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budget

A mission-oriented Budget

Never before in 75-year history of the country has Annual Budget been so important. Now that Pakistan has struggled...

Published 19 May, 2023 06:17am

Pakistan

‘Caretaker govt cannot give complete budget’: minister

LAHORE: Caretaker minister for local government Ibrahim Hassan Murad has that the government was preparing such...

Updated 19 May, 2023 06:42am

Pre-budget talks: Senate panel to meet stakeholders from next week

ISLAMABAD: The Senate Standing Committee has decided to hold pre-budget meetings with all the relevant stakeholders...

Updated 18 May, 2023 09:05am

Budget measures regarding new housing societies: FBR, provinces to document ‘plot file’ trading

ISLAMABAD: The Federal Board of Revenue (FBR) and provinces will take measures in the coming budget (2023-24) to...

Updated 17 May, 2023 11:20am

Opinion

Economic stress

Since around September 2021, and especially since April last year, economic stress has come to Pakistan from a ...

Updated 12 May, 2023 06:33am

Federal budget on June 9: Govt will fulfil all external obligations: Dar

Says there is a plan for foreign payments of $3.7 billion in May and June

Updated 12 May, 2023 10:29am

Budget plans: new IMF hurdle leaves govt in limbo

KARACHI: The International Monetary Fund (IMF) is preparing to discuss Pakistan’s budget plans for the coming...

Updated 05 May, 2023 08:54am

Opinion

When and who must table FY24 budget?

With the exact date for the next elections still not set, be it by order of the apex court or a consensus between ...

Published 01 May, 2023 03:28am

Govt indicates it doesn’t want polls before budget

ISLAMABAD: Federal government on Sunday indicated holding general elections across the country after having the...

Updated 01 May, 2023 09:04am

Business & Finance

KP’s finance department holds pre-budget consultations

PESHAWAR: The finance department of Khyber Pakhtunkhwa organised a pre-budget consultative meeting for public and...

Published 13 Mar, 2023 06:15am

Pakistan

Staff-level agreement with IMF expected in ‘next few days’: Dar

Finance minister says agreement has 'taken longer than it should have'

Updated 09 Mar, 2023 05:18pm

Pension, subsidies & cut in SOEs’ losses: ‘Structural reforms’ being introduced thru budget: Dar

Proposed austerity measures come under consideration during Federal Cabinet meeting

Updated 03 Mar, 2023 11:46am

PAOs directed to cut their budgets by 15pc: Austerity plan picks up the pace in austere times

Finance Minister Ishaq Dar chairs first meeting to review the implementation of the decisions taken on austerity

Updated 28 Feb, 2023 09:42am

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

FY24 budget: FBR invites proposals on income tax

ISLAMABAD: The income tax budget (2023-24) would focus on policy for taxation of real income, phasing out of tax...

Updated 08 Feb, 2023 09:12am

To be presented in first week of June: FY24 budget call circular issued to ministries, divisions

ISLAMABAD: The Finance Division has issued budget call circular to the ministries and divisions seeking their...

Updated 27 Jan, 2023 09:03am

Business & Finance

Upgrading of mobile networks: Curbs on LCs causing hurdles in import of equipment: minister

ISLAMABAD: Federal Minister for IT and Telecommunication Syed Aminul Haque has said that the limited facility of...

Published 18 Jan, 2023 06:22am

Business & Finance

Rs5,000bn deficit in budget: HCCI president calls for improving working of govt depts

HYDERABAD: President of Hyderabad Chamber of Commerce and Industry (HCCI) Adeel Siddiqui has said that Rs5,000...

Published 05 Jan, 2023 05:58am

Markets

UK finance minister Hunt to present budget on March 15

LONDON: British finance minister Jeremy Hunt said on Monday he would present a budget on March 15 next year and had...

Published 19 Dec, 2022 03:22pm

Business & Finance

Canada posts C$1.72 billion surplus over six months

OTTAWA: Canada recorded a C$1.72 billion ($1.29 billion) budget surplus for the first six months of the 2022/23...

Published 26 Nov, 2022 04:13am

Pakistan

KEMU budget for 2022-23 approved: Governor calls for promoting research at universities

LAHORE: Governor of Punjab Muhammad Balighur Rehman said on Monday that universities must promote technology and...

Published 15 Nov, 2022 05:52am

Pakistan

Flood relief to come from budget cuts, says Miftah

Pakistan has been ravaged by torrential rains resulting in flash floods from north to south that have resulted in over 1,300 deaths while causing large-scale infrastructure damage

Published 05 Sep, 2022 03:34pm

Markets

Turkish budget records 64bn lira deficit in July

ANKARA: The Turkish government’s central budget recorded a deficit of 64 billion lira ($3.56 billion) in July, data...

Published 15 Aug, 2022 01:25pm

Pakistan

UVAS syndicate approves Rs3.632bn budget

LAHORE: The syndicate of University of Veterinary and Animal Science Lahore approved Rs3.632 billion budget for the...

Published 26 Jul, 2022 04:31am

Opinion

Boosting national economy for autarky

Prime Minister Shehbaz Sharif has rightly remarked recently “Till when we would keep on going with a begging bowl?”...

Published 20 Jul, 2022 05:48am

Opinion

The politics of economic policies

Prime Minister Shehbaz Sharif tweeted on 8 June, two days before the budget was presented in parliament: ...

Updated 04 Jul, 2022 06:38am

Opinion

A mini-budget or an annexure to budget?

For the first time in Pakistan’s chequered history additional revenue measures were annexed to the budget by a...

Updated 27 Jun, 2022 06:28am

Pakistan

Watch: PM Shehbaz Sharif's entire address on 10% super tax on large industries

We intend to tax high income earners so that the entire nation can reap the benefit through education, health, infrastructure, skills education and IT uplift, he says
Tax will be applicable on cement, steel, sugar, oil and gas, fertiliser, LNG, textile, banks, automobile, beverages, chemicals, tobacco and airlines
Collection from this tax will be used to alleviate poverty in Pakistan

Updated 24 Jun, 2022 02:53pm

Markets

New day, new low: Rupee closes at 207.67 against dollar

Post-budget uncertainty shatters sentiment in currency market

Updated 16 Jun, 2022 07:56pm

Business & Finance

Did not ask Pakistan to renegotiate CPEC energy deals: IMF

IMF says it supports Pakistan's multipronged strategy to restore energy sector viability

Updated 16 Jun, 2022 12:58pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 25	278.52
USD PKR Interbank Buying / Apr 25	278.32
USD to Japanese Yen / Apr 25	155.60
USD to Swiss Franc / Apr 25	0.91
Pound Sterling to USD / Apr 25	1.25
Euro to USD / Apr 25	1.07

Stock	Volume
S&P 500 / Apr 24	5070.63
Nasdaq / Apr 24	15712.75
Dow Jones / Apr 24	38460.92
India Sensex / Apr 25	73780.80
Tokyo Nikkei / Apr 25	37628.48
Hang Seng / Apr 25	17264.90
FTSE 100 / Apr 25	8077.84
Germany DAX 30 / Apr 25	17994.97

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Crude Oil USD/Barrel / Apr 25	83.02
Gold Spot USD/Ounce / Apr 25	2325.45
Cotton US¢/pound / Apr 25	80.89
Petrol/Litre / Apr 26	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 26 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 26 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 26 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 26 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 26 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 26 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 26 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 26 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 26 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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