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budget

Q4 of CFY: authorisation of Rs10.056bn approved for Power Division

Authorisation made considering simplified release procedure approved by the ECNEC and release strategy 2023-24 of Finance Division

Updated 10 May, 2024 09:24am

PM asks Aurangzeb to revise borrowing limit for provinces

ISLAMABAD: Prime Minister Shehbaz Sharif has directed Finance Minister Muhammad Aurangzeb to revise borrowing limit...

Updated 03 May, 2024 09:26am

9MFY24: Fiscal deficit recorded at Rs3.902trn

ISLAMABAD: Fiscal deficit has been recorded at 3.7 percent (Rs3,902.416 billion) of the GDP during the first nine...

Updated 01 May, 2024 09:20am

Business & Finance

HDF asks budget makers to introduce bold tobacco tax policy

ISLAMABAD: The Human Development Foundation (HDF) has asked the budget makers to introduce a bold tobacco taxation...

Published 30 Apr, 2024 03:43am

Major shuffle in FBR ahead of budget preparation exercise

ISLAMABAD: In a major reshuffling before budget preparation exercise for 2024-25, the Federal Board of Revenue (FBR)...

Updated 27 Apr, 2024 09:02am

Business & Finance

Upcoming budget: KATI chief for inclusion of agri sector in tax net

KARACHI: President of the Korangi Association of Trade and Industry (KATI), Johar Qandhari, has called for the...

Published 27 Apr, 2024 05:03am

Business & Finance

Indonesia says posts Jan-Mar budget surplus of 0.04% of GDP

JAKARTA: Indonesia booked a budget surplus of 8.1 trillion rupiah ($499.38 million) in the January-March period, or...

Published 26 Apr, 2024 10:02am

Pakistan

Punjab Assembly’s pre-budget session today

LAHORE: The Punjab government has decided to summon the pre-budget session of the Punjab Assembly, scheduled to...

Published 22 Apr, 2024 04:39am

Budget: body formed to firm up proposals

PM Shehbaz Sharif constitutes 11-member ministerial committee headed by Finance Minister Muhammad Aurangzeb to deliberate upon and firm up proposals for budget 2024-25

Updated 18 Apr, 2024 09:46am

Ministries, divisions told to surrender funds on May 15th

ISLAMABAD: The Finance Ministry has directed all the ministries and divisions to surrender the current financial...

Updated 18 Apr, 2024 09:47am

Pakistan

Preparations for budget will begin after Eid: Minister

LAHORE: Punjab Finance Minister Mujtaba Shuja-ur-Rehman has said that preparations for the upcoming fiscal year's...

Published 05 Apr, 2024 04:50am

Pakistan

Aurangzeb eyes fresh staff-level agreement with IMF by end of this fiscal year

Finance minister says imposition of super tax, windfall tax not sustainable

Updated 29 Mar, 2024 10:37pm

Business & Finance

Thailand could adjust fiscal budget to accommodate $13.7bn handout scheme, official says

BANGKOK: There will good news ahead for Thailand’s 500 billion baht ($13.71 billion) handout scheme, for which the...

Published 29 Mar, 2024 10:01am

World

Egypt to allocate $2.66bn for bread subsidies in new budget

DUBAI: Egypt will allocate more than 125 billion Egyptian pounds ($2.66 billion) for bread subsidies in its ...

Published 29 Mar, 2024 04:45am

Pakistan

Punjab PA: discussions on budget conclude

LAHORE: Finance Minister Mujtaba Shuja-ur-Rehman stated on Wednesday that the era of past corruption has concluded,...

Published 28 Mar, 2024 06:29am

Today MoF going to embark upon budgetary works

ISLAMABAD: The Ministry of Finance (MoF) is all set to start Demand Review Committee/Priority Committee meeting from...

Updated 22 Mar, 2024 08:32am

Pakistan

Punjab cabinet approves Rs4480.7bn budget

LAHORE: Punjab cabinet, which met here Monday with Chief Minister Maryam Nawaz in the chair, approved provincial...

Published 19 Mar, 2024 04:53am

Pakistan

Three-month Punjab budget: govt presents proposals

LAHORE: The Government of Punjab has presented three-month budget proposals for the province for approval, totalling...

Updated 19 Mar, 2024 09:48am

World

Biden unveils $7.3 trillion budget as campaign pitch for spending, tax goals

WASHINGTON: President Joe Biden sketched his policy vision for the United States on Monday, unveiling a $7.3 ...

Published 12 Mar, 2024 04:28am

Opinion

A recalcitrant rupee!

The budget for the current fiscal year, reviewed and amended by the International Monetary Fund (IMF) as a prior...

Published 11 Mar, 2024 04:45am

KP PA approves over Rs159bn budget for current month

PESHAWAR: The newly formed provincial Assembly of Khyber Pakhtunkhwa during its maiden session here on Monday...

Updated 05 Mar, 2024 09:36am

Foreign-funded projects: EAD seeks budget/revised estimates

Economic Affairs Division holds meeting to review hydropower and transmission line projects which are reportedly facing rupee cover issues

Updated 22 Feb, 2024 09:54am

World

Argentina sees first monthly budget surplus in 12 years

BUENOS AIRES: The Argentine government in January saw its first monthly budget surplus in nearly 12 years, as new...

Published 17 Feb, 2024 10:57pm

MoF issues FY25 budget call circular

ISLAMABAD: The Finance Ministry has issued the Budget Call Circular (BCC) for fiscal year 2024-25 with a timeline...

Updated 08 Feb, 2024 10:00am

Business & Finance

Poland’s 2023 budget deficit lower than forecast

WARSAW: Poland’s budget deficit for 2023 came in below the government’s forecast, finance ministry data showed on...

Published 02 Feb, 2024 05:24pm

Business & Finance

Germany’s lower house of parliament approves 2024 budget

BERLIN: Germany’s lower house of parliament on Friday approved the 2024 budget, sticking to its self-imposed debt...

Published 02 Feb, 2024 05:11pm

Development budget: NEC approves suggestions of SIFC apex body

ISLAMABAD: The National Economic Council (NEC) has approved the recommendations of the Apex Committee of the Special...

Updated 30 Jan, 2024 08:47am

Pakistan

SAU approves estimated budget for 2023-24

HYDERABAD: SAU Senate approved the estimated budget for the financial year 2023-24. The annual performance report...

Published 31 Dec, 2023 03:04am

World

Germany’s Scholz confident that budget crisis can be overcome

BERLIN/FRANKFURT: German Chancellor Olaf Scholz said on Saturday he was confident that tough talks with coalition...

Published 09 Dec, 2023 05:35pm

Pakistan

JI lays conditions for cooperation with mayor

KARACHI: Jamaat-e-Islami (JI) on Friday laid down its conditions including presentation of the fiscal budget and...

Published 09 Dec, 2023 05:46am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 13	278.33
USD PKR Interbank Buying / May 13	278.13
USD to Japanese Yen / May 13	156.38
USD to Swiss Franc / May 13	0.91
Pound Sterling to USD / May 13	1.26
Euro to USD / May 13	1.08

Stock	Volume
S&P 500 / May 13	5221.42
India Sensex / May 13	72776.13
Tokyo Nikkei / May 13	38423.88
Nasdaq / May 13	16388.24
Hang Seng / May 13	19115.06
FTSE 100 / May 13	8414.99
Dow Jones / May 13	39431.51
Germany DAX 30 / May 13	18742.22

Item	Value
Crude Oil USD/Barrel / May 13	79.35
Karachi Cotton PKR/37.32 KG / May 13	19935
Gold 10 Grams PKR / May 13	207733
Gold Spot USD/Ounce / May 13	2340.10
Cotton US¢/pound / May 13	77.71
Petrol/Litre / May 14	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 14 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 14 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 14 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 14 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 14 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 14 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 14 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 14 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 14 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 14 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 14 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 14 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 14 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 14 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 14 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 14 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 14 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 14 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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