Trends - budget 2023 - Business Recorder

budget 2023

Balochistan govt presents Rs750 billion budget for 2023-24

Rs437 billion have been allocated for non-development expenditure

Updated 19 Jun, 2023 10:39pm

Ahsan responds to Bilawal: ‘Don’t criticise govt in political rallies’

KARACHI: A day after PPP Chairman Bilawal Bhutto-Zardari rejected the recently unveiled budget, Planning Minister...

Updated 19 Jun, 2023 09:12am

Pakistan

Allies need to own decisions, says Ahsan Iqbal after Bilawal’s concerns on budget

Federal Minister for Planning and Development Ahsan Iqbal said on Sunday that all coalition partners needed to own...

Published 18 Jun, 2023 08:42pm

Pakistan

Balochistan budget for FY 2023-24 to be presented on Monday

The Balochistan government will present the budget for the fiscal year 2023-24 on Monday (tomorrow), the Finance...

Published 18 Jun, 2023 08:23pm

Pakistan

Punjab assembly officers asked to report at Aiwan-e-Iqbal

LAHORE: Acting Secretary Punjab Assembly Amir Habib on Saturday issued office order that heads of Legislation...

Published 19 Jun, 2022 06:06am

Opinion

An unsustainable development model

Far be it from me to add to the reams of newsprint and hours of air time devoted to the federal budget 2022-23...

Published 14 Jun, 2022 05:56am

Opinion

In praise of praise

Prime minister Shehbaz Sharif has heaped praise on the overall direction of federal budget 2022-23, arguing that the...

Published 14 Jun, 2022 05:56am

Business & Finance

IMF says Pakistan budget needs additional measures to meet goals

ISLAMABAD: Additional measures will be needed to bring Pakistan's budget for FY2022-23 in line with the key...

Updated 14 Jun, 2022 09:57am

Opinion

Budget 2022-23

The budget for 2022-23 is reminiscent of the unrealism of Miftah Ismail’s 2018-19 budget presented on 27 April ...

Updated 13 Jun, 2022 03:03pm

Markets

KSE-100 jumps 0.44% on budget optimism

Appreciation of rupee against dollar enhances investor confidence

Updated 09 Jun, 2022 09:50pm

Pakistan

Reforms in Budget 2022-23 will please IMF, says Miftah Ismail

Finance Minister Miftah Ismail on Thursday said reforms that will be introduced through the Budget 2022-23, set to ...

Published 09 Jun, 2022 07:36pm

Pakistan

Budget to focus on fiscal consolidation and sustaining growth: Miftah Ismail

Finance minister says Pakistan will reduce budget deficit to 5% next year from the current 8-9%

Updated 07 Jun, 2022 07:08pm

Pakistan

SBP, govt refute 'baseless' claims on proposal to restrict foreign currency accounts

Ministry of Finance and central bank's joint statement comes in response to claims on social media that govt was considering putting restrictions on withdrawals from Foreign Currency Accounts, Roshan Digital Accounts and Safety Deposit Lockers

Published 06 Jun, 2022 05:53pm

Business & Finance

Govt to prioritise agriculture and exports in upcoming budget: Miftah

Will impose more taxes on the wealthy but no taxes will be levied on the salaried class, says finance minister

Updated 06 Jun, 2022 06:29pm

Banks: govt mulling raising super tax rate

ISLAMABAD: The Federal Board of Revenue (FBR) will propose “Super Tax” on certain sectors having annual turnover...

Updated 31 May, 2022 10:11am

Business & Finance

Asim Ahmad appointed FBR chairman again, replaces Ashfaq Ahmad

Ashfaq's stint lasted less than a year

Updated 27 Apr, 2022 04:49pm

Business & Finance

Budget deficit to balloon to Rs5.6tr in FY22, says Miftah as he slams PTI's economic policies

In press conference on Tuesday, PML-N leader says adding amount of supplementary grant would take deficit's total to Rs6.4tr

Updated 12 Apr, 2022 10:13pm

Pakistan

Deal with IMF: PSDP faces grim prospect of major cut

ISLAMABAD: The Ministry of Planning, Development, and Special Initiatives (MoPD&SI) has finalised a reduction of...

Updated 05 Apr, 2022 12:47pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 20	278.70
USD PKR Interbank Buying / Jan 20	278.50
USD to Japanese Yen / Jan 20	154.99
USD to Swiss Franc / Jan 20	0.91
Pound Sterling to USD / Jan 20	1.23
Euro to USD / Jan 20	1.04

Stock	Volume
S&P 500 / Jan 17	5,996.66
Nasdaq / Jan 17	19,630.20
Dow Jones / Jan 17	43,487.83
India Sensex / Jan 20	77,073.44
Tokyo Nikkei / Jan 20	38,951.77
Hang Seng / Jan 20	20,075.11
FTSE 100 / Jan 20	8,520.54
Germany DAX 30 / Jan 20	20,990.31

Item	Value
Crude Oil USD/Barrel / Jan 20	76.74
Karachi Cotton PKR/37.32 KG / Jan 20	18,785
Gold 10 Grams PKR / Jan 20	242,541
Gold Spot USD/Ounce / Jan 20	2,724.84
Cotton US¢/pound / Jan 20	67.80
Petrol/Litre / Jan 21	256.13

Gainers
Losers
Leaders

Stock	Price
Bank Makramah / Jan 21 Bank Makramah Limited(BML)	3.78 ▲ 0.38 (11.18%)
Globe Residency / Jan 21 Globe Residency REIT(GRR)	17.36 ▲ 1.58 (10.01%)
Leather Up Ltd. / Jan 21 Leather Up Limited(LEUL)	25.06 ▲ 2.28 (10.01%)
Olympia Mills / Jan 21 Olympia Mills Limited(OML)	35.65 ▲ 3.24 (10.00%)
Pak Engineering / Jan 21 Pakistan Engineering Company Limited(PECO)	671.22 ▲ 61.02 (10.00%)
D.M. Textile / Jan 21 D.M. Textile Mills Limited(DMTX)	77.59 ▲ 7.05 (9.99%)
Power Cem(Pref) / Jan 21 Power Cement (Pref)(POWERPS)	12.77 ▲ 1.16 (9.99%)
Calcorp Ltd / Jan 21 Calcorp Limited(CASH)	38.70 ▲ 3.50 (9.94%)
Popular Islamic / Jan 21 Popular Islamic Modaraba(PIM)	12.67 ▲ 1.14 (9.89%)

Stock	Price
Sanghar Sugar / Jan 21 Sanghar Sugar Mills Limited(SANSM)	22.51 ▼ -2.48 (-9.92%)
Zahid Jee Textile / Jan 21 Zahidjee Textile Mills Limited(ZAHID)	27.26 ▼ -2.95 (-9.76%)
Suhail Jute / Jan 21 Suhail Jute Mills Limited(SUHJ)	102.50 ▼ -10.97 (-9.67%)
Sana Ind / Jan 21 Sana Industries Limited(SNAI)	28.06 ▼ -2.94 (-9.48%)
Shadab Textile / Jan 21 Shadab Textile Mills Limited(SHDT)	20.50 ▼ -2.07 (-9.17%)
Fateh Sports / Jan 21 Fateh Sports Wear Limited(FSWL)	72.50 ▼ -6.07 (-7.73%)
Faran Sugar / Jan 21 Faran Sugar Mills Limited(FRSM)	44.81 ▼ -3.29 (-6.84%)
Pakgen Power / Jan 21 Pakgen Power Limited(PKGP)	101.20 ▼ -6.80 (-6.30%)
GOC (Pak) / Jan 21 GOC (Pak) Limited.(GOC)	64.99 ▼ -4.10 (-5.93%)

Stock	Volume
Lotte Chemical / Jan 21 Lotte Chemical Pakistan Limited(LOTCHEM)	59,473,543 ▼ -0.16
Bank Makramah / Jan 21 Bank Makramah Limited(BML)	57,800,421 ▲ 0.38
WorldCall Telecom / Jan 21 Worldcall Telecom Limited(WTL)	56,891,848 ▲ 0.00
Fauji Cement / Jan 21 Fauji Cement Company Limited(FCCL)	32,521,159 ▲ 1.53
Hascol Petrol / Jan 21 Hascol Petroleum Limited(HASCOL)	24,273,766 ▲ 0.00
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	22,896,108 ▼ -0.73
Hub Power Co. / Jan 21 The Hub Power Company Limited(HUBC)	21,405,956 ▼ -1.99
Citi Pharma Ltd / Jan 21 Citi Pharma Ltd.(CPHL)	19,827,701 ▲ 2.95
Maple Leaf Cement / Jan 21 Maple Leaf Cement Factory Limited(MLCF)	19,744,679 ▲ 0.29

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