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finance ministry

Cabinet takes major step aimed at meeting FATF conditions

ISLAMABAD: The Federal Cabinet has reportedly approved draft rules/notifications of National Policy Statement on...

Published 01 May, 2021 03:28am

Jul-Feb period: Fiscal deficit stands at 3.5pc: MoF

ISLAMABAD: The Finance Ministry Tuesday said that despite higher mark-up payments and Covid-related expenditures, ...

Updated 28 Apr, 2021 09:29am

Business & Finance

Tarin decides to hold meetings with trade bodies after briefings from ministry

ISLAMABAD: Minister for Finance and Revenue Shaukat Tarin said to have decided to hold meetings with the business ...

Updated 22 Apr, 2021 09:46am

Pakistan

Govt slashes petrol prices by Rs1.79 per liter

The price of high speed diesel has been reduced by Rs. 2.32 per liter, from Rs. 113.08 to Rs. 110.76.

Published 15 Apr, 2021 10:15pm

Markets

Romania rejects all bids at March 2036 bond tender

The finance ministry, which had planned to sell 200 million lei of the bonds received bids worth 412.6 million lei ($99.95 million) in total.
So far this year, Romania has sold roughly 18.8 billion lei and roughly 1.48 billion euros worth of domestic bonds, and has tapped foreign markets for 3.5 billion euros worth of 12- and 20-year eurobonds.

Published 12 Apr, 2021 08:36pm

Markets

Short-dated JGB yields fall after strong 5-year note auction

The 20-year JGB yield rose 0.5 basis point to 0.460%.

Published 08 Apr, 2021 12:10pm

Business & Finance

Over Rs455bn guarantees extended to PSEs in a year

ISLAMABAD: The government has extended over Rs455 billion guarantees to the public sector enterprises (PSEs) during...

Published 03 Apr, 2021 03:41am

Business & Finance

Russia seen increasing state FX buying

MOSCOW: Russia’s finance ministry is expected to increase its purchases of foreign currency for state reserves to...

Published 03 Apr, 2021 03:41am

1HFY21: Govt adds over Rs1trn to domestic debt

ISLAMABAD: The incumbent government has added Rs1.057 trillion to the domestic debt during the first six months of...

Published 02 Apr, 2021 04:58am

Payment to IPPs: PD facing catch-22 situation

ISLAMABAD: Power Division (PD) is reportedly facing a catch-22 situation with respect to payment of 40 per cent ...

Published 02 Apr, 2021 04:58am

PIA’s Roosevelt hotel: MoF for consulting NAB before making payment

ISLAMABAD: Secretary, Ministry of Finance (MoF), Kamran Ali Afzal, is said to have underscored the need for...

Published 01 Apr, 2021 04:10am

Azhar visits ‘Q block’, holds brief meeting

ISLAMABAD: Hammad Azhar has assumed the additional charge of the finance minister, soon after the Cabinet Division...

Published 31 Mar, 2021 05:42am

Markets

BOJ debated bright signs in economy in March even as it reviewed policy tools

The remarks reinforce a dominant market view that the BOJ will keep monetary policy steady for the time being in hope a rebound in overseas demand will underpin Japan's export-reliant economy.

Published 29 Mar, 2021 12:54pm

Business & Finance

China to exempt import tariffs for some integrated circuits products

Manufacturing components, the finance ministry said on its website on Monday.

Published 29 Mar, 2021 12:24pm

Markets

China tightens scrutiny over credit rating industry

BEIJING: China moved to tighten scrutiny over its credit rating business on Sunday, issuing draft rules aimed at...

Updated 29 Mar, 2021 07:09am

Bill says SBP accountability being enhanced

ISLAMABAD: The Finance Ministry has uploaded the proposed State Bank of Pakistan (SBP) Amendment Act, 2021, and...

Published 26 Mar, 2021 05:22am

Markets

UK issues 500 million pounds in second sovereign Sukuk sale

"Strong investor demand for this Sukuk meant we achieved a good price for the taxpayer and will help us develop our relationships with Islamic economies around the world."

Updated 26 Mar, 2021 09:25am

PSDP: MoF to hire project director FIIP

ISLAMABAD: The Finance Ministry has decided to hire project director Financial Inclusion and Infrastructure Project...

Published 23 Mar, 2021 04:37am

Business & Finance

Thailand aims for 4% growth this year driven by recovery in Q4

The government is considering extending a co-payment subsidy scheme to boost consumption, he said.

Published 17 Mar, 2021 12:34pm

Business & Finance

Turkish budget surplus 23.17bn lira in Feb

The primary balance, which excludes interest payments, showed a surplus of 35.93 billion lira in February, the data showed.

Published 15 Mar, 2021 02:18pm

Cabinet likely to approve SBP bill today

ISLAMABAD: The Federal Cabinet, which is scheduled to meet on Tuesday (today), is likely to approve the State Bank ...

Updated 09 Mar, 2021 09:35am

Disparity reduction allowance: Grant approved by finance ministry

ISLAMAABD: Finance Ministry has given approval to the federal government’s grant of disparity reduction allowance...

Published 07 Mar, 2021 04:07am

Pakistan

PM Imran directs Hafeez Shaikh to continue as Finance Minister

During the meeting PM Imran expressed full confidence in his abilities and asked that he continue his work.
Shaikh had lost a Senate seat from PDM's joint candidate Yousuf Raza Gilani.

Updated 06 Mar, 2021 08:58pm

FY21 fiscal deficit projected at 7pc of GDP

ISLAMABAD: The Finance Ministry has informed the National Assembly, on Monday that the federal fiscal deficit was ...

Updated 02 Mar, 2021 09:41am

Disparity Reduction Allowance not for all employees: Finance

ISLAMABAD: The Finance Ministry Tuesday clarified that the Federal Cabinet had approved grant of Disparity Reduction...

Updated 24 Feb, 2021 09:39am

IMF seeks new circular debt plan

ISLAMABAD: The International Monetary Fund (IMF) has reportedly sought a new Circular Debt Management Plan (CDMP)...

Updated 18 Feb, 2021 09:23am

1HFY21: Fiscal deficit recorded at 2.5pc of GDP

ISLAMABAD: Fiscal deficit was recorded at 2.5 percent of the GDP - Rs 1137 billion - during July-December 2020, up ...

Published 04 Feb, 2021 04:13am

Markets

Indonesia raises 9 trillion rupiah from Islamic bonds auction, below target

Project-based sukuk were sold with mostly lower average yields than the comparable notes sold in the previous auction on Jan. 12.

Published 26 Jan, 2021 02:39pm

Issuance of Sukuk: Finance clarifies position

ISLAMABAD: Finance Ministry on Sunday clarified that Sukuk were Shariah compliant borrowing instruments backed by...

Updated 25 Jan, 2021 10:04am

Talks on to bring programme review to positive end: IMF

ISLAMABAD: The International Monetary Fund (IMF) Thursday said that Pakistani authorities and the Fund team remain...

Published 22 Jan, 2021 04:47am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	158.33
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 26	5099.96
India Sensex / Apr 26	73730.16
Tokyo Nikkei / Apr 26	37934.76
Nasdaq / Apr 26	15927.90
Hang Seng / Apr 26	17651.15
FTSE 100 / Apr 26	8139.83
Dow Jones / Apr 26	38239.66
Germany DAX 30 / Apr 26	18161.01

Item	Value
Crude Oil USD/Barrel / Apr 26	83.85
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Gold 10 Grams PKR / Apr 26	210048
Gold Spot USD/Ounce / Apr 26	2337.96
Cotton US¢/pound / Apr 26	80.90
Petrol/Litre / Apr 29	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 29 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 29 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 29 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 29 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 29 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 29 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 29 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 29 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 29 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 29 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 29 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 29 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 29 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 29 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 29 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 29 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 29 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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