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 / Jul 17	278.16
USD PKR Interbank Buying / Jul 17	277.96
USD to Japanese Yen / Jul 17	162.40
USD to Swiss Franc / Jul 17	0.81
Pound Sterling to USD / Jul 17	1.35
Euro to USD / Jul 17	1.14
SOFR % / Jul 17	3.60

Stock	Volume
S&P 500 / Jul 17	7,457.69
India Sensex / Jul 17	78,151.45
Tokyo Nikkei / Jul 17	64,141.12
Nasdaq / Jul 17	25,520.24
Hang Seng / Jul 17	24,562.24
FTSE 100 / Jul 17	10,600.37
Dow Jones / Jul 17	52,146.42
Germany DAX 30 / Jul 17	24,830.98
France CAC40 / Jul 17	8,338.81

Item	Value
Crude Oil USD/Barrel / Jul 17	82.49
Karachi Cotton PKR/37.32 KG / Jul 17	18,780
Gold 10 Grams PKR / Jul 17	361,656
Gold Spot USD/Ounce / Jul 17	4,017.39
Cotton US¢/pound / Jul 17	78.63
Petrol/Litre / Jul 19	316.15
Diesel/Litre / Jul 19	354.35

Gainers
Losers
Leaders

Stock	Price
Dadabhoy Cement / Jul 17 Dadabhoy Cement Industries Limited(DBCI)	17.01 ▲ 1.55 (10.03%)
Ruby Textile / Jul 17 Ruby Textile Mills Limited(RUBY)	17.59 ▲ 1.6 (10.01%)
Crescent Cotton / Jul 17 Crescent Cotton Mills Limited(CCM)	53.68 ▲ 4.88 (10%)
National Silk / Jul 17 The National Silk & Rayon Mills Limited(NSRM)	272.21 ▲ 24.75 (10%)
Suhail Jute / Jul 17 Suhail Jute Mills Limited(SUHJ)	223.96 ▲ 20.36 (10%)
Baba Farid Sugar / Jul 17 Baba Farid Sugar Mills Limited(BAFS)	418.56 ▲ 38.05 (10%)
Shadman Cotton / Jul 17 Shadman Cotton Mills Limited(SHCM)	50.61 ▲ 4.6 (10%)
Asia Ins. / Jul 17 Asia Insurance Company Limited(ASIC)	34.45 ▲ 3.13 (9.99%)
Olympia Mills / Jul 17 Olympia Mills Limited(OML)	107.58 ▲ 9.65 (9.85%)
TPL Trakker Ltd / Jul 17 TPL Trakker Limited(TPLT)	27.91 ▲ 2.5 (9.84%)

Stock	Price
Tariq Corp. (R) / Jul 17 Tariq Corporation Limited(Right)(TCORPR2)	2.70 ▼ -0.89 (-24.79%)
First Punjab Modaraba / Jul 17 First Punjab Modaraba(FPJM)	11.04 ▼ -1.23 (-10.02%)
Khairpur Sug. / Jul 17 Khairpur Sugar Mills Limited(KPUS)	1,871.47 ▼ -207.94 (-10%)
Service Textile / Jul 17 Service Industries Textiles Limited(SERT)	62.27 ▼ -6.92 (-10%)
S.G.Power / Jul 17 S.G. Power Limited(SGPL)	97.59 ▼ -10.84 (-10%)
Mughal Iron & Steel(C) / Jul 17 Mughal Iron & Steel Industries Ltd (C)(MUGHALC)	63 ▼ -6.99 (-9.99%)
Fateh Sports / Jul 17 Fateh Sports Wear Limited(FSWL)	150.29 ▼ -16.65 (-9.97%)
Paramount Spinning / Jul 17 Paramount Spinning Mills Limited(PASM)	10.91 ▼ -1.1 (-9.16%)
Power Cem(Pref) / Jul 17 Power Cement (Pref)(POWERPS)	23.62 ▼ -2.36 (-9.08%)
Supernet Tech. / Jul 17 Supernet Technologies Limited(STL)	41.34 ▼ -3.72 (-8.26%)

Stock	Volume
Cnergyico PK / Jul 17 Cnergyico PK Limited(CNERGY)	86,491,992 ▲ 0.19
TPL Properties / Jul 17 TPL Properties Limited(TPLP)	62,545,194 ▼ -0.67
Pak Refinery / Jul 17 Pakistan Refinery Limited(PRL)	38,580,070 ▲ 2.94
WorldCall Telecom / Jul 17 Worldcall Telecom Limited(WTL)	23,499,606 ▼ -0.04
K-Electric Ltd. / Jul 17 K-Electric Limited(KEL)	18,396,866 ▼ -0.24
Lotte Chemical / Jul 17 Lotte Chemical Pakistan Limited(LOTCHEM)	17,830,259 ▼ -1.32
Hascol Petrol / Jul 17 Hascol Petroleum Limited(HASCOL)	14,534,208 ▼ -0.33
B.O.Punjab / Jul 17 The Bank of Punjab(BOP)	12,503,494 ▼ -0.51
TPL REIT Fund I / Jul 17 TPL REIT Fund I(TPLRF1)	11,458,248 ▼ -0.29
PIA Holding Co.Ltd / Jul 17 PIA Holding Company Limited(PIAHCLA)	10,427,355 ▲ 0.51

Economic Survey 2022 23

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