Trends - Najy Benhassine - Business Recorder

Najy Benhassine

World Bank delegation, CM thoroughly examine $3.1bn Sindh portfolio

KARACHI: Sindh Chief Minister Syed Murad Ali Shah met with a World Bank delegation, headed by Country Director Najy...

Published 11 Oct, 2024 06:30am

World Bank pledges $2bn to help govt respond to 2022 floods

ISLAMABAD: The World Bank (WB) had pledged $2 billion, including $1.55 billion for new projects, as support to help...

Updated 09 Oct, 2024 09:04am

World Bank official, FBR chief discuss FBR transformation plan

ISLAMABAD: The Country Director of World Bank, Najy Benhassine along with Tobias Akhtar Haque (Lead Country...

Updated 04 Oct, 2024 09:38am

Business & Finance

World Bank official, Ahsan discuss economic measures

ISLAMABAD: Najy Benhassine, the country director of World Bank called on Minister for Planning, Development and...

Published 28 Sep, 2024 07:16am

Pakistan

World Bank says ready for PPP with Punjab govt in various sectors

LAHORE: The World Bank has expressed its consent for a public-private partnership (PPP) with the Punjab government...

Published 07 Aug, 2024 06:53am

Business & Finance

World Bank approves $535m for social protection, livestock development

ISLAMABAD: The World Bank’s Board of Executive Directors approved $535 million in financing for Pakistan to ...

Published 22 Jun, 2024 06:47am

Pakistan

World Bank approves $1bn financing for Dasu Hydropower Project

The World Bank’s Board of Executive Directors approved $1 billion as the second round of additional financing for...

Updated 11 Jun, 2024 07:52pm

Business & Finance

Macro-economic situation: Aurangzeb briefs World Bank official

ISLAMABAD: South Asia Regional Vice President (SARVP) of the World Bank Martin Raiser called on the Federal Minister...

Published 07 May, 2024 07:07am

Pakistan

World Bank approves $150mn financing for two projects in Pakistan

Amount of $78mn approved for Digital Economy Enhancement Project (DEEP), while $71.7mn sanctioned as second additional financing for Sindh Barrages Improvement Project

Updated 23 Mar, 2024 09:19pm

Opinion

The World Bank says it all

That the growing political uncertainty and institutional imbalances are adversely affecting the country’s perception...

Published 30 Dec, 2023 06:28am

Pakistan

World Bank approves $350mn financing for Pakistan

Funds are to be used for Second Resilient Institutions for Sustainable Economy Operation, which aims to strengthen fiscal management

Updated 20 Dec, 2023 04:58pm

NTMP-1: World Bank not happy with progress

ISLAMABAD: The World Bank (WB) has warned National Transmission and Despatch Company (NTDC) that progress on...

Updated 28 Oct, 2023 04:31pm

World Bank for taxation of agri income, property

ISLAMABAD: The World Bank (WB) has recommended taxation of agricultural income and property, withdrawal of...

Updated 10 Oct, 2023 11:22am

Business & Finance

World Bank revises growth downward to 1.7pc

ISLAMABAD: The World Bank has revised downward Pakistan’s GDP growth projection for the current fiscal year 2023-24...

Published 04 Oct, 2023 06:20am

Pakistan

Pakistan’s GDP projected to recover to 1.7% in FY24: World Bank

This is 'predicated on the robust implementation of the IMF Stand-By Arrangement, new external financing and continued fiscal restraint'

Updated 03 Oct, 2023 10:43pm

‘Dasu transmission line corruption’: NTDC BoD body given 2 more weeks to finalise recommendations

ISLAMABAD: Senate Standing Committee on Power on Tuesday gave an additional two weeks to the Procurement Committee...

Updated 27 Sep, 2023 10:18am

Economic model ‘flops’: Poverty hits 39.4pc mark, say World Bank officials

ISLAMABAD: Pakistan’s current economic development model is no longer reducing poverty and provides few benefits to...

Updated 23 Sep, 2023 05:38pm

Business & Finance

Debt piling up: Borrowing reliance surging to finance twin deficits: World Bank

ISLAMABAD: The World Bank on Friday said Pakistan’s economic model is unsuitable because the country’s borrowing...

Published 23 Sep, 2023 05:58am

Business & Finance

Annual meetings of IMF, WBG Board in October: WB invites Shamshad

ISLAMABAD: The World Bank’s Country Director Najy Benhassine has extended an invitation to caretaker Finance...

Published 22 Sep, 2023 03:33am

Award of ‘dubious’ contract to German firm: Senate panel accuses World Bank official and power secretary of ‘conniving’ with NTDC

ISLAMABAD: The Senate Standing Committee on Power on Thursday accused Country Director World Bank, Najy Benhassine,...

Updated 15 Sep, 2023 09:50am

Backward areas of Balochistan: World Bank official briefs PM

ISLAMABAD: World Bank Country Director Najy Benhassine, on Monday, met with the Caretaker Prime Minister, Anwaarul...

Updated 12 Sep, 2023 08:51am

Business & Finance

World Bank official, Shamshad discuss economic situation

Dr Akhtar appreciates institution's role as one of the major development partners of Pakistan

Updated 06 Sep, 2023 10:21am

Business & Finance

Country receives $4.4bn from WB, ADB in FY2022-23

ISLAMABAD: Pakistan received $ 4.4 billion from the World Bank and Asian Development Bank (ADB) in the fiscal year...

Published 28 Jul, 2023 03:02am

‘Green channel’ facility: FBR increases clearance of imports and exports to 66pc

ISLAMABAD: In a major trade facilitation step, the Federal Board of Revenue (FBR) has increased the clearance of...

Updated 21 Jul, 2023 09:29am

Business & Finance

WB board approves $100m for Punjab family planning programme

ISLAMABAD: The World Bank’s Board of Executive Directors has approved $100 million for the Punjab Family Planning...

Published 14 Jul, 2023 06:22am

Pakistan

World Bank approves $46mn financing for KPK’s healthcare sector

Funding will support both supply and demand side interventions to improve health service delivery in the province

Updated 07 Jul, 2023 08:34pm

Business & Finance

Flood victims: World Bank approves $213m financing

ISLAMABAD: The World Bank’s Board of Executive Directors has approved $213 million in financing to improve...

Published 27 May, 2023 06:09am

Closing dates of two CASA-1000 financial agreements extended

ISLAMABAD: The International Development Association has extended closing dates of two financing agreements of...

Updated 10 Apr, 2023 08:31am

Pakistan

Bara tehsil of District Khyber: World Bank team visits different PCSP-financed sites

ISLAMABAD: A senior delegation of the World Bank Pakistan led by the Country Director, Najy Benhassine, visited...

Published 01 Mar, 2023 06:21am

$32.3m IDA credit for T4HP given extension by World Bank

ISLAMABAD: The World Bank (WB) has extended IDA credit meant to finance Tarbela 4 Hydropower Project (T4HP) till...

Updated 21 Feb, 2023 08:58am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Petrol/Litre / Nov 21	248.38
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,662.71
Diesel/Litre / Nov 21	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

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Budget 2024-25: income tax calculator for FY25

Najy Benhassine

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