Trends - Ministry of Economic Affairs

Ministry of Economic Affairs

2,160MW Dasu project: Ministry told to speed up revised PC-1 process

Ministry of Economic Affairs asks Ministry of Water Resources to ensue availability of the Additional Financing for implementation of the project activities

Updated 26 Dec, 2024 02:47pm

Opinion

Imbalanced balance of payments

There has been celebration about the surplus of USD 944 million from July to November 2024 in the current account...

Updated 24 Dec, 2024 07:38am

Pakistan

Japan approves $9.91mn grant for KP’s flood-hit areas

Japan approved on Tuesday a grant worth $9.91 million for improvement of maternal and child health equipment in...

Updated 17 Dec, 2024 10:54pm

Business & Finance

Ministry refutes report World Bank cancelled Pakistan loan

The Ministry of Economic Affairs has refuted a report claiming that the World Bank (WB) cancelled an over $500...

Updated 14 Dec, 2024 09:31pm

MoEA concerned about slow work at DHP

ISLAMABAD: The Ministry of Economic Affairs has expressed its serious concern on the slow implementation of 4,320MW...

Updated 14 Dec, 2024 12:08pm

Pakistan

Japan approves $18.5mn grant for Pakistan’s flood management project

Japan has approved a $18.5 million grant for a flood management project in Pakistan, said the Ministry of Economic...

Updated 13 Nov, 2024 07:46pm

Co-financing: List of 12 potential projects shared with EIB

ISLAMABAD: The Government of Pakistan shared a list of 12 potential projects for co-financing with European...

Updated 05 Sep, 2024 09:25am

World Bank -funded ‘PRR’ project: one-year extension sought

ISLAMABAD: The government has sought one-year extension in “Pakistan Raises Revenue (PRR)” project worth $400...

Updated 06 Feb, 2024 09:06am

Pakistan

MoEA hosts int’l delegation participating in advance railway course

ISLAMABAD: The Ministry of Economic Affairs in Islamabad hosted the visit of the international delegation...

Published 03 Jan, 2024 05:32am

Shamshad says expecting 2-2.5pc GDP growth

ISLAMABAD: The caretaker Federal Minister for Finance, Revenue and Economic Affairs, Dr Shamshad Akhtar, reported...

Updated 22 Nov, 2023 10:07am

Business & Finance

Trade & investment, banking systems: Iran reiterates interest in bolstering cooperation

ISLAMABAD: Iranian Deputy Minister for Economics and Finance, Reza Bakhshiani Thursday reiterated keen interest in...

Published 01 Sep, 2023 05:41am

Inflows improved in July: IMF SBA gives comfort level to multilaterals, bilaterals: MEA officials

ISLAMABAD: The staff level agreement on the Stand-By Arrangement (SBA) with the International Monetary Fund (IMF)...

Updated 23 Aug, 2023 10:17am

Opinion

The ebb of external inflows

The Ministry of Economic Affairs has released the statement of May 2023 on Disbursement of Foreign Economic...

Updated 11 Jul, 2023 06:37am

Around $100m debt: Pakistan, Italy agree on ‘PIDSA’ timeline extension

ISLAMABAD: Pakistan and Italy reached an agreement to extend the timeline of the Pakistan-Italian Debt Swap...

Updated 07 Jul, 2023 08:56am

JDS programme: Japan announces 315m yen grant aid

ISLAMABAD: The government of Japan on Thursday announced grant aid worth 315 million Japanese yen (around $2.25...

Updated 23 Jun, 2023 08:51am

Foreign loans, debt servicing: Repayment revised upward by MoEA

ISLAMABAD: The Ministry of Economic Affairs has revised upward by Rs402 billion repayment of short-term foreign loan...

Updated 07 Jun, 2023 08:55am

Business & Finance

Trade, aviation and illegal immigration: Pak-EU Joint Commission to meet in Brussels on 23rd

ISLAMABAD: Pakistan and the European Union (EU) will reportedly hold Pak-EU Joint Commission meeting in Brussels...

Updated 06 Jun, 2023 08:43am

Country receives $15.4bn in financing during Jul-Apr

ISLAMABAD: The country received $15.4 billion in financing during the first 10 months (July-April) of the current...

Updated 21 May, 2023 03:24pm

Foreign investment promotion: MoEA to prioritise countries for holding various joint commissions

ISLAMABAD: Ministry of Economic Affairs has decided to prioritise countries for holding Joint Commissions (JCs),...

Updated 19 May, 2023 09:15am

Business & Finance

Benazir Nashonuma Programme: ECC approves Rs500m more

ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet has approved additional financing of Rs500...

Updated 28 Apr, 2023 08:49am

Business & Finance

SFD provides $240m for Mohmand hydro-power dam

ISLAMABAD: The Saudi Fund for Development (SFD) signed a $240 million loan agreement to support Pakistan’s Mohmand...

Updated 09 Apr, 2023 12:07am

LC restrictions: World Bank asks govt to exempt projects funded by IFIs

Economic Affairs secretary agrees to take up matter with Finance Division

Updated 13 Mar, 2023 12:51pm

Business & Finance

Pakistan, Uzbekistan sign $1bn trade deal

ISLAMABAD: Pakistan and Uzbekistan signed on Friday a $1 billion deal to increase bilateral trade, a statement from...

Published 25 Feb, 2023 06:23am

Trade teams talk business; it’s no Russian roulette

8th meeting of the Pakistani-Russian Intergovernmental Commission on Trade, Economic, Scientific and Technical Cooperation starts meeting to find new opportunities for further deepening the bilateral relations

Updated 19 Jan, 2023 09:31am

Business & Finance

Agreement signed: France to provide €120m soft loan for Keyal Khuwar hydropower project

ISLAMABAD: France will provide soft loan of € 120 million for Keyal Khuwar 128 MW Hydropower project. Dr Kazim...

Published 17 Jan, 2023 06:52am

Germany inks two framework agreements worth Euro 28m

ISLAMABAD: The Government of Pakistan and Germany signed two framework agreements -amounting Euro 28 million...

Updated 13 Jan, 2023 08:46am

Deal signed with SFD to finance oil derivatives worth $1bn

ISLAMABAD: The Saudi Fund for Development (SFD) and Pakistan, on Thursday, signed a new agreement to finance oil...

Updated 13 Jan, 2023 08:47am

Opinion

Low foreign inflows

The foreign exchange reserves of the SBP have plunged to $6,116 million as of 16th of December 2022. There has been ...

Published 27 Dec, 2022 06:07am

Pakistan

France to provide €0.3m grant for Babu Sabu treatment plant

ISLAMABAD: France will provide a grant of 0.3 million euros for the Babu Sabu Wastewater Treatment Plant-Financing...

Published 16 Dec, 2022 05:58am

Business & Finance

KPK health programme: $100m financing pact signed with ADB

ISLAMABAD: The government has signed a financing agreement worth $100 million with the Asian Development Bank (ADB)...

Published 05 Nov, 2022 05:53am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 31	278.65
USD PKR Interbank Buying / Dec 31	278.45
USD to Japanese Yen / Dec 31	156.20
USD to Swiss Franc / Dec 31	0.90
Pound Sterling to USD / Dec 31	1.26
Euro to USD / Dec 31	1.04

Stock	Volume
S&P 500 / Dec 30	5,906.94
Tokyo Nikkei / Dec 30	39,894.54
Nasdaq / Dec 30	19,486.79
FTSE 100 / Dec 30	8,121.01
Dow Jones / Dec 30	42,573.73
Germany DAX 30 / Dec 30	19,909.14
France CAC40 / Dec 30	7,313.56
India Sensex / Dec 31	78,017.14

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 30	17,785
Gold 10 Grams PKR / Dec 30	241,430.80
Petrol/Litre / Dec 31	252.10
Crude Oil USD/Barrel / Dec 31	71.59
Gold Spot USD/Ounce / Dec 31	2,605.88
Diesel/Litre / Dec 31	255.38

Gainers
Losers
Leaders

Stock	Price
Hira Textile / Dec 31 Hira Textile Mills Limited(HIRAT)	3.99 ▲ 0.69 (20.91%)
Gulshan Sp. / Dec 31 Gulshan Spinning Mills Limited(GSPM)	4.63 ▲ 0.63 (15.75%)
F. Nat.Equities / Dec 31 First National Equities Limited(FNEL)	4.59 ▲ 0.50 (12.22%)
Pak Int.Bulk / Dec 31 Pakistan International Bulk Terminal(PIBTL)	9.38 ▲ 1.00 (11.93%)
Amtex Ltd / Dec 31 Amtex Limited(AMTEX)	3.70 ▲ 0.36 (10.78%)
LSE Financial Serv. / Dec 31 LSE Financial Services Limited(LSEFSL)	15.70 ▲ 1.43 (10.02%)
B.R.R. Guardian / Dec 31 B.R.R. Guardian Limited(BRRG)	23.52 ▲ 2.14 (10.01%)
Ali Asghar / Dec 31 Ali Asghar Textile Mills Limited(AATM)	65.45 ▲ 5.95 (10.00%)
Chakwal Spinning / Dec 31 Chakwal Spinning Mills Limited(CWSM)	64.67 ▲ 5.88 (10.00%)

Stock	Price
Frontier Ceram / Dec 31 Frontier Ceramics Limited(FRCL)	42.91 ▼ -4.77 (-10.00%)
Khairpur Sug. / Dec 31 Khairpur Sugar Mills Limited(KPUS)	203.82 ▼ -22.64 (-10.00%)
PIA Holding Co.B / Dec 31 PIA Holding Company Limited B(PIAHCLB)	749.05 ▼ -83.23 (-10.00%)
Blue-Ex Ltd / Dec 31 Blue-Ex Limited (GEM)(GEMBLUEX)	43.35 ▼ -4.81 (-9.99%)
Shahmurad Sugar / Dec 31 Shahmurad Sugar Mills Limited(SHSML)	430.98 ▼ -42.15 (-8.91%)
Shadman Cotton / Dec 31 Shadman Cotton Mills Limited(SHCM)	24.51 ▼ -2.29 (-8.54%)
IGI Life Ins / Dec 31 IGI Life Insurance Limited(IGIL)	14.52 ▼ -1.33 (-8.39%)
Service Textile / Dec 31 Service Industries Textiles Limited(SERT)	11.12 ▼ -0.97 (-8.02%)
Supernet Ltd. / Dec 31 Supernet Limited (GEM)(GEMSPNL)	18 ▼ -1.55 (-7.93%)

Stock	Volume
Cnergyico PK / Dec 31 Cnergyico PK Limited(CNERGY)	143,020,122 ▲ 0.52
WorldCall Telecom / Dec 31 Worldcall Telecom Limited(WTL)	111,551,930 ▼ -0.02
B.O.Punjab / Dec 31 The Bank of Punjab(BOP)	84,182,656 ▲ 0.23
Silk Bank Ltd / Dec 31 Silkbank Limited(SILK)	48,777,302 ▼ -0.03
K-Electric Ltd. / Dec 31 K-Electric Limited(KEL)	45,320,218 ▲ 0.09
Fauji Foods Ltd / Dec 31 Fauji Foods Limited(FFL)	39,118,024 ▲ 0.83
Pak Elektron / Dec 31 Pak Elektron Limited(PAEL)	36,348,761 ▼ -0.32
Pak Int.Bulk / Dec 31 Pakistan International Bulk Terminal(PIBTL)	30,921,488 ▲ 1.00
Sui South Gas / Dec 31 Sui Southern Gas Company Limited(SSGC)	30,315,237 ▼ -0.82

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Ministry of Economic Affairs

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