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Finance Division

Finance secy bars officials from taking financial benefits from other entities

ISLAMABAD: While taking serious note of honoraria being received by the officials of Finance Division from other...

Published 26 Mar, 2023 03:19am

ECC told: G-B working on targeted wheat subsidy plan

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet was informed that Gilgit-Baltistan (GB) is...

Updated 26 Mar, 2023 10:21am

Austerity measures: MoF links Q4 releases with surrender of 5pc non-ERE funds

ISLAMABAD: The Ministry of Finance (MoF) is said to have linked releases of fourth quarter of current fiscal year,...

Updated 24 Mar, 2023 08:52am

Clearance of SME Bank depositors’ liabilities: Rs5.557bn savings from closed ADB FMGP project loan to be used

ISLAMABAD: The federal government has decided to use funds of Rs 5.557 billion savings from the closed ADB Financial...

Updated 24 Mar, 2023 08:50am

Business & Finance

Pakistan Post Office: KE urges govt to help it recover Rs4.8bn

ISLAMABAD: K-Electric (KE) has sought help from Finance Division for recovery of outstanding consumer collection of...

Published 22 Mar, 2023 06:24am

Editorials

Bank borrowing

EDITORIAL: Bank deposits grew by 15 percent in one year to 22.92 trillion rupees in February 2023 compared to 19.91...

Published 16 Mar, 2023 06:01am

WB links release of $400m to GST dispute settlement

ISLAMABAD: World Bank (WB) has reportedly linked release of $400 million of RISE-II program to resolution of dispute...

Updated 14 Mar, 2023 09:22am

Bridge financing for digital census: ECC asks 4 ministries to surrender Rs12bn

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has directed four Ministries to surrender Rs 12...

Updated 12 Mar, 2023 09:51am

Pakistan

Rs26bn deposited due to issuance of 4.5m passports, Dar told

ISLAMABAD: Federal Minister for Finance and Revenue Senator Ishaq Dar chaired a meeting at the establishment of...

Published 07 Mar, 2023 03:16am

Rs12bn will be given for 7th Census: ECC approves Hajj Policy 2023 with $90m forex cover

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved the Hajj Policy for 2023 with...

Updated 07 Mar, 2023 08:50am

Business & Finance

FD raises objections over 5Es Framework for enhancing exports

ISLAMABAD: The Finance Division has raised objections over the 5Es Framework for enhancing exports, while saying ...

Published 06 Mar, 2023 07:45am

Pension, subsidies & cut in SOEs’ losses: ‘Structural reforms’ being introduced thru budget: Dar

Proposed austerity measures come under consideration during Federal Cabinet meeting

Updated 03 Mar, 2023 11:46am

Sukuks, investments in INPCs: Govt decides to re-pledge approved assets

Federal government is authorized to borrow under Article 166 of Constitution, says Finance Division

Updated 02 Mar, 2023 09:23am

Business & Finance

ADB team briefed about economic outlook

ISLAMABAD: A delegation of executive directors of the Asian Development Bank (ADB) called on Federal Minister for...

Updated 28 Feb, 2023 09:37am

Opinion

Outsourcing govt borrowing!

On Friday Feb 24, a news report appeared in this newspaper that the ministry of finance (MoF) is working on a plan ...

Published 27 Feb, 2023 06:17am

Editorials

The floundering economy

EDITORIAL: Current account deficit has declined 67 percent to 3.8 billion dollars (July-January 2022-23) against...

Published 27 Feb, 2023 06:17am

Why IMF lending still stalled?

Reticence amongst some of the friendly countries in disbursing already pledged support and roll overs major reasons for the stalled ninth review of IMF

Updated 27 Feb, 2023 10:37am

Business & Finance

MoF denies instruction to stop salary, pension payments

ISLAMABAD: Finance Ministry has said that there are rumours floating around that government has instructed to stop...

Published 26 Feb, 2023 03:27am

Business & Finance

Role of FD, FBR: Info technology minister makes sardonic comment

ISLAMABAD: The Finance Division and the Federal Board of Revenue (FBR) need to understand the issues being faced by...

Published 24 Feb, 2023 06:00am

Outsourcing govt borrowing on the cards

Finance Ministry is working on a plan with SECP to outsource government borrowing aimed at getting money from public at less rates than banks

Updated 24 Feb, 2023 11:40am

Govt, KE ink deal to settle Rs312.7m dispute

ISLAMABAD: The federal government and K-Electric (KE) are said to have inked a pact to settle 27-year old dispute of...

Updated 23 Feb, 2023 09:23am

Editorials

The challenge of elite capture and collusion

EDITORIAL: A briefing by the Finance Division to the Federal Cabinet claimed that the delay in the International...

Published 23 Feb, 2023 05:52am

Pakistan

Federal secretariat, ICT: Executive allowance for officers notified

ISLAMABAD: The federal government notified on Monday grant of executive allowance to officers of BSP 17-22 working ...

Published 21 Feb, 2023 05:58am

Business & Finance

NBP president’s slot: selection process scrapped

ISLAMABAD: The Federal Cabinet has scrapped selection process of President National Bank of Pakistan (NBP) after...

Updated 16 Feb, 2023 08:54am

Pakistan

Pay of federal govt employees: Grant of special dispensation allowed with retrospective effect

ISLAMABAD: The Finance Division has notified special dispensation for the federal government employees from pay ...

Published 15 Feb, 2023 06:27am

Raising financing for national security: Finance Division decides to avail direct credit lines

ISLAMABAD: Finance Division has reportedly decided to avail direct credit lines from banks/ financial institutions ...

Updated 15 Feb, 2023 09:06am

Govt’s ‘attached bodies’: Finance Div seeks prior vetting of rules

ISLAMABAD: Finance Division has urged all ministries/divisions having autonomous/semi-autonomous bodies/ ...

Updated 11 Feb, 2023 08:56am

Opinion

PARTLY FACETIOUS: His empire is too limited

“It has piqued my interest too.” “What? That Ishaq Dar was allowed to expand his empire by inducting four new...

Published 09 Feb, 2023 06:02am

Business & Finance

NBP president’s slot: Name proposed by FD not approved by Cabinet

ISLAMABAD: The federal cabinet did not approve the candidate proposed by the Finance Division for appointment of the...

Published 08 Feb, 2023 06:10am

AIIB chief economist briefed about state of economy

ISLAMABAD: A meeting was held with Erik Berglof, Chief Economist, Asian Infrastructure Bank (AIIB) here. SAPM on...

Updated 08 Feb, 2023 09:12am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Mar 26 786 Investments Limited(786)	4.95 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Mar 26 Al-Abbas Sugar Mills Limited(AABS)	361.20 ▼ 0.00 (0.00%)
Agro Allianz / Mar 26 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Mar 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Mar 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Mar 26 Allied Bank Limited(ABL)	62.50 ▼ 0.00 (0.00%)
Abbott Lab. / Mar 26 Abbott Laboratories (Pakistan) Limited(ABOT)	398.28 ▼ 0.00 (0.00%)
Abson Ind. / Mar 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Mar 26 Alfalah Consumer Index ETF.(ACIETF)	6.72 ▼ 0.00 (0.00%)
Attock Cement / Mar 26 Attock Cement Pakistan Limited(ACPL)	56.07 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Mar 26 786 Investments Limited(786)	4.95 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Mar 26 Al-Abbas Sugar Mills Limited(AABS)	361.20 ▲ 0.00 (0.00%)
Agro Allianz / Mar 26 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Mar 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Mar 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Mar 26 Allied Bank Limited(ABL)	62.50 ▲ 0.00 (0.00%)
Abbott Lab. / Mar 26 Abbott Laboratories (Pakistan) Limited(ABOT)	398.28 ▲ 0.00 (0.00%)
Abson Ind. / Mar 26 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Mar 26 Alfalah Consumer Index ETF.(ACIETF)	6.72 ▲ 0.00 (0.00%)
Attock Cement / Mar 26 Attock Cement Pakistan Limited(ACPL)	56.07 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Mar 26 Worldcall Telecom Limited(WTL)	4,011,170 ▲ 0.00
Telecard Limited / Mar 26 Telecard Limited(TELE)	3,877,000 ▲ 0.00
TPL Properties / Mar 26 TPL Properties Limited(TPLP)	1,839,174 ▲ 0.00
Pak Elektron / Mar 26 Pak Elektron Limited(PAEL)	1,788,500 ▲ 0.00
Fauji Cement / Mar 26 Fauji Cement Company Limited(FCCL)	1,517,500 ▲ 0.00
Ghani Glo Hol / Mar 26 Ghani Global Holdings Limited(GGL)	1,464,753 ▲ 0.00
TRG Pak Ltd / Mar 26 TRG Pakistan Limited(TRG)	1,323,297 ▲ 0.00
Cnergyico PK / Mar 26 Cnergyico PK Limited(CNERGY)	1,307,610 ▲ 0.00
Fauji Foods Ltd / Mar 26 Fauji Foods Limited(FFL)	1,204,138 ▲ 0.00
Hascol Petrol / Mar 26 Hascol Petroleum Limited(HASCOL)	1,161,000 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 22	285.50
USD PKR Interbank Buying / Mar 22	283.20
USD to Japanese Yen / Mar 24	130.73
USD to Swiss Franc / Mar 24	0.92
Pound Sterling to USD / Mar 24	1.22
Euro to USD / Mar 24	1.08
UK LIBOR % / Mar 22	4.56

Stock	Volume
S&P 500 / Mar 24	3970.99
India Sensex / Mar 24	57527.10
Tokyo Nikkei / Mar 24	27385.25
Nasdaq / Mar 24	11823.96
Hang Seng / Mar 24	19915.68
FTSE 100 / Mar 24	7405.45
Dow Jones / Mar 24	32237.53
Germany DAX 30 / Mar 24	14957.23
France CAC40 / Mar 24	7015.10

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 21	19235
Gold 10 Grams PKR / Mar 22	175068
Crude Oil USD/Barrel / Mar 24	69.26
Gold Spot USD/Ounce / Mar 24	1978.21
Cotton US¢/pound / Mar 24	76.54

Finance Division

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