Trends - EAD - Business Recorder

EAD

NA panel informed: Dasu project won’t be completed by May 2024

ISLAMABAD: The Dasu Hydropower (Phase-I) project would not be completed even by the revised schedule of May 2024,...

Updated 29 Sep, 2022 09:49am

Pakistan

Pakistan incurs $439mn of external debt in first two months of FY23: EAD

Govt has budgeted estimates of foreign assistance of $22.8bn for current financial year

Updated 24 Sep, 2022 09:36pm

Post-flood challenges: Govt won’t opt for debt rescheduling or moratorium: MoEA

ISLAMABAD: Pakistan will not opt for debt rescheduling or moratorium to meet floods-related challenges as it is not...

Updated 17 Sep, 2022 12:23pm

Around $17bn foreign debt incurred in FY22

Around $4.9 billion was taken from foreign commercial banks

Updated 26 Jul, 2022 10:00am

Pakistan

Hiring of financial advisors: Govt decides to amend PC Regulations

ISLAMABAD: The government has decided to amend the Privatisation Commission (Hiring of Financial Advisers)...

Published 25 Jun, 2022 04:42am

Business & Finance

Procurement of Financial Advisory Services: EAD asked to explore funding possibilities

ISLAMABAD: Minister for Finance, Miftah Ismail, has directed that development partners be approached for funding...

Published 18 Jun, 2022 06:00am

Over $13bn debt incurred in 10 months: EAD

External inflows during the corresponding period (July-April) of fiscal year 2020-21 were $10.195 billion

Updated 24 May, 2022 09:55am

World Bank, Wapda holding talks on setting up of 300MW floating solar project

ISLAMABAD: The World Bank and Water and Power Development Authority (Wapda) are reportedly holding talks on...

Updated 21 Apr, 2022 10:29am

Caretaker setup empowered to procure new loans

ISLAMABAD: A caretaker setup is empowered to procure new external loans but not to impose new taxes when the ...

Updated 07 Apr, 2022 10:54am

Business & Finance

$12.178bn foreign debt incurred in first 8 months of FY22

ISLAMABAD: Pakistan incurred foreign debt of $12.178 billion from multiple financing sources in the first eight...

Updated 26 Mar, 2022 10:48am

ECC nod sought for 15 debt rescheduling agreements

ISLAMABAD: Economic Affairs Division (EAD) has sought nod from the Economic Coordination Committee (ECC) to sign 15...

Updated 15 Mar, 2022 10:00am

World Bank briefs ministry about projects being funded by it

Out of 54 projects, 23 projects worth $7.8bn are being implemented by the federal government against which $3.4 bn has been disbursed so far

Updated 12 Feb, 2022 05:38pm

54 projects being implemented through World Bank funding

Federal Minister for Economic Affairs directs EAD officials to set up a project management unit for effective monitoring of development schemes

Updated 10 Feb, 2022 10:17am

Business & Finance

Jul-Dec: Pakistan incurs $9.432bn foreign debt

ISLAMABAD: Pakistan incurred foreign debt of $9.432 billion from multiple financing sources in the first half months...

Updated 26 Jan, 2022 12:10pm

Pakistan

The Sajid Majeed Chaudhry issue: EAD underscores need for forming ‘independent’ commission of inquiry

ISLAMABAD: The mystery of Sajid Majeed Chaudhry’s whereabouts and his linkages with Lashkar-e-Taiba is said to ...

Published 04 Jan, 2022 06:54am

Business & Finance

Fiscal year 2021-22: $4.7bn foreign debt incurred in first 5 months

ISLAMABAD: Pakistan incurred foreign debt of $4.7 billion from multiple financing sources in the first five months...

Updated 24 Dec, 2021 09:56am

Business & Finance

Pakistan inks $1.5bn loan agreements with ADB

The projects signed today mark ADB’s strong commitment for Pakistan’s post-pandemic recovery and sustainable development, says Yong Ye, ADB’s Country Director for Pakistan

Updated 22 Dec, 2021 06:54pm

All set for inking $1.5bn loan agreements with ADB

ISLAMABAD: Pakistan and the Asian Development Bank (ADB) will sign six financing loan agreements worth $1.535 ...

Published 22 Dec, 2021 06:13am

Fawad directs EAD, FIA to probe allegations against FAFEN

ISLAMABAD: Minister for Information and Broadcasting Chaudhry Fawad Hussain said on Saturday that former Chief of...

Published 21 Nov, 2021 03:26am

Business & Finance

Import of POL products: ITFC to provide $761.5mn Murabaha financing to Pakistan

The International Islamic Trade Finance Corporation (ITFC), an autonomous subsidiary within the Islamic Development...

Published 04 Nov, 2021 04:22pm

Business & Finance

Wide-ranging cooperation on the cards: Russia shows interest in PSM revival

ISLAMABAD: While showing concern at the slow pace of implementation of previous pacts, Russia has shown an interest...

Updated 01 Nov, 2021 10:24am

Fixation of cotton intervention price: Cabinet refers back ECC’s decision

ISLAMABAD: The Federal Cabinet has referred back a decision of the Economic Coordination Committee (ECC) on fixation...

Updated 28 Jul, 2021 10:09am

Pakistan

Multiple financing sources: $10.195bn foreign debt incurred: EAD

ISLAMABAD: Pakistan incurred foreign debt of $10.195 billion from multiple financing sources during July-April of...

Published 26 May, 2021 03:45am

Saudi Arabia to extend $500m long-term concessional loan

ISLAMABAD: Saudi Arabia is to extend long-term concessional loan of $ 500 million (Saudi Riyal, 1.875 billion) to...

Published 07 May, 2021 04:35am

Editorials

Ominous challenges before PM’s team

EDITORIAL: Shaukat Tarin’s appointment as Minister for Finance with additional portfolio of Revenue two weeks ...

Published 20 Apr, 2021 03:59am

Pakistan

IA inked with Germany to improve labour, social standards

ISLAMABAD: The Ministry of Commerce and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, Germany...

Published 01 Apr, 2021 04:10am

Pakistan

Credit Financing Agreement worth 65m euros signed

ISLAMABAD: Secretary of Economic Affairs Division (EAD) Noor Ahmed, Ambassador of France Marc Barety and Country...

Updated 18 Mar, 2021 09:24am

ML-1 facing delay in absence of firm loan commitment

ISLAMABAD: Pakistan Railways ML-1 project package-1 is reportedly facing delays as China has not formally...

Published 17 Feb, 2021 04:24am

Pakistan

Chakdara-Timargarah Road: $49.045m loan agreement for N-45 inked with EXIM Bank of Korea

ISLAMABAD: The government of Pakistan on Thursday signed a loan agreement of $49.045 million for Chakdara-Timargarah...

Updated 29 Jan, 2021 09:46am

Multiple financing sources: $5.688bn foreign debt incurred in 1H

ISLAMABAD: Pakistan incurred foreign debt of $5.688 billion from multiple financing sources in the first half...

Published 21 Jan, 2021 04:23am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Oct 1 786 Investments Limited(786)	4.58 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 1 Al-Abbas Sugar Mills Limited(AABS)	310 ▼ 0.00 (0.00%)
Agro Allianz / Oct 1 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 1 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 1 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 1 Allied Bank Limited(ABL)	64.90 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 1 Abbott Laboratories (Pakistan) Limited(ABOT)	582.92 ▼ 0.00 (0.00%)
Abson Ind. / Oct 1 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 1 Alfalah Consumer Index ETF.(ACIETF)	8.01 ▼ 0.00 (0.00%)
Attock Cement / Oct 1 Attock Cement Pakistan Limited(ACPL)	81.57 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 1 786 Investments Limited(786)	4.58 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 1 Al-Abbas Sugar Mills Limited(AABS)	310 ▼ 0.00 (0.00%)
Agro Allianz / Oct 1 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 1 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 1 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 1 Allied Bank Limited(ABL)	64.90 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 1 Abbott Laboratories (Pakistan) Limited(ABOT)	582.92 ▼ 0.00 (0.00%)
Abson Ind. / Oct 1 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 1 Alfalah Consumer Index ETF.(ACIETF)	8.01 ▼ 0.00 (0.00%)
Attock Cement / Oct 1 Attock Cement Pakistan Limited(ACPL)	81.57 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 30	229.60
USD PKR Interbank Buying / Sep 30	228.60
USD to Japanese Yen / Sep 30	144.74
USD to Swiss Franc / Sep 30	0.99
Pound Sterling to USD / Sep 30	1.12
Euro to USD / Sep 30	0.98
UK LIBOR % / Sep 29	3.06

Stock	Volume
S&P 500 / Sep 30	3585.62
India Sensex / Sep 30	57426.92
Tokyo Nikkei / Sep 30	25937.21
Nasdaq / Sep 30	10575.62
Hang Seng / Sep 30	17222.83
FTSE 100 / Sep 30	6893.81
Dow Jones / Sep 30	28725.51
Germany DAX 30 / Sep 30	12114.36
France CAC40 / Sep 30	5762.34

Item	Value
Crude Oil USD/Barrel / Sep 30	79.49
Karachi Cotton PKR/37.32 KG / Sep 30	20735
Gold 10 Grams PKR / Sep 30	124743
Gold Spot USD/Ounce / Sep 30	1660.61
Cotton US¢/pound / Sep 30	85.34

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