News stories for Dr Sajjad Akhtar

Dr Sajjad Akhtar

Opinion

In search for an export-led growth strategy: a piloting attempt—II

The third block of this piloting exercise is the fiscal block and draws its inspiration from the above document plus...

Updated 22 Jan, 2026 06:33am

Opinion

In search for an export-led growth strategy: a piloting attempt—I

Recent reports from the World Bank and comments from officials confirm Pakistan’s current growth model, reliant on...

Updated 15 Jan, 2026 07:03am

Opinion

SBP policy rate cycles: is a trough around the corner?

With the last downward revision of policy rate to 11 percent in May’25, the intriguing question for FY26 is ...

Published 16 Jul, 2025 06:11am

Opinion

Dissecting Uraan Pakistan—II

How to meet the export target or reduce imports to achieve the target of foreign exchange reserves? In addressing...

Published 20 May, 2025 06:45am

Opinion

Dissecting Uraan Pakistan—I

Since 90s Pakistan witnessed flood of Plans, Visions, Development Frameworks and Reform agendas by multilaterals,...

Published 14 May, 2025 07:01am

Opinion

US tariffs: what is on the table?

With the announcement of our FM that a high-level delegation will soon leave for Washington for talks on tariffs...

Updated 09 Apr, 2025 06:20am

Opinion

Dilemmas facing downward interest rate cycle

Once again, the economist community is busy in speculating how much the policy rate will fall in the upcoming ...

Published 03 Nov, 2024 07:08am

Opinion

PDM 2.0: Dilemma for the IMF

With the green signal given by the incoming PDM 2.0 to the Ministry of Finance to initiate ground work for another...

Published 13 Mar, 2024 06:32am

Opinion

Reform mantra: the new kid on the block

Since late 1980s the origin of reform mantra is solely in the domain of the multilateral agencies. In the last one...

Published 01 Feb, 2024 04:52am

Opinion

An anatomy of economic clichés/mantras of 2023—II

It would not be out of place to state that a smaller group of economists in the community in these forums also...

Published 14 Jan, 2024 03:13am

Opinion

An anatomy of economic clichés/mantras of 2023—I

Last three months of 2023 have witnessed an avalanche of economic annual meetings, conferences, economic fest and...

Published 12 Jan, 2024 03:06am

Opinion

Another hybrid body needed to widen the tax net

The addition of Special Facilitation Investment Council (SFIC) to the already existing hybrid organization and...

Updated 21 Jul, 2023 07:12am

Opinion

Time for ‘radical’ and fast-paced economic reforms — II

For more than a decade, the entire PSDP (Public Secotor Development Programme) is based on foreign loans, which...

Updated 02 Feb, 2023 06:42am

Opinion

Time for ‘radical’ and fast-paced economic reforms–I

Just as the intellectuals have proposed ‘radical’ reforms in the area of governance and decentralization, there...

Updated 26 Jan, 2023 06:20am

Opinion

Waiting for ‘manna from heaven’

After the receding flood waters from hell, the GOP is now waiting anxiously for ‘manna from heaven’ from heavenly...

Published 30 Nov, 2022 06:23am

Opinion

IMF and the ‘pseudo’ national govt

With the regime change completed in Pakistan, the geo-politico-economic situation is so fluid and intertwined that...

Published 13 Apr, 2022 06:03am

Opinion

Tail-end of IMF programme: some likely scenarios

With the successful sixth review board meeting of the IMF held on Feb 2, the uncertainty surrounding it has ended ...

Published 08 Feb, 2022 06:10am

Opinion

PKR: stop talking the issue down

It is interesting to note how history repeats itself in case of PKR/USD exchange rate dynamics in Pakistan....

Published 01 Dec, 2021 03:52am

Opinion

End of the free rides with IMF?

Let me start with a fundamental question: Does the latest indication by the Adviser to the PM on finance, Shaukat...

Updated 18 Nov, 2021 09:44am

Opinion

PKR: managing common currency area

The rupee slide in recent weeks suggests that the traditional arguments of elevated current account deficits, ...

Updated 10 Nov, 2021 09:54am

BR100
BR30
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KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 3	278.65
USD PKR Interbank Buying / Jun 3	278.45
USD to Japanese Yen / Jun 3	159.93
USD to Swiss Franc / Jun 3	0.79
Pound Sterling to USD / Jun 3	1.34
Euro to USD / Jun 3	1.16
SOFR % / Jun 3	3.63

Stock	Volume
S&P 500 / Jun 3	7,553.68
India Sensex / Jun 3	74,346.17
Tokyo Nikkei / Jun 3	68,402.13
Nasdaq / Jun 3	26,853.97
Hang Seng / Jun 3	25,633.21
FTSE 100 / Jun 3	10,332.30
Dow Jones / Jun 3	50,687.07
Germany DAX 30 / Jun 3	24,795.94
France CAC40 / Jun 3	8,150.42

Item	Value
Crude Oil USD/Barrel / Jun 3	95.34
Gold 10 Grams PKR / Jun 3	401,030
Gold Spot USD/Ounce / Jun 3	4,452.30
Cotton US¢/pound / Jun 3	80.51
Petrol/Litre / Jun 4	381.78
Diesel/Litre / Jun 4	380.78

Gainers
Losers
Leaders

Stock	Price
Azgard Nine (Non-Voti) / Jun 4 Azgard Nine (Non-Voti)(ANLNV)	8.42 ▲ 0.99 (13.32%)
First IBL Mod. / Jun 4 First IBL Modaraba(FIBLM)	11.41 ▲ 1.04 (10.03%)
Ruby Textile / Jun 4 Ruby Textile Mills Limited(RUBY)	18.67 ▲ 1.7 (10.02%)
Universal Ins. / Jun 4 The Universal Insurance Company Limited(UVIC)	25.59 ▲ 2.33 (10.02%)
Tri-Star Power / Jun 4 Tri-Star Power Limited(TSPL)	15.38 ▲ 1.4 (10.01%)
Pak Synthetics / Jun 4 Pakistan Synthetics Limited(PSYL)	127.36 ▲ 11.58 (10%)
Zuma Resources / Jun 4 Zuma Resources Limited(ZUMA)	72.62 ▲ 6.6 (10%)
Askari Life Assur. / Jun 4 Askari Life Assurance Company Limited(ALAC)	21.16 ▲ 1.92 (9.98%)
Asia Ins. / Jun 4 Asia Insurance Company Limited(ASIC)	37 ▲ 3.16 (9.34%)
Grays Leasing / Jun 4 Grays Leasing Limited(GRYL)	22.80 ▲ 1.91 (9.14%)

Stock	Price
Khairpur Sug. / Jun 4 Khairpur Sugar Mills Limited(KPUS)	1,948.15 ▼ -216.46 (-10%)
Popular Islamic / Jun 4 Popular Islamic Modaraba(PIM)	21.61 ▼ -1.96 (-8.32%)
Kohat Textile / Jun 4 Kohat Textile Mills Limited(KOHTM)	77.50 ▼ -4.98 (-6.04%)
Ahmad Hassan / Jun 4 Ahmad Hassan Textile Mills Limited(AHTM)	80 ▼ -5.11 (-6%)
Frontier Ceramics / Jun 4 Frontier Ceramics Limited(FRCL)	75.01 ▼ -4.16 (-5.25%)
Shadman Cotton / Jun 4 Shadman Cotton Mills Limited(SHCM)	47.40 ▼ -2.48 (-4.97%)
Dawood Equities / Jun 4 Dawood Equities Limited(DEL)	19.70 ▼ -0.86 (-4.18%)
Shahmurad Sugar / Jun 4 Shahmurad Sugar Mills Limited(SHSML)	358.11 ▼ -14.63 (-3.92%)
Data Agro / Jun 4 Data Agro Limited(DAAG)	78.65 ▼ -3.09 (-3.78%)
Paramount Spinning / Jun 4 Paramount Spinning Mills Limited(PASM)	6.46 ▼ -0.25 (-3.73%)

Stock	Volume
Beco Steel Ltd / Jun 4 Beco Steel Limited(BECO)	35,538,923 ▲ 0.29
Wasl Mobility Mod. / Jun 4 Wasl Mobility Modaraba(WASL)	11,323,075 ▲ 0.34
P.T.C.L. / Jun 4 Pakistan Telecommunication Company Ltd(PTC)	9,685,080 ▲ 2.07
TPL Properties / Jun 4 TPL Properties Limited(TPLP)	8,057,112 ▲ 0.48
Dewan Cement / Jun 4 Dewan Cement Limited(DCL)	7,115,104 ▲ 0.16
B.O.Punjab / Jun 4 The Bank of Punjab(BOP)	6,864,028 ▲ 0.38
Telecard Limited / Jun 4 Telecard Limited(TELE)	6,016,438 ▲ 0.39
Pak Int.Bulk / Jun 4 Pakistan International Bulk Terminal(PIBTL)	5,233,978 ▲ 0.42
Pak Qatar Family / Jun 4 Pak Qatar Family Takaful Limited(PAKQATAR)	5,142,788 ▲ 0.7
TPL Corp Ltd / Jun 4 TPL Corp Limited(TPL)	3,713,292 ▲ 0.32

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