Trends - Budget FY22 - Business Recorder

Budget FY22

Letter to a Comrade

Dear Muzammil, I hope you are well. It has been a while since we last saw, met or spoke. Judging from your article ...

Updated 07 Feb, 2023 02:20pm

Amendment-laden finance bill easily sails through NA

The passage of the budget for the fiscal year 2022-2023 brings the government one step closer to the revival of the stalled IMF programme

Updated 30 Jun, 2022 09:51am

Editorials

‘Very tough’ IMF conditionalities

EDITORIAL: Prime Minister Shehbaz Sharif while laying the onus of an impending bankruptcy on the policies of the PTI...

Published 29 Jun, 2022 05:44am

BR Research

Petroleum Levy: If wishes were horses

Observers wasted no time in pointing out at the unrealistic and overly ambitious nature of the Rs750 billion targets...

Updated 14 Jun, 2022 11:08pm

FY22 budget reversed key policies damaging revenue prospects: IMF

ISLAMABAD: The budget 2021-22 delayed key reforms and reversed some key policies damaging revenue prospects. This...

Updated 06 Feb, 2022 09:15am

Opinion

FY22 budget: textile sector’s perspective

The Federal Budget for FY22 was announced on June 11th, 2021. The new economic team has accordingly set goals for ...

Published 01 Jul, 2021 04:10am

Business & Finance

Rs55bn allocated for 'Nullah Lai' project in FY22 Budget: Rashid

RAWALPINDI: Interior Minister Sheikh Rashid Ahmed has said that the Punjab government has allocated Rs 55 billion ...

Published 28 Jun, 2021 04:38am

Opinion

The FY22 budget

The third budget of the PTI government for FY22 was presented last week with a total outlay of PKR 8.4 trillion. It...

Published 19 Jun, 2021 03:23am

Opinion

Budget: Out-of-the-box actions

In the following paragraphs I will only discuss three major proposals in the proposed Finance Bill, 2021, two of...

Published 17 Jun, 2021 03:27am

Opinion

IMF programme implementation

With the likely passage of the budget for FY22, the Pakistan economy not only enters the second innings of the PTI...

Published 15 Jun, 2021 03:30am

Opinion

FY22 budget: a work in progress

The budget 2020-21 is, at best, a work in progress - more so than previous budgets reliant on an over dose of...

Published 14 Jun, 2021 03:39am

Pakistan

Punjab FY22 budget today: There’s ‘package’ for industry: govt

LAHORE: Punjab Finance Minister Makhdoom Hashim Jawan Bakht will present province’s budget for financial year...

Published 14 Jun, 2021 03:39am

Business & Finance

Finance Bill 2021: Annexures to Finance Bill 2021

SUMMARY OF TAX EXPENDITURE 2021 Tax Expenditure Report 2021 for federal taxes, based on data pertaining to FY...

Published 13 Jun, 2021 04:08am

Opinion

'Textile sector takes a dim view of FY22 budget'

This is apropos a Business Recorder news item "Textile sector takes a dim view of FY22 budget" carried by the...

Published 13 Jun, 2021 03:56am

Business & Finance

KP business community terms Budget FY22 balanced

PESHAWAR: Business community here on Friday termed the federal budget for fiscal year 2021-22, as a 'balanced',...

Updated 12 Jun, 2021 05:36am

Budget FY22: 'Widening of tax base, incentives for industry can lift GDP'

Business & Finance

FY22 Budget: Special relief to be given to salaried class: Rashid

ISLAMABAD: Minister for Interior Sheikh Rashid Ahmad, Sunday said that the government would provide incentives to ...

Published 24 May, 2021 04:03am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 16	283.37
USD PKR Interbank Buying / Jun 16	283.17
USD to Japanese Yen / Jun 17	144.09
USD to Swiss Franc / Jun 17	0.82
Pound Sterling to USD / Jun 17	1.34
Euro to USD / Jun 17	1.15
UK LIBOR % / Jun 17	4.96

Stock	Volume
S&P 500 / Jun 17	5,982.72
India Sensex / Jun 17	81,583.30
Tokyo Nikkei / Jun 17	38,824.99
Nasdaq / Jun 17	19,521.09
Hang Seng / Jun 17	23,688.37
FTSE 100 / Jun 17	8,834.03
Dow Jones / Jun 17	42,215.80
Germany DAX 30 / Jun 17	23,434.65
France CAC40 / Jun 17	7,683.73

Item	Value
Crude Oil USD/Barrel / Jun 17	75.25
Karachi Cotton PKR/37.32 KG / Jun 17	16,785
Gold 10 Grams PKR / Jun 17	309,756
Gold Spot USD/Ounce / Jun 17	3,392.01
Cotton US¢/pound / Jun 17	67.77
Petrol/Litre / Jun 18	258.43
Diesel/Litre / Jun 18	262.59

Gainers
Losers
Leaders

Stock	Price
Service Textile / Jun 18 Service Industries Textiles Limited(SERT)	19.67 ▲ 1.79 (10.01%)
Bunnys Limited / Jun 18 Bunnys Limited(BNL)	62.54 ▲ 5.69 (10.01%)
Macter Int. Ltd / Jun 18 Macter International Limited(MACTER)	513.90 ▲ 46.72 (10%)
MACPAC Films / Jun 18 MACPAC Films Limited(MACFL)	29.49 ▲ 2.68 (10%)
Zahid Jee Textile / Jun 18 Zahidjee Textile Mills Limited(ZAHID)	36.08 ▲ 3.28 (10%)
Hinopak Motor / Jun 18 Hinopak Motors Limited(HINO)	451.03 ▲ 41 (10%)
Kohinoor Mills / Jun 18 Kohinoor Mills Limited(KML)	44.46 ▲ 4.04 (10%)
Data Agro / Jun 18 Data Agro Limited(DAAG)	111.31 ▲ 10.12 (10%)
Mughal Iron & Steel(C) / Jun 18 Mughal Iron & Steel Industries Ltd (C)(MUGHALC)	54.45 ▲ 4.95 (10%)
J.A.Textile / Jun 18 J.A. Textile Mills Limited(JATM)	24.12 ▲ 2.19 (9.99%)

Stock	Price
Escorts Bank / Jun 18 Escorts Investment Bank Limited(ESBL)	5.51 ▼ -0.79 (-12.54%)
Ist.Capital Sec / Jun 18 First Capital Securities Corporation(FCSC)	2.96 ▼ -0.35 (-10.57%)
Pervez Ahmed Consultancy / Jun 18 Pervez Ahmed Consultancy Services Ltd.(PASL)	3.49 ▼ -0.39 (-10.05%)
Pakgen Power / Jun 18 Pakgen Power Limited(PKGP)	213.65 ▼ -23.74 (-10%)
Blue-Ex Ltd / Jun 18 Blue-Ex Limited (GEM)(GEMBLUEX)	59.85 ▼ -6.65 (-10%)
Sardar Chemical / Jun 18 Sardar Chemical Industries Limited(SARC)	69.39 ▼ -7.71 (-10%)
PIA Holding Co.B / Jun 18 PIA Holding Company Limited B(PIAHCLB)	13,770.20 ▼ -1529.97 (-10%)
AN Textile Mills / Jun 18 AN Textile Mills Limited(ANTM)	15.88 ▼ -1.76 (-9.98%)
Shadman Cotton / Jun 18 Shadman Cotton Mills Limited(SHCM)	52.10 ▼ -5.23 (-9.12%)
GOC (Pak) / Jun 18 GOC (Pak) Limited.(GOC)	70.11 ▼ -7.03 (-9.11%)

Stock	Volume
WorldCall Telecom / Jun 18 Worldcall Telecom Limited(WTL)	42,106,297 ▼ -0.06
Pervez Ahmed Consultancy / Jun 18 Pervez Ahmed Consultancy Services Ltd.(PASL)	21,374,858 ▼ -0.39
Sui South Gas / Jun 18 Sui Southern Gas Company Limited(SSGC)	20,961,768 ▼ -0.02
First Prudential Mod. / Jun 18 First Prudential Modaraba(PMI)	14,201,632 ▲ 0.31
Ist.Capital Sec / Jun 18 First Capital Securities Corporation(FCSC)	11,237,598 ▼ -0.35
Secure Logistics / Jun 18 Secure Logistics Group Limited(SLGL)	10,986,522 ▲ 0.38
First Dawood Prop. / Jun 18 First Dawood Properties Limited(FDPL)	7,801,078 ▲ 0.26
PIA Holding Co.Ltd / Jun 18 PIA Holding Company Limited(PIAHCLA)	6,666,244 ▼ -0.3
TPL Properties / Jun 18 TPL Properties Limited(TPLP)	5,914,469 ▲ 0.38
Merit Packaging / Jun 18 Merit Packaging Limited(MERIT)	4,718,642 ▲ 1.49

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Budget FY22

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