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Economic distress

Performance targets in IMF programme

The newly approved IMF Programme in the form of a 37-month Extended Fund Facility can be considered as perhaps the...

Published 22 Oct, 2024 06:33am

Business & Finance

Experts for converting circular debt into cheap public debt

LAHORE: To address the issue of circular debt, power sector experts have suggested converting circular debt into...

Published 22 Oct, 2024 06:33am

Editorials

Domestic debt

EDITORIAL: The federal government has retired over one trillion rupees of domestic debt borrowed for budgetary...

Published 21 Oct, 2024 06:39am

Opinion

IMF: reputation at stake

A new report of the International Monetary Fund (IMF) disclosed that the lender has risked its reputation by...

Published 19 Oct, 2024 06:48am

Macroeconomy: Structural challenges persist: SBP

KARACHI: The State Bank of Pakistan (SBP) has said that a host of structural impediments continue to pose challenges...

Updated 18 Oct, 2024 09:24am

Global energy price variations pose risks: SBP projects 2.5-3.5pc growth

KARACHI: The State Bank of Pakistan (SBP) has said that uncertainty on the economic front has reduced and...

Updated 18 Oct, 2024 09:38am

Opinion

Net metering: Balancing the scales—I

Potential promises of clean, sustainable, and long-term cost-saving alternatives have dominated the discussion about...

Published 17 Oct, 2024 06:34am

Opinion

Electricity market stuck in limbo

Pakistan’s electricity sector reform has been a topic of discussion for over three decades, with the ambition to...

Published 17 Oct, 2024 06:34am

Opinion

The spectre of very high power tariffs

While the federal government must be appreciated for cancelling contracts with 5 IPPs (Independent Power Producers),...

Published 17 Oct, 2024 06:34am

Editorials

Govt debt hits ‘all time high’

EDITORIAL: The economy clearly seems on the mend. The IMF programme is under way, inflation has dropped...

Published 17 Oct, 2024 06:34am

Opinion

When trust goes down…

Business goes down. Stock market goes down. Growth goes down. These are the hot news ingredients that become...

Updated 16 Oct, 2024 08:39am

‘Take and pay’ mode: Govt tailors four customised options for 18 IPPs

ISLAMABAD: The government experts are said to have tailored four options of ‘take and pay’ mode to be offered to 18...

Updated 16 Oct, 2024 03:44pm

Editorials

IMF’s reputational risks

EDITORIAL: In documents uploaded on the International Monetary Fund (IMF) website in the early hours of this Friday...

Updated 16 Oct, 2024 08:36am

Opinion

Macroeconomic projections of IMF, WB

There have been two very recent sets of macroeconomic projections for Pakistan. The first is in the IMF Staff Report...

Published 15 Oct, 2024 06:47am

Editorials

Stock market: what it means to be cautious

EDITORIAL: Pakistan Stock Market (PSX) is on a consistent rise. There are elements of re-rating of country risk by...

Published 15 Oct, 2024 06:47am

Opinion

Victimising local IPP sponsors risks scaring future investment

The first round of IPP negotiations has concluded, resulting in the termination of five contracts through coercive...

Updated 14 Oct, 2024 07:35am

Opinion

Dated IMF staff report

The International Monetary Fund (IMF) uploaded documents early 11 October Pakistan time, nearly thirteen weeks after...

Updated 14 Oct, 2024 07:33am

Business & Finance

IMF spells out factors behind country’s underperformance

ISLAMABAD: Several macroeconomic distortions and policy-related restrictions including protectionist interventions, ...

Published 12 Oct, 2024 06:45am

IMF spells out threats to reform momentum

Says political economy considerations and pressures from vested interests could delay or weaken the reform momentum and put at risk still-brittle stability

Updated 12 Oct, 2024 09:53pm

Fund sets 22 structural benchmarks and conditionalities

ISLAMABAD: The International Monetary Fund (IMF) has set 22 structural benchmarks (SBs) and conditionalities for the...

Updated 12 Oct, 2024 09:38pm

Power sector: Govt commits to IMF about drastic reforms

ISLAMABAD: The government has committed to the International Monetary fund (IMF) to revise terms of Power Purchase...

Updated 12 Oct, 2024 09:59pm

Business & Finance

4.7pc of GDP: IMF projects external financing needs for FY25 at $18.813bn

ISLAMABAD: The International Monetary Fund (IMF) has projected Pakistan’s gross external financing needs at $18.813...

Updated 12 Oct, 2024 10:04pm

IMF official supports reforms in public sector

Says Pakistan has managed to revive economic and financial stability over the past fiscal year

Updated 11 Oct, 2024 02:27pm

Editorials

Establishing fiscal discipline

EDITORIAL: In a landmark move, the federal and four provincial governments have agreed on a National Fiscal Pact...

Published 11 Oct, 2024 06:30am

Editorials

Privatising PIA: a Herculean task

EDITORIAL: Yet another delay appears to be on the cards with respect to the privatisation of Pakistan International...

Published 09 Oct, 2024 06:59am

Opinion

Reversing the business strategy

There is reverse production. There is reverse marketing. There is reverse pricing. These are all functional...

Published 09 Oct, 2024 06:49am

Business & Finance

Govt debt hits all-time high of Rs70.36trn by Aug-end

KARACHI: The federal government’s total debt stocks crossed Rs 70 trillion mark at the end of August 2024 primarily...

Updated 09 Oct, 2024 08:53am

Strike and strife cost economy Rs190bn a day: minister

ISLAMABAD: Finance Minister Muhammad Aurangzeb on Tuesday said that national economy suffered cumulative losses of...

Updated 09 Oct, 2024 08:53am

Opinion

Emerging negative factors

There is an air of general optimism about the economy today. The Extended Fund Facility of $7 billion was approved ...

Updated 08 Oct, 2024 08:11am

Opinion

The impact of reduced cotton production on rural economies and country’s balance of payments

The basic rule of economics is clear: global demand drives global production, and countries with a comparative...

Updated 08 Oct, 2024 08:40am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 21	277.82
USD PKR Interbank Buying / Oct 21	277.60
USD to Japanese Yen / Oct 22	150.86
USD to Swiss Franc / Oct 22	0.87
Pound Sterling to USD / Oct 22	1.30
Euro to USD / Oct 22	1.08

Stock	Volume
S&P 500 / Oct 21	5,853.98
Nasdaq / Oct 21	18,540.01
FTSE 100 / Oct 21	8,318.24
Dow Jones / Oct 21	42,931.60
Germany DAX 30 / Oct 21	19,461.19
France CAC40 / Oct 21	7,536.23
India Sensex / Oct 22	80,819.52
Tokyo Nikkei / Oct 22	38,436.98

Item	Value
Gold 10 Grams PKR / Oct 21	242,027
Petrol/Litre / Oct 22	247.03
Crude Oil USD/Barrel / Oct 22	70.33
Karachi Cotton PKR/37.32 KG / Oct 22	18,085
Gold Spot USD/Ounce / Oct 22	2,734.40
Diesel/Litre / Oct 22	251.29

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Oct 22 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 22 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Oct 22 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 22 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 22 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 22 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Oct 22 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 22 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 22 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 22 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Oct 22 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 22 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Oct 22 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Oct 22 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Oct 22 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Oct 22 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Oct 22 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Oct 22 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Oct 22 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Oct 22 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Oct 22 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Oct 22 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Oct 22 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Oct 22 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Oct 22 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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