Trends - current account deficit

current account deficit

IMF augments the EFF

EDITORIAL: The Resident Representative of the International Monetary Fund (IMF) in Islamabad informed Business...

Published 19 Aug, 2022 05:57am

Govt takes step to spur forex inflows thru export boost

Finance Minister Miftah Ismail says there will be no tax on companies exporting at least 10pc of their products

Updated 18 Aug, 2022 09:45am

Business & Finance

July remittances down 8pc YoY

KARACHI: Inflows of workers’ remittances fell by 8 percent during the first month of this fiscal year (FY23), the...

Published 17 Aug, 2022 06:07am

Debt and liabilities hit historic high of Rs59.6trn

KARACHI: Pakistan’s total debt and liabilities (domestic and external) continued to grow and reached the historic...

Updated 16 Aug, 2022 09:57am

Opinion

Economy: the muddling of fact and fiction

The strengthening of the stock market and the rupee - from a high of over 240 on 30 July 2014 to less than 214 this...

Published 15 Aug, 2022 05:41am

‘Economic recovery continues despite challenges’

Healthy revenue growth, improved manufacturing and agricultural output boost growth

Updated 13 Aug, 2022 09:27am

Opinion

Emerging economies: now is the time for unity

Pakistan’s economy is geared to move towards a low-level equilibrium. The fear of defaults, which was mostly...

Published 08 Aug, 2022 05:41am

Country a net importer, says Miftah somberly

KARACHI: Federal Minister for Finance and Revenue Miftah Ismail has said that the federal government had made tough...

Updated 07 Aug, 2022 01:12pm

Pakistan

Govt was left with few options to avert default: Miftah Ismail

Finance minister says rupee's movement determined by market dynamics and SBP did not intervene
Says import ban on CBUs of cars, mobiles and home appliances will remain in place till September 2022

Updated 06 Aug, 2022 04:49pm

Editorials

IT sector concerns

EDITORIAL: It’s very important to digest some IT (Information Technology) sector statistics before understanding...

Published 05 Aug, 2022 06:27am

Opinion

Unsustainable BoP

The State Bank of Pakistan (SBP) has just released the numbers on the external balance of payments (BoP) position ...

Published 02 Aug, 2022 05:36am

BR Research

PKR: Is the worst over?

July was the second worst month in the history of Pakistan in terms of PKR depreciation. The question is how the...

Published 01 Aug, 2022 08:36am

MoF, SBP highlight economic challenges

KARACHI: The Ministry of Finance and State Bank of Pakistan (SBP) on Sunday night issued a joint statement on the...

Updated 01 Aug, 2022 09:24am

BR Research

Current account: Stay vigilant

Current account deficit stood at $17.5 billion (4.6% of GDP) in the financial year 2021-22. Overall economic pie has...

Updated 29 Jul, 2022 12:13pm

C/A posts over $17bn deficit in FY22

Huge deficit driven by massive increase in goods import bill

Updated 28 Jul, 2022 09:49am

Pakistan

Pakistan's current account deficit hits $2.28bn in June, up 59% month-on-month

Cumulative deficit for FY22 stands at $17.4bn, 517% higher on a yearly basis

Updated 27 Jul, 2022 09:16pm

Business & Finance

Ban on import of various products: Govt’s decision will save precious foreign reserves: analysts

LAHORE: Analysts expressed optimism that the current government’s decision to impose a ban on imports of various...

Published 27 Jul, 2022 07:44am

Editorials

External account: FDI imperative

EDITORIAL: In Pakistan, one of the reasons behind frequent boom-burst cycles on external account is woeful lack of...

Published 27 Jul, 2022 05:23am

Opinion

Reducing C/A deficit

The rupee has taken a real beating last week, falling by 8 percent with respect to the dollar. There are both...

Published 26 Jul, 2022 04:31am

Opinion

Economic round-up 2021-22

The just concluded fiscal year has been tumultuous. It was both economics and politics that made it extraordinary,...

Updated 20 Jul, 2022 10:50am

Business & Finance

Pound gains, but focus stays on struggling UK economy

LONDON: The British pound rose against the dollar and euro on Thursday, as investors shrugged off official data...

Published 01 Jul, 2022 06:13am

Editorials

Widening C/A deficit

EDITORIAL: The current account deficit for the first 11 months of the current year has risen to 15.2 billion dollars...

Updated 30 Jun, 2022 06:28am

Opinion

Current tax regime – an impediment to growth

Pakistan’s tax regime is perhaps one of the biggest impediments to economic growth. High tax rates and complexity...

Updated 29 Jun, 2022 09:00am

July-May period: C/A deficit crosses $15bn mark

KARACHI: The country’s current account deficit crossed the $15 billion mark during the first eleven months of this...

Updated 29 Jun, 2022 09:50am

BR Research

Autos: Start-stop

Over the past two years, policymakers have reduced or raised taxes, and imposed or relaxed restrictions, at times to...

Published 20 Jun, 2022 09:29am

Business & Finance

RTC highlights post-budget challenging circumstances

ISLAMABAD: The federal budget 2022-23 has come under challenging circumstances when the country is facing both...

Published 14 Jun, 2022 05:56am

Opinion

COMMENTS ON FY2022-23 BUDGET

EXECUTIVE SUMMARY

Published 13 Jun, 2022 06:19am

Budget 2022-23

PML(N)-led govt seeks to turn economic wounds into budgetary wisdom

ISLAMABAD: Finance Minister Miftah Ismail Friday presented Rs9,502 billion budget for the next fiscal year with 4.9...

Published 11 Jun, 2022 06:40am

Reforms measures in budget to pave way for IMF deal: Miftah

ISLAMABAD: Minister for Finance Miftah Ismail stated on Thursday that the reform measures to be announced in the...

Updated 10 Jun, 2022 09:24am

Opinion

We’re now less than one step from Sri Lanka

The current account deficit constitutes the most formidable challenge for the incumbent government that has begun to...

Published 08 Jun, 2022 06:19am

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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current account deficit

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