Trends - budget deficit - Business Recorder

budget deficit

Key highlights of budget 2023-24

Business Recorder takes a look at key points

Updated 10 Jun, 2023 01:14am

Business & Finance

On digital payments: services tax on restaurants in ICT reduced in federal budget

Under the ICT (tax on services) Ordinance, 2001, the government of Pakistan proposed to reduce services tax on...

Updated 09 Jun, 2023 07:35pm

Pakistan

How experts view the upcoming budget announcement

Business Recorder reaches out to experts to know their expectations for budget

Updated 09 Jun, 2023 05:22pm

SBP’s auction calendar: Cash-strapped govt to borrow record Rs10trn in 3 months

KARACHI: The cash-strapped federal government plans to borrow record over Rs 10 trillion from the commercial banks...

Updated 09 Jun, 2023 09:00am

Business & Finance

Federal budget to be made keeping all constraints in view: Ishaq Dar

Says government will try to provide as much relief to public as possible

Updated 30 May, 2023 11:33pm

Editorials

PSDP: prudence needed

EDITORIAL: The Ministry of Finance has given a 700 billion rupee indicative budget ceiling for Public Sector...

Published 19 May, 2023 06:17am

Fiscal deficit for Jul-Mar reaches 3.7pc of GDP

ISLAMABAD: The government has closed the first nine months (July-March 2023) of the current fiscal year with the...

Updated 06 May, 2023 08:55am

Business & Finance

Budget deficit: PIAF calls for controlling govt expenditure, high cost of debt servicing

LAHORE: The Pakistan Industrial and Traders Association Front (PIAF) has called for keeping check on government...

Published 12 Mar, 2023 05:55am

$1.3bn financing from China’s ICBC expected

ISLAMABAD: Finance Minister Ishaq Dar has stated that the budget deficit is manageable but the external account...

Updated 04 Mar, 2023 09:13am

Opinion

Surging govt debt

The statistics on total debt of Pakistan as of end-December 2022 has been released recently by the SBP (State Bank ...

Published 21 Feb, 2023 05:58am

Opinion

Budgetary outcome in 1HFY23

The information on fiscal operations from July to December 2022 of the federal and the provincial governments has...

Published 14 Feb, 2023 05:58am

First six months: Fiscal deficit swells to 2pc of GDP

ISLAMABAD: Fiscal deficit has been recorded at two per cent of the GDP or Rs1,683 billion during the first six ...

Updated 09 Feb, 2023 08:41am

Opinion

The mishandling of economy continues

Finance Division in the January 2023 Economic Update/Outlook noted that fiscal deficit July-November 2022 was 1169...

Published 06 Feb, 2023 06:20am

Policy rate hike unlikely to appease IMF: economists

ISLAMABAD: The State Bank of Pakistan (SBP) decision to increase policy rate by 100 basis points is unlikely to...

Updated 24 Jan, 2023 09:10am

FY23 Q1 budget deficit rises 43pc to Rs809bn YoY

Budget deficit was 438 billion rupees in the same period of the last financial year

Updated 25 Dec, 2022 03:54pm

Opinion

Unrealistic budget of 2022-23

The budget of 2022-23 has been framed with agreement of the IMF (International Monetary Fund) as part of the ongoing...

Published 15 Nov, 2022 05:52am

Editorials

Most budget figures no longer valid

EDITORIAL: Senior officials of the Ministry of Economic Affairs while briefing a National Assembly Standing ...

Published 20 Sep, 2022 05:51am

Business & Finance

Most budget figures to undergo fluctuations: MoEA

ISLAMABAD: Most of the budget figures for the current fiscal year 2022-23, including GDP growth rate, debt-to-GDP...

Updated 16 Sep, 2022 09:51am

0.2pc of GDP: Plan to achieve paltry primary surplus a welcome step: Fund

ISLAMABAD: The International Monetary Fund (IMF) has termed the authorities' plan to achieve a small primary...

Updated 03 Sep, 2022 09:43am

Opinion

Burgeoning budget deficit

The information on fiscal operations in 2021-22 has just been released by the Ministry of Finance. These figures are...

Published 23 Aug, 2022 05:56am

Business & Finance

Rising budget deficit: PIAF calls for checks on govt spending, debt servicing

LAHORE: The Pakistan Industrial and Traders Association Front (PIAF) has called for keeping check on government...

Published 22 Aug, 2022 06:33am

Budget deficit target missed

Financial year (2021-22) closes with a deficit of 7.9 percent or Rs5.259 trillion against the 6.3 percent target set in the budget

Updated 20 Aug, 2022 02:47pm

Opinion

Soaring public debt

The latest estimate of the stock of public debt of Pakistan by the SBP (State Bank of Pakistan) as of end-March 2022...

Published 16 Aug, 2022 03:59am

Opinion

PARTLY FACETIOUS: But drinking water remains scarce

“Water, water everywhere and ne’er a drop to drink.” “Coleridge right?” “Right.” “And who do you...

Published 26 Jul, 2022 04:31am

Editorials

Politics mustn’t have precedence over economy

EDITORIAL: The economy remains extremely fragile notwithstanding claims by Finance Minister Miftah Ismail in a press...

Published 19 Jul, 2022 06:00am

Afghanistan lifts coal prices as exports to neighbouring Pakistan boom

Markets

Opinion

Economy: the best case scenario

The worst case economic scenario has already been shared with the public: be ready for more hikes in electricity and...

Published 20 Jun, 2022 07:25am

Fate of 7th IMF EFF review dependent on FY23 budget composition

Technical level talks on the budget proposals will commence from today

Updated 31 May, 2022 10:07am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	156.17
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 25	5048.42
Nasdaq / Apr 25	15611.76
Dow Jones / Apr 25	38085.80
India Sensex / Apr 26	74171.68
Tokyo Nikkei / Apr 26	37934.72
Hang Seng / Apr 26	17626.75
FTSE 100 / Apr 26	8123.98
Germany DAX 30 / Apr 26	18016.27

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 25	20535
Gold 10 Grams PKR / Apr 25	240900
Crude Oil USD/Barrel / Apr 26	83.89
Gold Spot USD/Ounce / Apr 26	2336.33
Cotton US¢/pound / Apr 26	81.15
Petrol/Litre / Apr 27	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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