Trends - development budget - Business Recorder

development budget

PSDP is unaffordable: IMF

ISLAMABAD: The International Monetary Fund (IMF) has stated that the Public Sector Development Programme (PSDP) of...

Updated 18 Nov, 2023 08:49pm

Development: NEC approves ‘megabudget’

ISLAMABAD: In a significant development for the country’s economic landscape, National Economic Council (NEC) held a...

Updated 04 Jul, 2023 09:09am

Pakistan

Budget places emphasis on ‘growth-inducing’ sectors: PM Shehbaz

Says procurement of crude oil from Russia is part of energy security plan

Published 12 Jun, 2023 03:56pm

Business & Finance

Federal budget 2023-24 in graphs

The government of Pakistan announced the budget for 2023-24 on Friday. Business Recorder takes a look at the budget...

Published 10 Jun, 2023 06:03pm

Business & Finance

Budget 2023-24: incentives fail to entice stakeholders in IT sector

Say measures are insufficient to raise exports substantially

Published 10 Jun, 2023 01:43am

Business & Finance

On digital payments: services tax on restaurants in ICT reduced in federal budget

Under the ICT (tax on services) Ordinance, 2001, the government of Pakistan proposed to reduce services tax on...

Updated 09 Jun, 2023 07:35pm

Pakistan

How experts view the upcoming budget announcement

Business Recorder reaches out to experts to know their expectations for budget

Updated 09 Jun, 2023 05:22pm

Pakistan

There will be no winners, say experts ahead of budget announcement

Trapped in economic crisis coupled with political instability and lingering IMF programme, govt seems to have its hands tied

Updated 07 Jun, 2023 08:35pm

Govt says 3.5pc growth target quite realistic

Federal Minister for Planning, Development and Special Initiatives, Ahsan Iqbal says National Economic Council has approved Rs1,150 billion federal development budget

Updated 07 Jun, 2023 10:30am

Business & Finance

You don’t need AI to predict Dar’s budget speech. This is how it will likely go

Finance Minister Ishaq Dar is scheduled to announce the budget proposals this Friday. He last announced the budget...

Updated 06 Jun, 2023 11:59pm

PM takes coalition partners on board over PSDP

ISLAMABAD: Prime Minister Shehbaz Sharif chaired a high-level meeting on Monday to consult coalition parties for the...

Updated 06 Jun, 2023 08:48am

Hydropower, water projects: Ministry agrees to allocate Rs100bn as IBC

ISLAMABAD: The Ministry of Planning, Development and Special Initiatives (MPD&SI) has agreed to allocate Rs 100...

Updated 20 May, 2023 08:54am

Pakistan

Development budget to be increased, says CM of Balochistan

QUETTA: Balochistan Chief Minister Mir Abdul Quddus Bizenjo on Saturday said that the size of the development budget...

Published 14 May, 2023 03:24am

Uplift budget for Q3, 4: Finance Div revises fund release strategy

ISLAMABAD: The Finance Division has revised the strategy for release of funds of the recurrent and development ...

Updated 04 Jan, 2023 09:43am

Pakistan

KP’s Rs120bn withheld by federal govt, says Jhagra

ISLAMABAD: Finance Minister of Khyber Pakhtunkhwa Taimur Saleem Jhagra has stated that over Rs120 billion of the...

Updated 09 Dec, 2022 07:26am

Pakistan

PM launches five initiatives for youths

ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday launched (inaugurated) five initiatives of the Ministry of...

Published 21 Oct, 2022 05:57am

Pakistan

Development budget being reviewed in light of flood relief efforts: Ahsan Iqbal

Says Pakistan now has opportunity to rebuild flooded villages in a sustainable manner

Updated 30 Aug, 2022 05:30pm

Development budget for FY2022-23: Finance Division issues strategy for release of funds

Funds will be released out of Public Sector Development Programme

Updated 14 Jul, 2022 10:18am

Govt launches Rs7bn innovation fund

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal said that the government...

Updated 18 Jun, 2022 09:58am

Business & Finance

‘Country’s development budget kept on decreasing in 4 years’

ISLAMABAD: Minister for Planning and Development Ahsan Iqbal on Thursday said that the government had no option but...

Published 17 Jun, 2022 06:37am

Business & Finance

Punjab govt proposes Rs240bn for South Punjab

LAHORE: In the Punjab Budget 2022-23, the Punjab government has proposed an allocation of Rs 240 billion, 35 percent...

Published 15 Jun, 2022 06:43am

Business & Finance

Country begins cement export to US

KARACHI: For the first time in the country’s history, the export of cement has begun to the United State, which is...

Published 15 Jun, 2022 05:47am

Gainers
Losers
Leaders

Stock	Price
Kohinoor Power / Nov 28 Kohinoor Power Company Limited(KOHP)	4.60 ▲ 0.72 (18.56%)
Saritow Spinning / Nov 28 Saritow Spinning Mills Limited(SSML)	6.90 ▲ 0.90 (15.00%)
Hira Textile / Nov 28 Hira Textile Mills Limited(HIRAT)	2.20 ▲ 0.24 (12.24%)
Service Textile / Nov 28 Service Industries Textiles Limited(SERT)	10.11 ▲ 1.00 (10.98%)
Shaheen Ins. / Nov 28 Shaheen Insurance Company Limited(SHNI)	3.74 ▲ 0.29 (8.41%)
Chakwal Spinning / Nov 28 Chakwal Spinning Mills Limited(CWSM)	2.20 ▲ 0.17 (8.37%)
Premier Insurance / Nov 28 Premier Insurance Limited(PINL)	7.90 ▲ 0.58 (7.92%)
Safe Mix Con.Lt / Nov 28 Safe Mix Concrete Limited(SMCPL)	13.70 ▲ 1.00 (7.87%)
Saif Textile / Nov 28 Saif Textile Mills Limited(SAIF)	12.40 ▲ 0.88 (7.64%)
Calcorp / Nov 28 Calcorp Limited(CASH)	19.91 ▲ 1.39 (7.51%)

Stock	Price
Samba Bank / Nov 28 Samba Bank Limited(SBL)	7.85 ▼ -0.66 (-7.76%)
Hala Enterprise / Nov 28 Hala Enterprises Limited(HAEL)	10.55 ▼ -0.86 (-7.54%)
Metro Steel / Nov 28 Metropolitan Steel Corporation Limited(MSCL)	24.97 ▼ -2.02 (-7.48%)
J.A.Textile / Nov 28 J.A. Textile Mills Limited(JATM)	50.09 ▼ -4.01 (-7.41%)
Bank of Khyber / Nov 28 The Bank of Khyber(BOK)	11 ▼ -0.80 (-6.78%)
Leather Up Ltd. / Nov 28 Leather Up Limited(LEUL)	11.01 ▼ -0.76 (-6.46%)
Ask.Gen.Insur. / Nov 28 Askari General Insurance Company Limited(AGIC)	17.71 ▼ -1.18 (-6.25%)
Indus Dyeing / Nov 28 Indus Dyeing & Manufacturing Co. Limited(IDYM)	156.55 ▼ -10.10 (-6.06%)
Bannu Woollen / Nov 28 Bannu Woollen Mills Limited(BNWM)	30 ▼ -1.78 (-5.60%)
Punjab Mod / Nov 28 First Punjab Modaraba(FPJM)	1.60 ▼ -0.09 (-5.33%)

Stock	Volume
Kohinoor Spining / Nov 28 Kohinoor Spinning Mills Limited(KOSM)	109,392,000 ▲ 0.08
WorldCall Telecom / Nov 28 Worldcall Telecom Limited(WTL)	43,313,979 ▲ 0.07
Yousuf Weaving / Nov 28 Yousaf Weaving Mills Limited(YOUW)	22,758,500 ▼ -0.17
Treet Corp. (R) / Nov 28 Treet Corporation Limited (R)(TREETR2)	22,745,259 ▼ -0.07
Maple Leaf Cement / Nov 28 Maple Leaf Cement Factory Limited(MLCF)	17,865,589 ▲ 0.03
D.G.K.Cement / Nov 28 D.G. Khan Cement Company Limited(DGKC)	15,655,201 ▲ 1.88
Agritech Limited / Nov 28 Agritech Limited(AGL)	15,233,500 ▲ 0.58
Pak Elektron / Nov 28 Pak Elektron Limited(PAEL)	14,205,993 ▼ -0.01
P.I.A.C.(A) / Nov 28 Pakistan International Airlines Corp(PIAA)	13,108,000 ▼ -0.12
B.O.Punjab / Nov 28 The Bank of Punjab(BOP)	13,103,901 ▲ 0.01

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 28	285.85
USD PKR Interbank Buying / Nov 28	285.35
USD to Japanese Yen / Nov 28	148.25
USD to Swiss Franc / Nov 28	0.88
Pound Sterling to USD / Nov 28	1.26
Euro to USD / Nov 28	1.10
UK LIBOR % / Nov 27	5.46

Stock	Volume
S&P 500 / Nov 27	4550.43
Nasdaq / Nov 27	14241.02
Dow Jones / Nov 27	35333.47
India Sensex / Nov 28	65983.73
Tokyo Nikkei / Nov 28	33370.40
Hang Seng / Nov 28	17485.79
FTSE 100 / Nov 28	7442.27
Germany DAX 30 / Nov 28	15941.55
France CAC40 / Nov 28	7237.40

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 27	17735
Gold 10 Grams PKR / Nov 27	185614
Crude Oil USD/Barrel / Nov 28	74.99
Gold Spot USD/Ounce / Nov 28	2015.58
Cotton US¢/pound / Nov 28	79.06

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