP

The State Bank of Pakistan (SBP) on Friday said that it has received the first tranche of Special Drawing Rights...

Updated 27 Sep, 2024 09:36pm

Pakistan

PM Shehbaz engages World Bank, IMF leaders on Pakistan’s economic reforms

Expresses appreciation for IMF's technical assistance and capacity-building programs

Updated 27 Sep, 2024 11:33pm

Markets

Despite progress, Pakistan’s vulnerabilities, structural challenges remain formidable: IMF

In its press release issued after Executive Board approval, IMF says difficult business environment, weak governance, and outsized role of the state hinder investment

Updated 26 Sep, 2024 08:51pm

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

Talks with IMF going well, PM tells Cabinet

ISLAMABAD: Prime Minister Shehbaz Sharif has assured his Cabinet colleagues that recent negotiations with the...

Updated 13 Sep, 2024 09:26am

IMF EB dithering over whether to sanction bailout?

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

Updated 10 Sep, 2024 09:18am

New IMF programme going to be the last one if reforms put in place: Aurangzeb

ISLAMABAD: Finance Minister Muhammad Aurangzeb has said the new International Monetary Fund (IMF) programme would be...

Updated 10 Sep, 2024 08:50am

Pakistan

Pakistan not on IMF agenda till Sept 18, no word on external financing yet

The International Monetary Fund (IMF) has not yet included Pakistan on the agenda of its Executive Board calendar...

Updated 09 Sep, 2024 10:36pm

Pakistan not on IMF agenda till Sept 13

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

Updated 04 Sep, 2024 08:50am

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

Business & Finance

Interest worth SDR 2.815bn paid to IMF since 1984

ISLAMABAD: Pakistan has paid interest amounting SDR 2.815 billion to International Monetary Fund (IMF) since 1984....

Updated 02 Aug, 2024 09:07am

Perspectives

Fault lies within: to fix the economy, look inward

There weren’t much high hopes when Finance Minister Mohammed Aurangzeb started delivering his budget speech on June...

Published 17 Jul, 2024 10:43pm

Pakistan

Taxing Pakistan’s agriculture sector: IMF push ‘a move in the right direction’

Islamabad will be required to complete a number of conditions as it moves ahead with $7-billion EFF; reforms will include bringing retail, export, and agriculture sectors properly into taxation system

Updated 13 Jul, 2024 10:15pm

Pakistan

Key policy points/reforms stressed by IMF in new staff-level agreement

In a major development, the International Monetary Fund (IMF) reached a Staff-Level Agreement (SLA) with Pakistan...

Published 13 Jul, 2024 11:19am

Pakistan

Pakistan has met all requirements for IMF bailout deal, finance official says

Malik says no major issues left to address as Pakistan seeks over $6bn bailout

Updated 03 Jul, 2024 04:41pm

Markets

Record high closing: KSE-100 index settles at 80,234

The Pakistan Stock Exchange (PSX) continued with its winning run as the benchmark KSE-100 index settled above the...

Updated 03 Jul, 2024 05:11pm

Business & Finance

Prior actions for IMF programme largely complete, says Aurangzeb

IMF also wants work on some structural benchmarks like a tax-to-GDP ratio, power sector, FBR, and SOE reforms

Updated 01 Jul, 2024 11:42pm

Pakistan

We understand the pain, will provide relief to salaried class at first opportunity we get: Aurangzeb

Finance Minister Muhammad Aurangzeb has said that the government will provide relief to the salaried class at the...

Updated 01 Jul, 2024 07:03pm

Markets

KSE-100’s record run: PSX world’s best-performing market in FY24, outlook stays positive

The Pakistan Stock Exchange (PSX) emerged as the best performing equity market in the world during fiscal year...

Updated 29 Jun, 2024 02:35pm

Pakistan

Pakistan’s budget to support negotiations with IMF for new programme: Moody’s

Says government spends more than half its revenue on interest payments, indicating very weak debt affordability which drives high debt sustainability risks

Updated 14 Jun, 2024 07:40pm

Pakistan

Post-budget presser: govt wants to enhance tax-to-GDP ratio to 13% in 3 years, says Aurangzeb

Finance minister hopeful Pakistan will reach Staff-Level Agreement with International Monetary Fund (IMF) by July

Updated 13 Jun, 2024 04:40pm

No amount from IMF loans budgeted for budgetary support

ISLAMABAD: The government has budgeted no amount from the International Monetary Fund (IMF) loans for budgetary...

Updated 13 Jun, 2024 09:36am

Opinion

It’s IMF way or the highway?

Announcing the staff-level agreement on the successful completion of the 23rd short-term facility, the IMF...

Published 23 Mar, 2024 05:41am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 30	277.85
USD PKR Interbank Buying / Oct 30	277.65
USD to Japanese Yen / Oct 30	153.03
USD to Swiss Franc / Oct 30	0.87
Pound Sterling to USD / Oct 30	1.29
Euro to USD / Oct 30	1.08

Stock	Volume
S&P 500 / Oct 30	5,813.67
India Sensex / Oct 30	79,850.58
Tokyo Nikkei / Oct 30	39,116.79
Nasdaq / Oct 30	18,607.93
Hang Seng / Oct 30	20,489.06
FTSE 100 / Oct 30	8,159.63
Dow Jones / Oct 30	42,141.54
Germany DAX 30 / Oct 30	19,257.34

Item	Value
Crude Oil USD/Barrel / Oct 30	68.95
Karachi Cotton PKR/37.32 KG / Oct 30	18,085
Gold 10 Grams PKR / Oct 30	246,403.40
Gold Spot USD/Ounce / Oct 30	2,786.14
Cotton US¢/pound / Oct 30	69.88
Petrol/Litre / Oct 31	247.03

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Oct 31 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 31 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Oct 31 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 31 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 31 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 31 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 31 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Oct 31 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 31 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 31 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 31 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Oct 31 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 31 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 31 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Oct 31 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Oct 31 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Oct 31 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Oct 31 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Oct 31 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Oct 31 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Oct 31 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Oct 31 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Oct 31 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Oct 31 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Oct 31 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Oct 31 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Oct 31 Telecard Limited(TELE)	12,358,668 ▲ 0.00

Markets →

Budget 2024-25: income tax calculator for FY25

IMF loans

Most Popular