Trends - circular debt - Business Recorder

circular debt

NA informed: Circular debt spikes to Rs2.536trn

ISLAMABAD: Despite massive increase in power tariff after coming into power, the ruling coalition of Pakistan...

Updated 09 May, 2023 09:17am

Opinion

Interest rates: no more room for tightening

Interest rates in Pakistan are almost at historic highs and still the country is running negative real rates on both...

Published 08 May, 2023 06:40am

Markets

KE can make huge savings by running plants on natural gas: KATI

KARACHI: President of Korangi Association of Trade and Industry (KATI) Faraz-ur-Rehman said that the KE can save...

Published 06 May, 2023 06:23am

Markets

Power sector needs policy reforms: study

ISLAMABAD: The power sector of Pakistan is a mess and requires comprehensive and swift governance and policy ...

Published 02 May, 2023 05:59am

Business & Finance

Dar asks PD, gas cos, PSO to improve their liquidity position

ISLAMABAD: Finance Minister Ishaq Dar Saturday asked the relevant authorities in the Petroleum Division, gas...

Updated 30 Apr, 2023 09:26am

Markets

PIAF calls for overhauling of power sector through drastic measures

LAHORE: The Pakistan Industrial and Traders Associations Front (PIAF) has stressed the need for overhauling the ...

Published 30 Apr, 2023 05:10am

Power Division says circular debt crosses Rs4trn mark

ISLAMABAD: Power Division has claimed that circular debt stock has crossed Rs 4 trillion after Rs 400 billion were...

Updated 29 Apr, 2023 01:22pm

Opinion

An electric regulatory authority for Sindh

Sindh cabinet has approved a draft bill for organizing a separate electricity regulatory body for Sindh — Sindh...

Updated 27 Apr, 2023 07:16am

With effect from Jan 1 2023: Category-wise consumer gas prices revised by govt

ISLAMABAD: The federal government revised the category-wise consumer gas prices with effect from January 1, this...

Updated 05 Apr, 2023 08:57am

All categories of consumers: Nepra approves Rs3.23/ unit surcharge

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has formally approved surcharge of Rs 3.23 per...

Updated 01 Apr, 2023 08:42am

MoF refuses to become part of deal with KE on TDS

ISLAMABAD: Ministry of Finance (MoF) has reportedly refused to become part of agreement with K-Electric on Tariff...

Updated 30 Mar, 2023 08:32am

BR Research

The tightrope between recoveries and circular debt

To end (or limit) the increase in the power sector circular debt flow, under the condition of the IMF, the ...

Published 17 Mar, 2023 08:53am

Motion filed with Nepra: All set for Rs3.23/unit additional surcharge on electricity

ISLAMABAD: The Federal Government has filed a Motion with National Electric Power Regulatory Authority (Nepra) for...

Updated 11 Mar, 2023 08:53am

Opinion

Energy sector reforms: Earnest intentions for structural changes necessary – IV

Our fiscal space is wafer thin. The economy is starting to pull back from a precipice. The International Monetary...

Published 08 Mar, 2023 06:20am

BR Research

IMF SLA: What’s cooking?

February is nearing the end and the IMF Staff level agreement (SLA) for the 9th review is still pending. The anxiety...

Published 28 Feb, 2023 09:09am

Opinion

IMF programme and energy crisis

Pakistan has less than US$3 billion in foreign reserves, enough to finance less than three weeks of imports. It owes...

Updated 15 Feb, 2023 06:47am

Opinion

IMF and the ideal of accountability

The international lending agencies are often under criticism that they dole out loans to developing countries while...

Published 05 Feb, 2023 03:10am

IMF team ‘quizzes’ PD’s top brass

International Monetary Fund Mission raises questions on the performance of power sector and violation of commitments made in the previous review

Updated 02 Feb, 2023 10:34am

Opinion

Redefining Pakistan’s economy

This article is an effort on not only understanding the fundamental economic issues but also some tough but ...

Published 01 Feb, 2023 05:58am

Editorials

A reminder of the flaws in economic policies

EDITORIAL: Match the rise in taxes to a cut in government expenditure is a cry gathering momentum not only amongst...

Published 01 Feb, 2023 05:58am

BR Research

Power tariff: Surcharge won’t help

As Pakistan goes back to the drawing board with the IMF, the rumor mill churns news around another round of ...

Published 31 Jan, 2023 08:57am

Business & Finance

TAL JV allowed to sell Mamikhel gas

ISLAMABAD: The government has allowed TAL Joint Venture to sell gas from Mamikhel South discovery to third party...

Updated 28 Jan, 2023 08:44am

IMF team to arrive on 31st

ISLAMABAD: The International Monetary Fund (IMF) mission will visit Pakistan from January 31-February 9 to continue...

Updated 27 Jan, 2023 09:06am

Opinion

Energy sector reforms – II: low-hanging fruit rotting

Building on previous op-eds, we are aware of Pakistan’s energy sector challenges and measures requiring execution in...

Published 25 Jan, 2023 06:25am

Markets

Energy ministry tells ECC: Gas from Mamikhel can help reduce circular debt

ISLAMABAD: The Ministry of Energy has informed the Economic Coordination Committee (ECC) of the Cabinet that the ...

Published 25 Jan, 2023 06:25am

Opinion

PARTLY FACETIOUS: Our ‘Ben Affleck’

“So what happened during the weekend?” “Prices rose even higher and…and… I had to cut down further on my...

Published 24 Jan, 2023 06:06am

Gas sector: Dar for early settlement of circular debt

Officials say gas sector circular debt has reached Rs 1.6 trillion and would become comparable to power sector circular debt if reforms are not undertaken

Updated 22 Jan, 2023 10:12am

Markets

Dar directs committee to finalise action plan for settlement of circular debt

Issue of circular debt is seen as one key element in reviving IMF programme

Updated 21 Jan, 2023 09:16pm

World Bank delays approval of $1.1bn loans for Pakistan

ISLAMABAD: The World Bank has delayed the approval of two loans for Pakistan worth $1.1 billion until the next...

Updated 19 Jan, 2023 12:24pm

BR Research

Discos’ horror show

Another exercise of clearing the energy sector circular debt stock via dividends, Sukuks, or direct cash transfer is...

Published 17 Jan, 2023 09:05am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 16	278.40
USD PKR Interbank Buying / Apr 16	278.10
USD to Japanese Yen / Apr 16	154.32
USD to Swiss Franc / Apr 16	0.91
Pound Sterling to USD / Apr 16	1.24
Euro to USD / Apr 16	1.06

Stock	Volume
S&P 500 / Apr 15	5061.82
Nasdaq / Apr 15	15885.02
Dow Jones / Apr 15	37735.11
India Sensex / Apr 16	73041.46
Tokyo Nikkei / Apr 16	38375.98
Hang Seng / Apr 16	16327.73
FTSE 100 / Apr 16	7851.82
Germany DAX 30 / Apr 16	17757.12

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 9	21735
Crude Oil USD/Barrel / Apr 16	85.94
Gold 10 Grams PKR / Apr 16	214077
Gold Spot USD/Ounce / Apr 16	2387.66

Gainers
Losers
Leaders

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

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

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

Markets →

Calculate your monthly liability in FY24

circular debt

Most Popular