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...

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,...

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...

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)...

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...

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 / Nov 13	276.80 ▼ -0.01
USD PKR Interbank Buying / Nov 13	276.60 ▼ -0.01
USD to Japanese Yen / Nov 13	159.71 ▼ -0.21
USD to Swiss Franc / Nov 13	0.84 ▲ 0.003
Pound Sterling to USD / Nov 13	1.32 ▼ -0.0022
Euro to USD / Nov 13	1.10 ▼ -0.0036
SOFR % / Nov 12	3.90 ▲ 0.01

Stock	Volume
S&P 500 / Nov 13	7,561.67
India Sensex / Nov 13	81,592.45
Tokyo Nikkei / Nov 13	61,142.35
Nasdaq / Nov 13	25,136.27
Hang Seng / Nov 13	23,637.60
FTSE 100 / Nov 13	10,902.56
Dow Jones / Nov 13	52,347.55
Germany DAX 30 / Nov 13	26,749.95
France CAC40 / Nov 13	8,368.91

Item	Value
Petrol/Litre / Nov 15	330
Diesel/Litre / Nov 15	360
Crude Oil USD/Barrel / Nov 13	88.56
Karachi Cotton PKR/37.32 KG / Nov 13	18,080
Gold 10 Grams PKR / Nov 13	352,911
Gold Spot USD/Ounce / Nov 13	3,884.49
Cotton US¢/pound / Nov 13	82.61

Gainers
Losers
Leaders

Stock	Price
Yousuf Weaving / Nov 13 Yousaf Weaving Mills Limited(YOUW)	6.07 ▲ 1 (19.72%)
Dewan Sugar / Nov 13 Dewan Sugar Mills Limited(DWSM)	8.77 ▲ 1 (12.87%)
LSE Financial Serv. / Nov 13 LSE Financial Services Limited(LSEFSL)	2.64 ▲ 0.28 (11.86%)
Shabbir Tiles / Nov 13 Shabbir Tiles & Ceramics Limited(STCL)	10.10 ▲ 1 (10.99%)
WorldCall Telecom / Nov 13 Worldcall Telecom Limited(WTL)	1.38 ▲ 0.13 (10.4%)
Pervez Ahmed Consultancy / Nov 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	12.06 ▲ 1.1 (10.04%)
Unicap Modaraba / Nov 13 Unicap Modaraba(UCAPM)	22.84 ▲ 2.08 (10.02%)
Leather Up Ltd. / Nov 13 Leather Up Limited(LEUL)	82.90 ▲ 7.54 (10.01%)
Ningbo Green Light / Nov 13 Ningbo Green Light Energy Limited(NGLEL)	16.48 ▲ 1.5 (10.01%)
Zuma Resources / Nov 13 Zuma Resources Limited(ZUMA)	33.75 ▲ 3.07 (10.01%)

Stock	Price
Arpak Int. / Nov 13 Arpak International Investments Ltd.(ARPAK)	124.84 ▼ -13.87 (-10%)
First AL-Noor Mod. / Nov 13 First Al-Noor Modaraba(FANM)	12.64 ▼ -1.36 (-9.71%)
Shadman Cotton / Nov 13 Shadman Cotton Mills Limited(SHCM)	69.87 ▼ -6.73 (-8.79%)
Fateh Sports / Nov 13 Fateh Sports Wear Limited(FSWL)	193.60 ▼ -16.58 (-7.89%)
Asim Textile / Nov 13 Asim Textile Mills Limited(ASTM)	62.73 ▼ -4.34 (-6.47%)
D.M. Corporation / Nov 13 D.M. Corporation Limited(DMC)	151.06 ▼ -9.64 (-6%)
Bhanero Textile / Nov 13 Bhanero Textile Mills Limited(BHAT)	1,207.41 ▼ -76.42 (-5.95%)
Hira Textile / Nov 13 Hira Textile Mills Limited(HIRAT)	4.01 ▼ -0.24 (-5.65%)
J.A.Textile / Nov 13 J.A. Textile Mills Limited(JATM)	73.72 ▼ -4.26 (-5.46%)
AN Textile Mills / Nov 13 AN Textile Mills Limited(ANTM)	58.55 ▼ -3.21 (-5.2%)

Stock	Volume
WorldCall Telecom / Nov 13 Worldcall Telecom Limited(WTL)	303,195,710 ▲ 0.13
Kohinoor Spinning / Nov 13 Kohinoor Spinning Mills Limited(KOSM)	59,505,118 ▲ 0.34
LSE Financial Serv. / Nov 13 LSE Financial Services Limited(LSEFSL)	46,791,082 ▲ 0.28
Dost Steels Ltd. / Nov 13 Dost Steels Limited(DSL)	43,180,738 ▲ 0.37
TPL Properties / Nov 13 TPL Properties Limited(TPLP)	32,746,701 ▲ 0.48
Tasdeeq Info. Serv. / Nov 13 Tasdeeq Information Services Limited(TISL)	27,571,943 ▲ 0.05
F. Nat.Equities / Nov 13 First National Equities Limited(FNEL)	24,996,122 ▲ 0.01
Yousuf Weaving / Nov 13 Yousaf Weaving Mills Limited(YOUW)	24,965,743 ▲ 1
Cnergyico PK / Nov 13 Cnergyico PK Limited(CNERGY)	22,527,745 ▲ 0.14
Dar-es-Salaam / Nov 13 Dar-es-Salaam Textile Mills Limited(DSML)	21,467,835 ▲ 0.82

Economic Survey 2022 23

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