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finance minister

Govt still clueless

There is total confusion and indecisiveness. When the Pakistan Democratic Movement (PDM) was formed the government,...

Updated 23 May, 2022 09:50am

World Bank’s RISE-II: Pakistan told it can lose funding if prior actions not completed

ISLAMABAD: World Bank (WB) has warned the government that Pakistan will lose a part of FY 23 funds from ...

Updated 23 May, 2022 09:55am

Govt seeks more SDRs from IMF to propel economy

Minister for Finance Miftah Ismail holds virtual meeting with IMF Mission Chief Nathan Porter

Updated 19 May, 2022 10:32am

Business & Finance

‘ADB committed to supporting reform agenda’

ISLAMABAD: Finance Minister Miftah Ismail on Tuesday said the Asian Development Bank has always been a great support...

Published 18 May, 2022 05:54am

No raise in POL products’ prices for now: govt

ISLAMABAD: The government has decided not to increase the petroleum prices at this point in time but did not rule...

Updated 16 May, 2022 09:40am

Opinion

A chaotic economy

While the incumbent finance minister Miftah Ismail was still in the air on his way back, having announced successful...

Updated 07 May, 2022 08:48pm

IMF asks govt to bring C/A deficit under control

DUBAI: The International Monetary Fund has urged Pakistan to bring its current account deficit under control, an...

Updated 28 Apr, 2022 11:07am

Business & Finance

With progress in IMF talks, external sector to stabilise gradually: expert

KARACHI: With progress made in talks between the government and the International Monetary Fund (IMF), Pakistan’s...

Published 27 Apr, 2022 06:11am

Govt seeks increase in size, duration of IMF programme

ISLAMABAD: Pakistan has sought an increase in the size and duration of its $6 billion International Monetary Fund...

Updated 26 Apr, 2022 10:06am

Stalled IMF programme: Revival now very much in sight

The IMF expresses support to Pakistan delegation

Updated 25 Apr, 2022 09:54am

Power sector: Miftah has not made it clear which type of subsidy he intends to cut

ISLAMABAD: Finance Minister Miftah Ismail has not yet intimated the Ministry of Energy as to which type of subsidy ...

Updated 25 Apr, 2022 10:05am

Govt, IMF reach new agreement?

ISLAMABAD: Pakistan and the International Monetary Fund (IMF) have reportedly agreed, in principle, to extend the...

Updated 25 Apr, 2022 10:04am

Event hosted by Atlantic Council: Miftah explains govt’s approach to economy

Finance minister says govt aims to bring about economic and fiscal stability

Updated 24 Apr, 2022 02:11pm

Govt likely to curb fuel subsidies

ISLAMABAD: Present government may withdraw the subsidy on petrol entirely by raising its price by Rs 21 per litre...

Updated 24 Apr, 2022 09:09am

FBR to present draft IR Code to minister for approval

ISLAMABAD: The Federal Board of Revenue (FBR) will present the draft of the Inland Revenue Code to Finance Minister...

Updated 24 Apr, 2022 09:12am

Pakistan

Pakistan says willing to curb fuel subsidies as discussion with IMF underway

Finance minister Miftah Ismail, currently in Washington for talks on seventh review of IMF programme, says 'targeted subsidies' should remain

Updated 23 Apr, 2022 05:15pm

Business & Finance

Pakistan to 'continue close engagement' with IMF, World Bank: Miftah Ismail

PML-N leader, tipped to become finance chief, says Pakistan will pursue reforms that result in macroeconomic stability

Updated 16 Apr, 2022 09:24pm

Pakistan

Miftah Ismail likely to be named finance chief: report

Prime Minister Shehbaz Sharif may name Ismail, a former finance minister, along with the rest of the cabinet within 24 hours

Updated 13 Apr, 2022 11:02pm

Business & Finance

Finance ministry says imports have started to rationalise

Statement comes as Pakistan reports massive current account deficit in January

Updated 26 Feb, 2022 04:26pm

Pakistan

Govt likely to extend KPP to whole country

ISLAMABAD: The Government is likely to extend Kamyab Pakistan Program (KPP) to entire country aimed at providing...

Published 17 Feb, 2022 06:37am

Markets

Tarin informed: Closure of LNG-based plant to result in loss of urea output

ISLAMABAD: Finance Minister Shaukat Tarin has been informed that closure of Liquefied Natural Gas (LNG) based...

Published 17 Jan, 2022 07:06am

Large ministries, divisions: Cabinet discusses possibility of initiating hybrid system

ISLAMABAD: The Federal Cabinet has reportedly discussed possibility of starting hybrid system in the larger...

Updated 11 Jan, 2022 09:30am

Tarin lays copy of ‘mini-budget’ in Senate amid uproar

ISLAMABAD: Amidst hullabaloo triggered by opposition’s protest, Finance Minister Shaukat Tarin on Tuesday laid a...

Updated 05 Jan, 2022 10:40am

‘Mini-budget’ approved by Cabinet

The government aims to raise billions of rupees by withdrawing the sales tax exemptions so that all sectors pay a uniform 17% levy new duties and revise tax collection target

Updated 31 Dec, 2021 09:38am

Govt tables Supplementary Finance, SBP bills

ISLAMABAD: Amid ruckus and uproar by opposition parties, Finance Minister Shaukat Tarin on Thursday laid the Finance...

Updated 31 Dec, 2021 10:17am

Opinion

Growth versus stabilization

Dr Hafeez Sheikh, twice dismissed as the country’s finance minister, made a distinction between stabilisation and...

Published 27 Dec, 2021 06:45am

Tarin to launch new brokers’ regime

ISLAMABAD: Advisor to PM on Finance Shaukat Tarin will officially launch Pakistan’s first Professional Clearing...

Updated 26 Nov, 2021 12:25pm

Opinion

Waiting for aid pledges

There are two major foreign exchange inflows, read borrowing, expected as per several senior cabinet members...

Published 22 Nov, 2021 05:31am

Opinion

IMF: capitulation?

Shaukat Tarin, since his appointment on 16 April 2021 as Finance Minister, has repeatedly pledged that he would...

Updated 18 Oct, 2021 02:32pm

Pakistan

Circular debt reason behind increase in power tariff: Hammad

Energy minister says hike to be applicable from November 1

Updated 15 Oct, 2021 08:50pm

Gainers
Losers
Leaders

Stock	Price
HBL Invest Fund / May 23 HBL Investment Fund(HIFA)	2.48 ▲ 0.29 (13.24%)
Khurshid Spinning / May 23 Khurshid Spinning Mills Limited(KHSM)	9.65 ▲ 1.00 (11.56%)
Zephyr Textile / May 23 Zephyr Textiles Limited(ZTL)	11.50 ▲ 1.00 (9.52%)
Dadex Eternit / May 23 Dadex Eternit Limited(DADX)	78.12 ▲ 5.45 (7.50%)
Imperial Limited / May 23 Imperial Limited(IML)	14.99 ▲ 1.04 (7.46%)
Bal. Wheel / May 23 Baluchistan Wheels Limited(BWHL)	79.34 ▲ 5.49 (7.43%)
Cordoba Logistics / May 23 Cordoba Logistics & Ventures Limited(CLVL)	13.75 ▲ 0.95 (7.42%)
Bhanero Tex. / May 23 Bhanero Textile Mills Limited(BHAT)	1525.00 ▲ 102.45 (7.20%)
KASB Modaraba / May 23 KASB Modaraba(KASBM)	1.87 ▲ 0.12 (6.86%)
Maqbool Tex. / May 23 Maqbool Textile Mills Limited(MQTM)	67.98 ▲ 3.86 (6.02%)

Stock	Price
First Pak Mod. / May 23 First Pak Modaraba(PAKMI)	2.60 ▲ -0.70 (-21.21%)
SME Leasing Ltd / May 23 SME Leasing Limited(SLL)	2.05 ▲ -0.40 (-16.33%)
Bilal Fibres / May 23 Bilal Fibres Limited(BILF)	2.10 ▲ -0.30 (-12.50%)
Escorts Bank / May 23 Escorts Investment Bank Limited(ESBL)	6.05 ▲ -0.70 (-10.37%)
D.S. Ind. Ltd. / May 23 D.S. Industries Limited(DSIL)	4.00 ▲ -0.45 (-10.11%)
PICIC Ins.Ltd. / May 23 PICIC Insurance Limited(PIL)	0.81 ▲ -0.09 (-10.00%)
TPL Trakker Ltd / May 23 TPL Trakker Limited(TPLT)	9.50 ▲ -1.00 (-9.52%)
Reliance Ins. / May 23 Reliance Insurance Company Limited(RICL)	5.20 ▲ -0.45 (-7.96%)
Ist.Dawood Bank / May 23 First Dawood Investment Bank Limited(FDIBL)	2.15 ▲ -0.18 (-7.73%)
Gatron Ind. / May 23 Gatron (Industries) Limited(GATI)	407.00 ▲ -32.99 (-7.50%)

Stock	Volume
Silk Bank Ltd / May 23 Silkbank Limited(SILK)	9,889,000 ▼ 0.00
WorldCall Telecom / May 23 Worldcall Telecom Limited(WTL)	7,571,500 ▼ 0.00
K-Electric Ltd. / May 23 K-Electric Limited(KEL)	6,109,500 ▼ 0.00
Ghani Glo Hol / May 23 Ghani Global Holdings Limited(GGL)	5,998,597 ▼ 0.00
Cnergyico PK / May 23 Cnergyico PK Limited(CNERGY)	5,449,620 ▼ 0.00
Pak Refinery / May 23 Pakistan Refinery Limited(PRL)	5,014,240 ▼ 0.00
Hum Network / May 23 Hum Network Limited(HUMNL)	4,997,000 ▼ 0.00
Maple Leaf / May 23 Maple Leaf Cement Factory Limited(MLCF)	4,924,900 ▼ 0.00
Pak Elektron / May 23 Pak Elektron Limited(PAEL)	3,962,500 ▼ 0.00
Telecard Limited / May 23 Telecard Limited(TELE)	3,752,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 20	200.20
USD PKR Interbank Buying / May 20	199.80
USD to Japanese Yen / May 20	127.88
USD to Swiss Franc / May 20	0.97
Pound Sterling to USD / May 20	1.25
Euro to USD / May 20	1.06
UK LIBOR % / May 20	0.82

Stock	Volume
S&P 500 / May 20	3901.36
India Sensex / May 20	54326.39
Tokyo Nikkei / May 20	26739.03
Nasdaq / May 20	11354.62
Hang Seng / May 20	20717.24
FTSE 100 / May 20	7389.98
Dow Jones / May 20	31261.90
Germany DAX 30 / May 20	13981.91
France CAC40 / May 20	6285.24

Item	Value
Crude Oil / May 20	113.23
Karachi Cotton Assoc. / May 20	21180.00
Gold 10 Grams / May 20	115200.00
Gold Spot / May 20	1846.50
Cotton / May 20	125.18

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