Topic

Economic Survey 2022 23

Tax targets versus tax gap—I

Updated 14 Jul, 2023 06:47am

“…the FBR’s revenue target has been increased to Rs 9,415 billion, requiring a 31% increase over collection of...

FY23: a very bad year for economy

Published 23 Jun, 2023 06:00am

The Economic Survey of Pakistan (2022-23), released by the Ministry of Finance (MoF), as per tradition a day before...

Opposition describes federal budget as ‘mere fudging of figures’

Published 13 Jun, 2023 06:00am

ISLAMABAD: The opposition on Monday dismissed the new federal budget as “mere fudging of figures and gross...

GDP estimates: a failure of ‘Planning’?

Published 09 Jun, 2023 08:38am

The federal finance minister had a profound moment of candidness yesterday. During the press conference for the...

The cost of 2022 floods

Published 09 Jun, 2023 08:37am

Pakistan is among the countries worst hit by the climate – a trailer of which was witnessed during last year’s...

IMF blamed for cutbacks in social services

Updated 09 Jun, 2023 10:39am

ISLAMABAD: The federal government has blamed the International Monetary Fund (IMF) for cutbacks in social services...

Economic Survey: Cumulative education expenditures estimated at 1.77pc of GDP

Published 09 Jun, 2023 06:20am

ISLAMABAD: The cumulative education expenditures by federal and provincial governments in fiscal year 2022 is...

What does Economic Survey lack?

Published 09 Jun, 2023 06:20am

Economic Survey 2022-23, unlike previous surveys, raises more questions of competence as opposed to credibility,...

Policy rate hike couldn’t arrest inflation rise

Updated 09 Jun, 2023 09:02am

ISLAMABAD: The government has acknowledged that increasing the policy rate by the State Bank of Pakistan (SBP) has...

A budget amid deep economic slump

Updated 09 Jun, 2023 06:54am

EDITORIAL: The federal government is presenting the country’s annual budget in parliament today. It would like to...

SBP to leave 21pc policy rate unchanged amid high inflation

Updated 09 Jun, 2023 09:01am

KARACHI: Central bank is widely expected to keep its key interest rate unchanged at 21% on Monday after aggressive...

Statistical appendices: Survey severely limited

Updated 09 Jun, 2023 08:58am

ISLAMABAD: The Economic Survey 2022-23 released amidst much fanfare by Federal Finance Minister Ishaq Dar is...

Unemployment rate fell to 6.3pc in FY21

Updated 09 Jun, 2023 08:59am

ISLAMABAD: Pakistan’s unemployment rate fell to 6.3 percent in 2020-2021 from 6.9 per cent in 2018-2019, according...

External public debt recorded at $85.2bn by March-end

Updated 09 Jun, 2023 08:59am

ISLAMABAD: External public debt was recorded at $85.2 billion at the end of March 2023, revealing a decrease of...

Banks disburse Rs1.222trn agri credit

Updated 09 Jun, 2023 08:57am

KARACHI: With 27.5 percent growth, the agriculture lending financial institutions have disbursed Rs 1.222 trillion...

Global slowdown, import curbs: Jul-Mar exports, imports post negative growth

Updated 09 Jun, 2023 08:56am

ISLAMABAD: The country’s exports and imports have posted a negative growth during first three quarters (July-March)...

Jul-Mar of FY 2022-23: Deposits of gas, crude oil deplete

Published 09 Jun, 2023 06:20am

ISLAMABAD: The deposits of natural gas and crude oil have depleted by 9.29 percent and 10.23 percent during first...

Tax exemptions cost exchequer over Rs2.23trn

Updated 09 Jun, 2023 02:49pm

Cost of tax exemptions registered a growth of 27.43 per cent during 2022-23 as compared to tax expenditure in 2021-22

With exception of buses, significant decline was seen in productivity of all sub-sectors

Economic Survey 2022-23: Pakistan ‘ranks second most financially attractive location for outsourcing IT services’

Published 08 Jun, 2023 07:53pm

In a first, government includes IT and telecommunication sectors in the document

Key highlights of the Pakistan Economic Survey 2022-23

Updated 08 Jun, 2023 08:19pm

Business Recorder takes a look at important points during a year of flood devastation, uncertain IMF programme and massive political turmoil

Dar puts onus of ‘another IMF programme’ on new govt

Updated 08 Jun, 2023 08:50pm

While unveiling Economic Survey 2022-23, finance minister says it will be 'undemocratic and unfair' to initiate talks with lender on new loan facility

Economic Survey 2022-23: Dar argues against rupee devaluation as he unveils govt’s report card

Updated 08 Jun, 2023 05:59pm

Finance minister says Pakistan was faced with severe economic challenges when current govt took over last year

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 30	277.31
USD PKR Interbank Buying / Sep 30	277.11
USD to Japanese Yen / Sep 30	157.84
USD to Swiss Franc / Sep 30	0.83
Pound Sterling to USD / Sep 30	1.33
Euro to USD / Sep 30	1.13
SOFR % / Sep 29	3.88

Stock	Volume
S&P 500 / Sep 30	7,651.54
India Sensex / Sep 30	72,480.29
Tokyo Nikkei / Sep 30	66,753.72
Nasdaq / Sep 30	26,861.06
Hang Seng / Sep 30	24,613.27
FTSE 100 / Sep 30	10,606
Dow Jones / Sep 30	50,906.05
Germany DAX 30 / Sep 30	25,199.19
France CAC40 / Sep 30	7,964.51

Item	Value
Crude Oil USD/Barrel / Sep 30	90.56
Karachi Cotton PKR/37.32 KG / Sep 30	18,680
Gold 10 Grams PKR / Sep 30	378,631
Gold Spot USD/Ounce / Sep 30	4,154.77
Cotton US¢/pound / Sep 30	78.52
Petrol/Litre / Oct 1	387.54
Diesel/Litre / Oct 1	402.24

Gainers
Losers
Leaders

Stock	Price
Colony Tex.Mills Ltd / Sep 30 Colony Textile Mills Limited(CTM)	7.26 ▲ 1 (15.97%)
Kohinoor Spinning / Sep 30 Kohinoor Spinning Mills Limited(KOSM)	5.73 ▲ 0.77 (15.52%)
Lse Spac-I Ltd. / Sep 30 Lse Spac-I Limited(SPAC1)	20.41 ▲ 1.86 (10.03%)
Tri-Star Mutual / Sep 30 Tri-Star Mutual Fund Limited(TSMF)	16.57 ▲ 1.51 (10.03%)
Sindh Modaraba / Sep 30 Sindh Modaraba(SINDM)	33.28 ▲ 3.03 (10.02%)
Ghazi Fabrics / Sep 30 Ghazi Fabrics International Limited(GFIL)	26.38 ▲ 2.4 (10.01%)
Asim Textile / Sep 30 Asim Textile Mills Limited(ASTM)	113.96 ▲ 10.36 (10%)
Dadex Eternit / Sep 30 Dadex Eternit Limited(DADX)	150.32 ▲ 13.67 (10%)
First Punjab Modaraba / Sep 30 First Punjab Modaraba(FPJM)	29.04 ▲ 2.64 (10%)
Oilboy Energy / Sep 30 Oilboy Energy Limited(OBOY)	18.59 ▲ 1.69 (10%)

Stock	Price
Ashfaq Textile / Sep 30 Ashfaq Textile Mills Limited(ASHT)	50.57 ▼ -5.62 (-10%)
Ghani Chemworld Limited(PRS) / Sep 30 Ghani Chemworld Limited(PRS)(GCWLPRS)	118.83 ▼ -13.16 (-9.97%)
Burj Clean Energy Modaraba / Sep 30 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	11.25 ▼ -1.15 (-9.27%)
The Thal Ind.Corp. / Sep 30 The Thal Industries Corporation Limited(TICL)	918.13 ▼ -92.07 (-9.11%)
Pakistan Services / Sep 30 Pakistan Services Limited(PSEL)	1,019.63 ▼ -99.15 (-8.86%)
Mandviwala / Sep 30 Mandviwala Mauser Plastic Industries(MWMP)	77.07 ▼ -7.14 (-8.48%)
S.G.Power / Sep 30 S.G. Power Limited(SGPL)	23.41 ▼ -1.84 (-7.29%)
D.M. Corporation / Sep 30 D.M. Corporation Limited(DMC)	165.33 ▼ -11.63 (-6.57%)
Cordoba Logistics / Sep 30 Cordoba Logistics & Ventures Limited(CLVL)	28.32 ▼ -1.94 (-6.41%)
EMCO Industries / Sep 30 Emco Industries Limited(EMCO)	32.10 ▼ -1.93 (-5.67%)

Stock	Volume
Pak Int.Bulk / Sep 30 Pakistan International Bulk Terminal(PIBTL)	73,446,994 ▲ 0.11
Kohinoor Spinning / Sep 30 Kohinoor Spinning Mills Limited(KOSM)	58,387,095 ▲ 0.77
Tasdeeq Info. Serv. / Sep 30 Tasdeeq Information Services Limited(TISL)	50,882,891 ▼ -0.09
Cnergyico PK / Sep 30 Cnergyico PK Limited(CNERGY)	28,308,841 ▲ 0.03
D.S. Ind. Ltd. / Sep 30 D.S. Industries Limited(DSIL)	21,823,804 ▲ 1.27
Arif Habib Corp / Sep 30 Arif Habib Corporation Limited(AHCL)	17,873,579 ▲ 0.1
Pak Refinery / Sep 30 Pakistan Refinery Limited(PRL)	17,817,038 ▲ 0.45
WorldCall Telecom / Sep 30 Worldcall Telecom Limited(WTL)	17,431,935 ▼ -0.01
S.G.Power / Sep 30 S.G. Power Limited(SGPL)	16,575,953 ▼ -1.84
F. Nat.Equities / Sep 30 First National Equities Limited(FNEL)	14,238,200 ▲ 0

Economic Survey 2022 23

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