Trends - IMF programe - Business Recorder

IMF programe

Country needs ‘another’ IMF programme: PM

Says rising electricity and gas theft, low tax-to-GDP ratio and rapid increase in expenditure need to be dealt with seriously

Updated 21 Mar, 2024 09:54am

Pakistan

Pakistan, IMF reach staff-level agreement on final review of $3bn SBA

Subject to IMF board approval, Pakistan will have access to around $1.1bn

Updated 20 Mar, 2024 10:07pm

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

BR Research

Petrol price: weighing taxation options

Pakistan will soon be on the drawing board with the IMF for yet another fresh program. Expect the IMF to ask for...

Updated 13 Mar, 2024 12:21pm

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

BR Research

WPI: Gas and power at the core

The Wholesale Price Index (WPI) for February 2024 clocked in at 18.66 percent – at a 31-month low, and surely comes...

Published 11 Mar, 2024 08:31am

World

Egypt says land sale, IMF accord will ease budget problems

CAIRO: Egypt has taken major steps towards lowering its budget deficit by selling real estate as well as agreeing a...

Published 10 Mar, 2024 08:19pm

Pakistan

IMF ready for formulation of 'new medium-term programme', responds to PTI's letter

Says it encourages fair and peaceful resolution of all electoral disputes

Updated 08 Mar, 2024 11:27pm

BR Research

Inflation: don’t lower rates on Food (CPI)’s account

The average inflation for the fiscal year 2023-24 may very well be off target, but the taper has most certainly...

Published 07 Mar, 2024 07:42am

Markets

Profit-taking erases KSE-100’s intra-day gains

Pakistan stocks surrendered their earlier gains at close on Wednesday amid final-hour profit-taking as the benchmark...

Updated 06 Mar, 2024 09:12pm

HBL CEO Muhammad Aurangzeb may be inducted into finance team

ISLAMABAD: Muhammad Aurangzeb, the chief executive officer of Pakistan’s largest bank, HBL, is likely to be tapped...

Updated 06 Mar, 2024 10:59am

Markets

Brokerage house AHL expects KSE-100 to provide upside of 24% in FY24

AHL says KSE-100 could power past 56,000 level by June 2024

Updated 15 Jul, 2023 11:52pm

Pakistan

IMF programme to ‘reform and restructure’ Pakistan’s economy: PM Shehbaz

Prime Minister Shehbaz Sharif said on Friday that the recently-announced International Monetary Fund (IMF) programme...

Updated 07 Jul, 2023 03:36pm

Pakistan

IMF’s Executive Board meeting on Pakistan set for July 12

The Fund is set to discuss a nine-month stand-by arrangement for Pakistan as the previous Extended Fund Facility expired on June 30

Updated 06 Jul, 2023 09:55am

Markets

SBP-held foreign exchange reserves rise $533mn, stand at $4.07bn

Increase comes on back of realisation of $300 million proceeds of government of Pakistan’s commercial loan

Published 03 Jul, 2023 09:06pm

Pakistan

Moody’s, Fitch see lingering risks despite Pakistan-IMF deal: report

Pakistan is staring at $25bn debt repayment in fiscal year 2023-24, and a widening current account deficit could pose problems

Published 03 Jul, 2023 08:16pm

Markets

Component-wise breakdown of petrol price in Pakistan

Government raises PDL to Rs55 per litre to fulfil key condition of IMF

Published 01 Jul, 2023 01:40pm

Business & Finance

SBP raises key policy rate by 100bps to 22% after ‘emergency meeting’

Cites upward revisions in taxes, duties and PDL in FY24 budget and lifting of import restrictions as factors that slightly deteriorate inflation outlook

Updated 26 Jun, 2023 08:10pm

Markets

Pakistan will look to impose Rs215bn additional taxes after IMF talks: Dar

Finance minister says 'we have ensured impact of these taxes will not be passed to downtrodden' in address to wind up Federal Budget 2023-24 debate in National Assembly

Updated 25 Jun, 2023 09:00pm

Pakistan

Zahid hails govt’s ‘economic revival plan’

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

Published 24 Jun, 2023 06:02am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
FTSE 100 / Dec 17	8,195.20
Dow Jones / Dec 17	43,449.90
Germany DAX 30 / Dec 17	20,246.37
France CAC40 / Dec 17	7,365.70
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 17	17,585
Gold 10 Grams PKR / Dec 17	241,860
Petrol/Litre / Dec 18	252.10
Crude Oil USD/Barrel / Dec 18	70.43
Gold Spot USD/Ounce / Dec 18	2,644.54
Diesel/Litre / Dec 18	255.38

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
Dadabhoy Cement / Dec 18 Dadabhoy Cement Industries Limited(DBCI)	7.99 ▲ 0.88 (12.38%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Beco Steel Ltd / Dec 18 Beco Steel Limited(BECO)	9.25 ▲ 0.99 (11.99%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Data Agro / Dec 18 Data Agro Limited(DAAG)	139.24 ▲ 12.66 (10.00%)
Leather Up Ltd. / Dec 18 Leather Up Limited(LEUL)	26.74 ▲ 2.43 (10.00%)

Stock	Price
Blue-Ex Ltd / Dec 18 Blue-Ex Limited (GEM)(GEMBLUEX)	37.76 ▼ -4.20 (-10.01%)
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
Din Tex. / Dec 18 Din Textile Mills Limited(DINT)	45.90 ▼ -5.10 (-10.00%)
Dawood Lawrencepur / Dec 18 Dawood Lawrencepur Limited(DLL)	211.50 ▼ -23.50 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)
Calcorp Ltd / Dec 18 Calcorp Limited(CASH)	26.22 ▼ -2.91 (-9.99%)
GOC (Pak) / Dec 18 GOC (Pak) Limited.(GOC)	65.10 ▼ -6.97 (-9.67%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.10
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.88
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	58,285,174 ▼ -0.38
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	57,202,972 ▼ -0.02
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -0.20
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 2.87
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▲ 0.29
Hub Power Co. / Dec 18 The Hub Power Company Limited(HUBC)	33,289,968 ▼ -2.23
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	31,365,092 ▼ -0.17

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IMF programe

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