Trends - budget deficit - Business Recorder

budget deficit

TPO: A test of reform

Pakistan’s taxation and trade enforcement systems remain highly inefficient. The Federal Board of Revenue (FBR) has...

Updated 04 Mar, 2025 06:58am

Opinion

Ebbing of external inflows

The release of information recently by multiple sources has highlighted some worrying trends in external financing...

Published 25 Feb, 2025 06:53am

H1 budget deficit 1.2pc of GDP

ISLAMABAD: Pakistan’s budget deficit was recorded at Rs1.5 trillion (1.2 percent of the GDP) in the first half (July...

Updated 09 Feb, 2025 09:52am

Editorials

Debt and risk management committee

EDITORIAL: The World Bank in a recent report urged Pakistan to establish a permanent “Debt and risk management...

Published 17 Jan, 2025 02:56am

Opinion

‘Fiscal outcome in the first quarter’

This is apropos a Business Recorder op-ed “Fiscal outcome in the first quarter” carried by the newspaper...

Published 06 Nov, 2024 07:00am

Business & Finance

Pakistan needs to finance budget deficit thru external borrowing, non-bank borrowing: study

ISLAMABAD: Pakistan needs to finance the budget deficit through external borrowing and non-bank borrowing as these...

Published 08 Oct, 2024 06:46am

World

Inside Macron’s pitch meeting with Wall Street as budget woes mount

NEW YORK/PARIS: French President Emmanuel Macron has given top US financiers a candid assessment of his country’s...

Published 05 Oct, 2024 06:43am

Business & Finance

Oil-rich Saudi projects budget deficit through 2027

RIYADH: The Arab world’s biggest economy Saudi Arabia announced Monday it anticipates a budget deficit of 2.3...

Published 02 Oct, 2024 06:19am

Opinion

Budgetary outcome in 2023-24

The statistics on the outcome of fiscal operations by the federal and provincial governments in 2023-24 were ...

Updated 13 Aug, 2024 07:40am

Opinion

Medium-term budget strategy

The Federal Ministry of Finance has released the Medium-Term Budget Strategy Statement for the period, 2024-25 to...

Published 06 Aug, 2024 06:40am

Business & Finance

Saudi budget deficit tops $4bn in Q2

DUBAI: Saudi Arabia’s budget deficit rose to 15.3 billion riyals ($4.09 billion) in the second quarter, almost...

Published 01 Aug, 2024 07:27am

Business & Finance

Saudi Arabia posts budget deficit of $3.30bn in Q1

RIYADH: Saudi Arabia posted a budget deficit of 12.387 billion riyals ($3.30 billion) in the first quarter of 2024,...

Published 06 May, 2024 05:30am

World

Saudi Arabia posts budget deficit of $3.30 billion in first quarter

RIYADH: Saudi Arabia posted a budget deficit of 12.387 billion riyals ($3.30 billion) in the first quarter of 2024,...

Published 05 May, 2024 09:12pm

SOEs: PM for speeding up sell-off process

ISLAMABAD: Prime Minister Shehbaz Sharif has directed to speed up the process of reforms and privatisation of...

Updated 05 Apr, 2024 09:57am

Business & Finance

Enhancement of tax-to-GDP ratio: ‘Govt should curtail tax evasion, illicit trade in major sectors’

LAHORE: “The government could enhance the tax-to-GDP ratio, increase tax collection and reduce the budget deficit...

Published 30 Mar, 2024 08:03am

Editorials

The IMF package

EDITORIAL: A Pakistan Tehreek-e-Insaf Khyber Pakhtunkhwa government spokesperson on the economic affairs has ...

Published 30 Mar, 2024 04:58am

Editorials

Increase in debt burden

EDITORIAL: Total domestic and external debt stocks rose by 6 percent during the first seven months of the current...

Published 09 Mar, 2024 04:59am

World

Saudi Arabia posts 2023 budget deficit of $22 billion

DUBAI: Saudi Arabia posted a fiscal deficit of 80.9 billion riyals ($21.57 billion) in 2023, slightly narrower than...

Published 15 Feb, 2024 05:39am

Six-month budget deficit soars to 2.3pc of GDP

ISLAMABAD: The budget deficit during the first six months of the ongoing fiscal year increased to 2.3 percent of the...

Updated 30 Jan, 2024 08:48am

IMF revises deficit upward to 7.7pc of GDP

ISLAMABAD: The International Monetary Fund (IMF) has upward revised the budget deficit (excluding grants) to 7.7...

Updated 21 Jan, 2024 09:34am

World

Saudi expects budget deficits in 2023, 2024: finance ministry

RIYADH: Saudi Arabia on Wednesday announced it was projecting a budget deficit of 2 percent of GDP in 2023 and 1.9...

Published 06 Dec, 2023 08:04pm

Editorials

Discos’ infrastructure needs

EDITORIAL: The Asian Development Bank’s (ADB’s) revelation that “significant investment is required in ...

Published 08 Nov, 2023 05:42am

Opinion

Crisis is the moment for home-grown solutions

Containment of fiscal deficit should be and is the first priority. In this respect extensive data released on Q1...

Updated 06 Nov, 2023 06:11am

Business & Finance

KSA posts budget deficit of $9.5bn in 3Q

DUBAI: Saudi Arabia posted a budget deficit of 35.8 billion riyals ($9.54 billion) in the third quarter, data...

Published 06 Nov, 2023 05:27am

Business & Finance

Businessman underscores need for implementing structural reforms

LAHORE: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Presidential Candidate for the upcoming...

Published 29 Oct, 2023 03:25am

Editorials

Consolidated fiscal operations

EDITORIAL: The Finance Ministry uploaded a summary of the consolidated federal and provincial fiscal operations for...

Published 27 Oct, 2023 05:16am

Govt closes Q1 with budget deficit of 0.9pc of GDP

ISLAMABAD: The government has closed the first quarter of the current fiscal year (July-Sept 2023-24) with a budget...

Updated 26 Oct, 2023 09:02am

Business & Finance

Growing national debt termed ‘a bad omen’

KARACHI: Pakistan’s total debt (external and domestic) is on surge, reaching the historic mark of Rs. 64 trillion...

Published 09 Oct, 2023 06:24am

Opinion

SOEs, fiscal discipline & reforms

Despite a wave of privatization in the last 3 decades, SOEs still contribute significantly to the economic growth of...

Updated 08 Sep, 2023 06:31am

Editorials

Economy: caretakers indecisive or dilatory?

EDITORIAL: The federal caretaker cabinet meeting last Tuesday, reportedly (as no press release was issued or a press...

Published 31 Aug, 2023 06:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 30	281
USD PKR Interbank Buying / Apr 30	280.80
USD to Japanese Yen / Apr 30	142.60
USD to Swiss Franc / Apr 30	0.82
Pound Sterling to USD / Apr 30	1.34
Euro to USD / Apr 30	1.14
UK LIBOR % / Apr 29	4.96

Stock	Volume
S&P 500 / Apr 29	5,560.83
Nasdaq / Apr 29	17,461.32
Dow Jones / Apr 29	40,527.62
India Sensex / Apr 30	80,370.20
Tokyo Nikkei / Apr 30	36,045.38
Hang Seng / Apr 30	22,093.15
FTSE 100 / Apr 30	8,462.69
Germany DAX 30 / Apr 30	22,537.67
France CAC40 / Apr 30	7,587.60

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 29	16,985
Gold 10 Grams PKR / Apr 29	299,382
Crude Oil USD/Barrel / Apr 30	59.69
Gold Spot USD/Ounce / Apr 30	3,304.44
Cotton US¢/pound / Apr 30	66.29
Petrol/Litre / May 1	254.63
Diesel/Litre / May 1	258.64

Gainers
Losers
Leaders

Stock	Price
J.A.Textile / Apr 30 J.A. Textile Mills Limited(JATM)	20.90 ▲ 1.9 (10%)
Punjab Oil / Apr 30 Punjab Oil Mills Limited(POML)	178.67 ▲ 16.24 (10%)
PIA Holding Co.B / Apr 30 PIA Holding Company Limited B(PIAHCLB)	4,366.33 ▲ 396.94 (10%)
First Elite Cap.Mod / Apr 30 First Elite Capital Modaraba(FECM)	12.68 ▲ 1.15 (9.97%)
Jubilee Spinning / Apr 30 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	12.70 ▲ 1.15 (9.96%)
Shakarganj / Apr 30 Shakarganj Limited(SML)	52.29 ▲ 4.35 (9.07%)
Burshane LPG / Apr 30 Burshane LPG (Pakistan) Limited(BPL)	29.03 ▲ 2.03 (7.52%)
Engro Poly(Pref / Apr 30 Engro Poly(Pref)(EPCLPS)	11.99 ▲ 0.81 (7.25%)
Sakrand Sugar / Apr 30 Sakrand Sugar Mills Limited(SKRS)	12.23 ▲ 0.81 (7.09%)
Intermarket Securities / Apr 30 Intermarket Securities Limited(IMS)	45.97 ▲ 2.98 (6.93%)

Stock	Price
United Brands / Apr 30 United Brands Limited(UBDL)	20.93 ▼ -2.33 (-10.02%)
AGP Limited / Apr 30 AGP Limited(AGP)	186.05 ▼ -20.67 (-10%)
Sunrays Textile / Apr 30 Sunrays Textile Mills Limited(SUTM)	170.30 ▼ -18.92 (-10%)
Chakwal Spinning / Apr 30 Chakwal Spinning Mills Limited(CWSM)	47.64 ▼ -5.29 (-9.99%)
Kohinoor Energy / Apr 30 Kohinoor Energy Limited(KOHE)	17.76 ▼ -1.97 (-9.98%)
Adamjee Life Assur. / Apr 30 Adamjee Life Assurance Company Limited(ALIFE)	25.23 ▼ -2.79 (-9.96%)
Bela Auto / Apr 30 Bela Automotives Limited(BELA)	127 ▼ -14 (-9.93%)
National Silk / Apr 30 The National Silk & Rayon Mills Limited(NSRM)	42.46 ▼ -4.67 (-9.91%)
Nishat Mills Ltd / Apr 30 Nishat Mills Limited(NML)	101.35 ▼ -11.12 (-9.89%)
Amtex Ltd / Apr 30 Amtex Limited(AMTEX)	2.30 ▼ -0.25 (-9.8%)

Stock	Volume
Cnergyico PK / Apr 30 Cnergyico PK Limited(CNERGY)	46,167,601 ▼ -0.72
WorldCall Telecom / Apr 30 Worldcall Telecom Limited(WTL)	40,695,095 ▼ -0.01
B.O.Punjab / Apr 30 The Bank of Punjab(BOP)	20,001,384 ▼ -0.36
K-Electric Ltd. / Apr 30 K-Electric Limited(KEL)	17,624,493 ▼ -0.11
Maple Leaf Cement / Apr 30 Maple Leaf Cement Factory Limited(MLCF)	15,370,507 ▼ -1.87
Power Cement / Apr 30 Power Cement Limited(POWER)	14,502,204 ▼ -0.43
Sui South Gas / Apr 30 Sui Southern Gas Company Limited(SSGC)	14,104,286 ▼ -2.06
Sui North Gas / Apr 30 Sui Northern Gas Pipelines Limited(SNGP)	13,883,713 ▲ 0.45
Fauji Cement / Apr 30 Fauji Cement Company Limited(FCCL)	13,723,423 ▼ -0.92
At-Tahur Ltd. / Apr 30 At-Tahur Limited(PREMA)	13,002,379 ▼ -6.85

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