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Pakistan economy

Fazl says concerned at country’s ‘weak’ foreign policy

MARDAN: Jamiat-e-Ulema Islam -Fazal (JUI-F) chief Maulana Fazlur Rehman has lamented that international treaties ...

Published 18 Dec, 2023 06:42am

Pakistan

PIDE, UNFPA reveal women’s underappreciated, unacknowledged role in economy

ISLAMABAD: Joint research studies carried out by the Pakistan Institute of Development Economics (PIDE) and the UN...

Published 15 Dec, 2023 03:12am

Opinion

Debt – a source of rising concern

During the ongoing World Bank/International Monetary Fund (IMF) spring annual meeting Gita Gopinath, the First ...

Published 17 Apr, 2023 06:41am

Opinion

Politics over economy

“As I have been arguing for a long time now, there is a real need not simply for a political economy of wealth but...

Published 06 Apr, 2023 06:20am

Opinion

A possible way forward–I

Pakistan today is perilously close to declaring its inability to settle its external debt obligations. Default. What...

Published 03 Apr, 2023 06:36am

Editorials

SBP’s dilemma: battered economy, high inflation

EDITORIAL: The SBP (State Bank of Pakistan) is scheduled to announce its monetary policy on 4th April. According to...

Updated 03 Apr, 2023 12:45pm

Pakistan

Technical-level talks with IMF are over: Ishaq Dar

Finance minister holds back from giving timeline on when deal will be inked

Updated 30 Mar, 2023 08:53pm

Editorials

We are Pakistanis, firstly and lastly

EDITORIAL: Today, it has been 83 years since a historic resolution was passed for establishment of a separate...

Published 23 Mar, 2023 05:47am

Editorials

The floundering economy

EDITORIAL: Current account deficit has declined 67 percent to 3.8 billion dollars (July-January 2022-23) against...

Published 27 Feb, 2023 06:17am

World

Pakistan, Uzbekistan sign $1bn trade deal

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

Updated 24 Feb, 2023 06:53pm

Pakistan

Crumbling Pakistan economy puts children’s futures on hold

LAHORE: Sixteen-year-old Nadia makes the one-hour journey to and from her employer’s house on foot each day,...

Updated 24 Feb, 2023 05:57pm

Pakistan

Pakistan will need another IMF programme in June: Dr Murtaza Syed

Calls Pakistan's economic crisis the worst in history steered by domestic and global reasons

Updated 24 Feb, 2023 05:53pm

China debt: FO seeks to ease US concerns

ISLAMABAD: The Foreign Office on Thursday responded to US concerns over Chinese debt and emphasised that being a...

Updated 24 Feb, 2023 11:49am

Opinion

Does Pakistan need domestic debt restructuring?

There is growing consensus over the need for debt restructuring within the policymaking community. However, many...

Published 13 Feb, 2023 06:03am

EAG concerned at ‘inadequate’ SBP response

Economic Advisory Group stresses the need for meaningful reforms to achieve sustainable growth, instead of relying on policies that become a source of economic instability

Updated 30 Jan, 2023 09:22am

Sukuks: Dar seeks guidance from clerics

Expresses commitment of government to promote Islamic finance and eliminate interest-based system

Updated 28 Jan, 2023 08:56am

Pakistan

PM says agreement with IMF to be reached this month

ISLAMABAD: Prime Minister Shehbaz Sharif Friday expressed optimism about an agreement with the International ...

Published 28 Jan, 2023 06:20am

Perspectives

Summing up one of Pakistan's worst economic crisis

Pakistan’s economy is currently passing through one of its worst phases in history, as the cash-strapped country...

Updated 18 Jan, 2023 10:47am

Donors pledge more than $9bn to help flood recovery

ISLAMABAD: Pakistan said Monday it had received pledges of more than $9 billion at an international conference...

Updated 10 Jan, 2023 08:58am

Opinion

Energy sector reforms — I

My previous op-ed, summed up Pakistan’s gas supply position vis-à-vis the current demand, prevailing geo-political...

Published 29 Dec, 2022 05:59am

Dar dismisses sovereign default threat

Says country’s economic problems are ‘temporary’

Updated 01 Dec, 2022 09:50am

Pakistan

Talks with IMF, World Bank: Ishaq Dar expects positive outcome

Finance minister says everything went well during interactions

Published 19 Oct, 2022 04:47pm

Pakistan

Dar optimistic Pakistan's economic growth can surpass 3% in FY23

Central bank had projected growth to decline to 2% in FY23, amid devastation induced by flash floods

Updated 19 Oct, 2022 05:27pm

Pakistan

PTI stages protest

ISLAMABAD: A large number of people from the twin cities of Islamabad and Rawalpindi on Saturday took to the street...

Updated 25 Sep, 2022 10:16am

Business & Finance

Economic challenges: Minister underscores need for structural reforms of lasting nature

ISLAMABAD: Minister of State for Finance, Dr Aisha Ghaus Pasha Monday called for undertaking structural reform to ...

Published 23 Aug, 2022 06:51am

Pakistan

Moody's, Fitch expect Pakistan to secure $1.2bn IMF bailout package

Fitch, however, cautions Pakistan’s ability to complete the current programme and maintain a credible policy path that supports further financing remains highly uncertain

Updated 27 Jul, 2022 03:38pm

Pakistan

In Twitter thread, economist Atif Mian highlights Pakistan's economic woes

Says Pakistan stands out in how poorly its median citizen fares on basic needs such as education and health, even when compared to countries with similar income per capita

Published 21 Jul, 2022 11:35pm

Pakistan

Pakistan hopeful of nearly $2bn inflow after IMF clubs 7th and 8th reviews

At event in Islamabad, PM Shehbaz says assistance from China and IMF will help Pakistan bring investment, and increase export earnings

Updated 28 Jun, 2022 06:17pm

Business & Finance

Pakistan, IMF begin crucial talks in Doha as economy stumbles

Will discuss revival of stalled $6 billion Extended Fund Facility (EFF) programme

Updated 18 May, 2022 02:17pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 30	278.58
USD PKR Interbank Buying / Dec 30	278.43
USD to Japanese Yen / Dec 30	156.45
USD to Swiss Franc / Dec 30	0.90
Pound Sterling to USD / Dec 30	1.26
Euro to USD / Dec 30	1.04

Stock	Volume
S&P 500 / Dec 30	5,906.94
India Sensex / Dec 30	78,248.13
Tokyo Nikkei / Dec 30	39,894.54
Nasdaq / Dec 30	19,486.79
Hang Seng / Dec 30	20,111.38
FTSE 100 / Dec 30	8,121.01
Dow Jones / Dec 30	42,573.73
Germany DAX 30 / Dec 30	19,909.14

Item	Value
Crude Oil USD/Barrel / Dec 30	71.36
Karachi Cotton PKR/37.32 KG / Dec 30	17,785
Gold 10 Grams PKR / Dec 30	241,430.80
Gold Spot USD/Ounce / Dec 30	2,604.69
Cotton US¢/pound / Dec 30	68.76
Petrol/Litre / Dec 31	252.10

Gainers
Losers
Leaders

Stock	Price
Hira Textile / Dec 31 Hira Textile Mills Limited(HIRAT)	3.87 ▲ 0.57 (17.27%)
Gulshan Sp. / Dec 31 Gulshan Spinning Mills Limited(GSPM)	4.63 ▲ 0.63 (15.75%)
Pak Int.Bulk / Dec 31 Pakistan International Bulk Terminal(PIBTL)	9.38 ▲ 1.00 (11.93%)
LSE Financial Serv. / Dec 31 LSE Financial Services Limited(LSEFSL)	15.70 ▲ 1.43 (10.02%)
Chakwal Spinning / Dec 31 Chakwal Spinning Mills Limited(CWSM)	64.67 ▲ 5.88 (10.00%)
Ellcot Spinning / Dec 31 Ellcot Spinning Mills Limited(ELSM)	114.40 ▲ 10.40 (10.00%)
Liven Pharma / Dec 31 Liven Pharma Limited(LIVEN)	150.54 ▲ 13.69 (10.00%)
Suhail Jute / Dec 31 Suhail Jute Mills Limited(SUHJ)	131.86 ▲ 11.99 (10.00%)
Pak Stock Exchange / Dec 31 Pakistan Stock Exchange Limited(PSX)	27.75 ▲ 2.52 (9.99%)

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)	203.81 ▼ -22.65 (-10.00%)
Shahmurad Sugar / Dec 31 Shahmurad Sugar Mills Limited(SHSML)	425.82 ▼ -47.31 (-10.00%)
Olympia Mills / Dec 31 Olympia Mills Limited(OML)	36 ▼ -3.89 (-9.75%)
Zephyr Textile / Dec 31 Zephyr Textiles Limited(ZTL)	10.55 ▼ -0.96 (-8.34%)
Sec. Inv. Bank / Dec 31 Security Investment Bank Limited(SIBL)	8.25 ▼ -0.74 (-8.23%)
Asia Ins. / Dec 31 Asia Insurance Company Limited(ASIC)	13 ▼ -0.99 (-7.08%)
Noon Sugar / Dec 31 Noon Sugar Mills Limited(NONS)	84.10 ▼ -6.24 (-6.91%)
Faisal Sp. / Dec 31 Faisal Spinning Mills Limited(FASM)	301.02 ▼ -19.10 (-5.97%)

Stock	Volume
Cnergyico PK / Dec 31 Cnergyico PK Limited(CNERGY)	125,613,935 ▲ 0.63
WorldCall Telecom / Dec 31 Worldcall Telecom Limited(WTL)	111,551,930 ▲ 0.00
B.O.Punjab / Dec 31 The Bank of Punjab(BOP)	84,182,656 ▼ -0.06
Silk Bank Ltd / Dec 31 Silkbank Limited(SILK)	48,777,302 ▼ -0.01
K-Electric Ltd. / Dec 31 K-Electric Limited(KEL)	45,320,218 ▲ 0.09
Pak Elektron / Dec 31 Pak Elektron Limited(PAEL)	36,348,761 ▲ 0.30
Sui South Gas / Dec 31 Sui Southern Gas Company Limited(SSGC)	30,315,237 ▼ -0.66
Pak Int.Bulk / Dec 31 Pakistan International Bulk Terminal(PIBTL)	29,958,060 ▲ 1.00
Fauji Foods Ltd / Dec 31 Fauji Foods Limited(FFL)	29,105,477 ▲ 0.77

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Pakistan economy

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