Trends - budget 2023 24 - Business Recorder

budget 2023 24

Lapse of allocated development funds: Efforts to be made to find a solution, Dar tells NA

ISLAMABAD: Amid pressing demands by the lawmakers to find a way out to avoid the lapse of the allocated development...

Published 21 Jun, 2023 05:21am

Business & Finance

Traders hail Punjab caretaker CM for presenting ‘tax-free budget’

LAHORE: The caretaker Punjab Chief Minister Mohsin Naqvi in a meeting with the delegation of traders; reiterated his...

Published 21 Jun, 2023 05:21am

Business & Finance

Khyber Pakhtunkhwa caretaker govt presents budget for four months

Rs462.16 billion has been set aside for expenses and Rs112 billion for development

Updated 20 Jun, 2023 07:30pm

Opinion

FBR’s revenue target

The federal budget for 2023-24 was announced recently. There was the expectation that the fiscal efforts for ...

Published 20 Jun, 2023 03:16am

Senate wraps up budget debate

ISLAMABAD: What appeared to be an embarrassment for the upper house of the parliament, Finance Minister Ishaq Dar...

Updated 20 Jun, 2023 08:57am

Budget debate: Over Rs41.367trn charged expenditure to be tabled in NA

ISLAMABAD: The federal government would table more than Rs41.367 trillion charged expenditure included in Demands...

Updated 20 Jun, 2023 08:55am

Business & Finance

Balochistan govt presents Rs750 billion budget for 2023-24

Rs437 billion have been allocated for non-development expenditure

Updated 19 Jun, 2023 10:39pm

Opinion

Residual thoughts on FY24 budget

The budget 2023-24 envisages 23.7 billion dollars of external borrowing – an amount premised on a rupee dollar...

Published 19 Jun, 2023 07:12am

Editorials

Budget doesn’t help govt broaden tax base

EDITORIAL: The International Monetary Fund (IMF) has lamented the missed opportunity to broaden the tax base in the...

Published 19 Jun, 2023 07:08am

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

4-month budget: KP govt finalises expenditure proposals

PESHAWAR: A high level meeting held here on Sunday with Caretaker Chief Minister Khyber Pakhtunkhwa Muhammad Azam...

Updated 19 Jun, 2023 09:11am

Business & Finance

UBG demands waiver of freight tax

KARACHI: The chairman of United Business Group (UBG), Shahzad Malik, has complimented the FBR team for compiling an...

Published 19 Jun, 2023 06:55am

Hike in power tariff widely expected

Federal government mulls an increase in electricity tariff of up to Rs 5 per unit

Updated 19 Jun, 2023 11:37am

Balochistan budget today

QUETTA: The Balochistan government will unveil fiscal year 2023-24 budget on Monday with an expected outlay of more...

Updated 19 Jun, 2023 09:15am

Opinion

Understanding and addressing fault lines-III

Published 18 Jun, 2023 06:41am

Rs5trn collected from Centre, provincial resources: Rs2.6trn spent on pays and pensions of govt employees in 5 years

KARACHI: The Opposition continued its criticism but the chief minister painted a rosy picture of his uplift work in...

Updated 18 Jun, 2023 10:22am

Bilawal says PPP fully ready for general election

PESHAWAR: Pakistan Peoples Party (PPP) chairman and Foreign Minister Bilawal Bhutto Zardari on Saturday said general...

Updated 18 Jun, 2023 10:26am

Business & Finance

FPCCI chief speaks about various budget ‘anomalies’

KARACHI: President Federation of Pakistan Chambers of Commerce and Industry (FPPCI) Irfan Iqbal Sheikh has said ...

Published 18 Jun, 2023 06:07am

Business & Finance

Business community worried over relations with IMF: Mian Zahid

KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, Mian...

Published 18 Jun, 2023 06:07am

PM lays focus on solar energy imperative

Reviews process of formulation of policy regarding alternative sources of energy especially solar

Updated 18 Jun, 2023 09:52am

Expert says country would not default

Ashfaq Tola says govt has not introduced any tax amnesty scheme in the budget and that any ambiguity related to such a scheme would be resolved before the International Monetary Fund (IMF)

Updated 18 Jun, 2023 07:49pm

Debate in National Assembly: GDA assails govt over budget

ISLAMABAD: The treasury benches received flak from Saira Bano of Grand Democratic Alliance (GDA) who termed the...

Updated 18 Jun, 2023 10:16am

Pakistan

Opposition in Sindh PA assails govt over ‘poor’ performance

KARACHI: Opposition on Friday censured the PPP government for its “failure” to develop the province in its...

Published 17 Jun, 2023 06:13am

Opinion

An over-ambitious growth target

This is apropos a Business Recorder op-ed ‘Impediments to a viable economy’ carried by the newspaper yesterday....

Published 17 Jun, 2023 06:13am

Opinion

Elusive IMF bailout: the end of the road?

The International Monetary Fund (IMF) and the country’s political situation are the two main issues that are...

Updated 17 Jun, 2023 07:10am

Opinion

Don’t take IMF seriously?

“Alice in wonderland” is an all time classic and one of my favourite books. It is about the story of a ...

Updated 17 Jun, 2023 07:08am

FY2023-24 budget: Govt describes tax exemptions as growth ‘triggers’

Says it is sustainable path to provide employment and livelihood to common citizen

Updated 17 Jun, 2023 09:00am

Bonus share, super tax: Senate panel rejects all sections of Finance Bill

All deferred items of Customs Act were accepted after due deliberation

Updated 17 Jun, 2023 12:37pm

Reserves, IMF term: $1bn Chinese loan received

KARACHI: Pakistan on Friday night received $1 billion inflows from China as loan to build the depleting foreign...

Updated 17 Jun, 2023 08:58am

Response to MPs’ queries about IMF: Dar says ‘odd politics’ being played against country

ISLAMABAD: Finance Minister Ishaq Dar on Friday said odd politics is being played against Pakistan, in response to...

Updated 17 Jun, 2023 08:59am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 2	278.40
USD PKR Interbank Buying / May 2	278.20
USD to Japanese Yen / May 2	155.37
USD to Swiss Franc / May 2	0.91
Pound Sterling to USD / May 2	1.25
Euro to USD / May 2	1.07

Stock	Volume
S&P 500 / May 1	5018.39
Nasdaq / May 1	15605.48
Dow Jones / May 1	37903.29
India Sensex / May 2	74720.19
Tokyo Nikkei / May 2	38236.07
Hang Seng / May 2	18192.04
FTSE 100 / May 2	8149.68
Germany DAX 30 / May 2	17906.01

Item	Value
Crude Oil USD/Barrel / May 2	79.53
Karachi Cotton PKR/37.32 KG / May 2	20000
Gold 10 Grams PKR / May 2	206619
Gold Spot USD/Ounce / May 2	2311.74
Cotton US¢/pound / May 2	77.01
Petrol/Litre / May 3	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 3 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 3 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 3 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 3 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 3 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 3 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 3 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 3 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 3 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 3 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 3 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 3 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 3 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 3 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 3 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 3 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 3 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 3 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 3 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 3 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 3 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 3 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 3 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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budget 2023 24

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