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NEC

2024-25: PSDP allocation for NHA cut to Rs161.264bn

ISLAMABAD: A mere two months into the fiscal year, the government slashed the Public Sector Development Programme...

Updated 02 Sep, 2024 09:37am

Rana-led panel to propose amendments aimed at clearly defining role of NEC

ISLAMABAD: Prime Minister Shehbaz Sharif has constituted an inter-ministerial committee headed by Advisor to Prime...

Updated 30 Aug, 2024 08:49am

Pakistan

Rs180.284bn allocated for 104 projects under PSDP

ISLAMABAD: The government has allocated Rs180.284 billion for 104 projects under the Public Sector Development...

Published 11 Jun, 2024 03:17am

Rs3.792trn development outlay approved

PM Shehbaz Sharif chairs meeting of the National Economic Council

Updated 11 Jun, 2024 09:34am

5-year plan to be submitted to NEC

ISLAMABAD: The government has reportedly prepared five-year (2024-2029) plan, which would be submitted to the...

Updated 10 Jun, 2024 09:02am

NEC to approve development plan, growth target today

ISLAMABAD: The National Economic Council (NEC) meeting has been convened today (Monday) to consider and approve...

Updated 10 Jun, 2024 09:23am

Opinion

Don’t slash PSDP allocations

Expectedly, the axe seems to have fallen on the country’s development budget as, according to media reports,...

Published 04 Jun, 2024 06:28am

Pakistan

Ministry to submit ‘NPF’ to NEC for approval

ISLAMABAD: The Ministry of Planning, Development and Special Initiatives will submit the National Planning Framework...

Published 12 Mar, 2024 04:28am

Ministry issues guidelines for PSDP 2024-25

ISLAMABAD: Ministry of Planning, Development and Special Initiatives has issued guidelines for Public Sector...

Updated 28 Feb, 2024 08:56am

Development budget: NEC approves suggestions of SIFC apex body

ISLAMABAD: The National Economic Council (NEC) has approved the recommendations of the Apex Committee of the Special...

Updated 30 Jan, 2024 08:47am

Pakistan

Pakistani national appointed as member of Albania’s NEC

ISLAMABAD: Prime Minister of Albania Edi Rama has appointed a Pakistani national, Tahseen Sayed, as a member of the...

Published 17 Jan, 2024 06:02am

SAP: govt disburses Rs409bn

ISLAMABAD: The federal government is said to have allocated/ disbursed Rs409 billion with the highest Rs116 billion...

Updated 06 Jan, 2024 05:19pm

Unbudgeted projects: Reappropriation of funds banned

Ministry of Planning, Development and Special Initiatives asks Ministries/ Divisions to place demand of rupee cover against foreign aid to the extent of expenditure to be incurred during CFY

Updated 11 Dec, 2023 09:52am

Pakistan

SDGs: Ministry voices concern over slow pace

ISLAMABAD: The Ministry of Planning, Development and Special Initiatives has expressed its concern over the slow ...

Published 29 Sep, 2023 06:24am

Provincial nature PSDP projects: Centre decides to make it mandatory for provinces to share 50pc cost

ISLAMABAD: The caretaker federal government has reportedly decided to make it mandatory for the provinces to share...

Updated 25 Sep, 2023 09:33am

Pakistan

President approves reconstitution of NEC

ISLAMABAD: President Dr Arif Alvi has approved the reconstitution of the National Economic Council (NEC) – a...

Published 02 Sep, 2023 06:30am

Development: NEC approves ‘megabudget’

ISLAMABAD: In a significant development for the country’s economic landscape, National Economic Council (NEC) held a...

Updated 04 Jul, 2023 09:09am

Pakistan

Ministry all set to launch ‘5Es Framework’

ISLAMABAD: The Ministry of Planning and Development and Special Initiatives is all set to launch 5Es Framework, a...

Published 08 Jun, 2023 06:30am

Pakistan

Rabbani demands formation of new NFC Award

ISLAMABAD: Former chairman Senate and senior Pakistan People’s Party (PPP) leader Mian Raza Rabbani on Wednesday...

Published 08 Jun, 2023 06:30am

NEC apprised about the key challenges facing economy

ISLAMABAD: The National Economic Council (NEC) was informed that political instability, escalating security...

Updated 08 Jun, 2023 09:32am

Business & Finance

PBF backs NEC decision of early markets closure

KARACHI: The Pakistan Business Forum (PBF) backs the decision of the National Economic Council (NEC) to close ...

Published 08 Jun, 2023 06:30am

Editorials

NEC decisions

EDITORIAL: Federal Minister for Planning, Development and Special Initiatives, Ahsan Iqbal, while briefing the media...

Published 08 Jun, 2023 06:30am

Pakistan

There will be no winners, say experts ahead of budget announcement

Trapped in economic crisis coupled with political instability and lingering IMF programme, govt seems to have its hands tied

Updated 07 Jun, 2023 08:35pm

Govt says 3.5pc growth target quite realistic

Federal Minister for Planning, Development and Special Initiatives, Ahsan Iqbal says National Economic Council has approved Rs1,150 billion federal development budget

Updated 07 Jun, 2023 10:30am

President reconstitutes NEC

ISLAMABAD: President Dr Arif Alvi has reconstituted National Economic Council (NEC) to be headed by Prime Minister...

Updated 29 Mar, 2023 07:34pm

Supplements

PJBF Director Honoured

TEXT: Pakistan Japan Business Forum is pleased to inform that Syed Feroz Alam Shah, Director of Pakistan Japan...

Published 30 Sep, 2022 05:52am

President approves NEC reconstitution

ISLAMABAD: President Dr Arif Alvi on Tuesday approved the reconstitution of the National Economic Council (NEC)...

Updated 08 Jun, 2022 10:05am

Pakistan

Noor Muhammad appointed NEC member

ISLAMABAD: Senior Minister for Finance Balochistan Noor Muhammad Dummar has been appointed member of National...

Published 18 Jan, 2022 04:20am

Pakistan

Opposition MNAs object to accountability ordinances

ISLAMABAD: Members of opposition parties of National Assembly Standing Committee on Law and Justice on Wednesday...

Published 25 Nov, 2021 03:53am

Clarification

ISLAMABAD: “The Ministry of Planning, Development and Special Initiatives strongly rebuts the news item, titled...

Published 26 Aug, 2021 02:20am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Petrol/Litre / Dec 21	252.10
Karachi Cotton PKR/37.32 KG / Dec 21	17,585

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

Markets →

Budget 2024-25: income tax calculator for FY25

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