Trends - Nathan Porter - Business Recorder

Nathan Porter

Roll back state control in economy, IMF tells govt

ISLAMABAD: The International Monetary Fund (IMF) has asked Pakistan to decrease State intervention in the economy...

Updated 17 Nov, 2024 12:59pm

Markets

IMF calls for reduced govt intervention, energy reforms in Pakistan’s economy

Washington-based lender's mission led by Nathan Porter states conclusion of a staff visit to Pakistan from November 12 to 15, 2024

Updated 16 Nov, 2024 04:30pm

NFP, agri tax review: Provincial govts to face IMF scrutiny today

ISLAMABAD: The International Monetary Fund (IMF) team is set to question the provincial governments on Friday (Nov...

Updated 15 Nov, 2024 09:20am

IMF briefed about recovery plan, local debt

ISLAMABAD: The Finance Division on Wednesday apprised the International Monetary Fund (IMF) on debt, external...

Updated 14 Nov, 2024 09:22am

Pakistan

IMF delegation meets Aurangzeb: Finance Divison

Senior officials, including FBR chairman and SBP governor, also present at meeting

Updated 12 Nov, 2024 10:48pm

Business & Finance

China, UAE, Saudi Arabia: Pakistan wins additional financing assurances: IMF

WASHINGTON: Pakistan has received “significant financing assurances” from China, Saudi Arabia and the United ...

Published 27 Sep, 2024 06:26am

Opinion

Old wine in new bottles

The incumbent government, as all earlier ones, is jubilant over securing a staff-level agreement with International...

Updated 19 Jul, 2024 07:04am

Business & Finance

IMF’s EFF: Notable progress made towards reaching SLA

ISLAMABAD: The International Monetary Fund (IMF) and the Pakistani authorities made significant progress towards...

Published 25 May, 2024 05:32am

Talks with IMF on next phase of engagement this week

ISLAMABAD: The International Monetary Fund (IMF) Mission is meeting with the Pakistani authorities this week to...

Updated 18 May, 2024 04:58pm

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

Markets

PBC calls for ‘5-year’ IMF programme in letter to lender

PBC believes front loading of targets by IMF stems from the relatively short-term programmes

Updated 04 Mar, 2024 08:02pm

Markets

IMF not onboard with energy ministry’s tariff rationalisation, circular debt management plans

Mission Chief Nathan Porter says circular debt ‘reduction plan’ entails fiscal risks given chain of transactions involved and would also continue use of supplementary grants

Updated 13 Feb, 2024 10:33pm

Pakistan

Pakistan’s future is ‘very bright’: IMF officials laud improvement in economic situation

It's one of the most important countries in the region and in the world. Pakistanis deserve much more,' says Bahador Bijani, IMF Executive Director

Updated 07 Dec, 2023 10:31pm

Forex reserves fall by $79m

KARACHI: The country’s total liquid foreign exchange reserves fell by $79 million during the last week due to...

Updated 17 Nov, 2023 08:39am

Quarterly targets: IMF team acknowledges govt efforts in its meeting with Kakar

IMF Mission Chief for Pakistan Nathan Porter says efforts have resulted in positive conclusion of the technical-level talks

Updated 16 Nov, 2023 09:52am

IMF, govt reach SLA on first SBA review

ISLAMABAD: The International Monetary Fund (IMF) staff and the Pakistani authorities have reached a staff-level...

Updated 16 Nov, 2023 09:36am

IMF-govt policy-level talks begin

ISLAMABAD: Caretaker Finance Minister Dr Shamshad Akhtar on Monday began policy-level talks with the visiting staff...

Updated 14 Nov, 2023 08:18am

Pakistan

Pakistan, IMF reach staff-level agreement on new $3bn stand-by arrangement

Agreement subject to approval by the IMF Executive Board, with its consideration expected by mid-July

Updated 30 Jun, 2023 11:11pm

IMF says govt has taken ‘decisive’ steps

ISLAMABAD: The International Monetary Fund (IMF) continues discussions with Pakistani authorities with the aim of...

Updated 28 Jun, 2023 09:01am

Markets

IMF should not interfere in Pakistan’s political, domestic affairs: Aisha Ghaus Pasha

Minister of State for Finance says IMF's comment on Pakistan's domestic affairs is 'extraordinary', wants 'uncertainty' on bailout to end

Updated 31 May, 2023 05:22pm

IMF continues its engagement with govt: Porter

Focusing on restoration of foreign exchange proper market functioning, passage of a fiscal year 2024 budget consistent with program goals, and adequate financing to pave way for a Board meeting before the current program expires at June-end

Updated 30 May, 2023 11:23am

IMF to wrap up bailout review once financing in place

ISLAMABAD: The International Monetary Fund (IMF) continues to work with the Pakistani authorities to bring the ninth...

Updated 06 May, 2023 09:00am

Pakistan

IMF reiterates ‘necessary financing’ condition for completion of Pakistan’s ninth review

Says it supports authorities in implementation of policies in the period ahead, including in the technical work to prepare the FY24 budget

Updated 05 May, 2023 03:12pm

Pakistan

IMF wants more 'necessary funding assurances' for successful completion of Pakistan's 9th review

Mission Chief for Pakistan Nathan Porter says there was agreement between Pakistani delegation and IMF staff/management to maintain strong policies and secure sufficient financing

Updated 15 Apr, 2023 08:31pm

Pakistan

Dar meets IMF review mission, apprises it of planned power sector reforms

Finance Division says IMF Mission Chief Nathan Porter has expressed confidence government will meet requirements for completion of 9th review

Updated 31 Jan, 2023 07:37pm

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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Nathan Porter

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