Trends - fiscal deficit - Business Recorder

fiscal deficit

Rs 466.5bn raised via auction for MTBs

KARACHI: The federal government on Wednesday raised Rs 466.5 billion from the domestic banking system through the...

Published 11 Aug, 2022 04:35am

Pakistan

Austerity measures: FD issues office memorandum

ISLAMABAD: The Finance Division on Thursday issued an office memorandum of austerity measures for the ongoing fiscal...

Published 08 Jul, 2022 06:19am

Business & Finance

Auction for MTBs: Rs1.74trn mopped up to finance fiscal deficit

KARACHI: The federal government Wednesday borrowed Rs 1.74 trillion from domestic banking system to finance the...

Updated 30 Jun, 2022 09:49am

World

India aims to keep FY2023 fiscal deficit at last year’s level

NEW DELHI/MUMBAI: India’s government will not be able to cut its budget deficit this fiscal year as previously...

Published 24 Jun, 2022 07:18am

Opinion

A fiscal quagmire: genesis

In the last article, many readers felt that there was no explanation as to how we came to this pass and what ...

Published 25 May, 2022 04:40am

Business & Finance

1,000 items: expert underscores need for withdrawing GST

LAHORE: Renowned economist and academician Dr Qais Aslam has advised the government to withdraw General Sales Tax...

Published 14 May, 2022 04:05am

Opinion

Burgeoning fiscal deficit

The information on fiscal operations during the first three quarters of 2021-22 has been released recently by the...

Published 10 May, 2022 05:10am

BR Research

Fiscal turmoil: slipping out of hand

The fiscal deficit is slipping fast amidst drying fiscal financing options for the government. Government cash...

Published 29 Apr, 2022 09:47am

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

Nine months: fiscal deficit stands at 4pc of GDP

ISLAMABAD: The country’s overall fiscal deficit during the first three quarters of the current fiscal year –...

Updated 27 Apr, 2022 10:44am

Opinion

Economy: sanity must prevail

Times are tough. The fiscal deficit is slipping, and the circular debt is growing due to growing energy prices...

Published 25 Apr, 2022 05:42am

Govt may increase fiscal deficit to Rs5,600bn to discredit PTI: Tarin

ISLAMABAD: Leader of Pakistan Tehreek-e-Insaf (PTI) and former finance minister Shaukat Tarin on Wednesday said the...

Updated 21 Apr, 2022 10:44am

BR Research

Wanted: Shehbaz speed in Islamabad

Stocks, bonds, and currency markets rallied soon after the new government took office. Markets were jittery due to...

Published 13 Apr, 2022 08:09am

Business & Finance

Budget deficit to balloon to Rs5.6tr in FY22, says Miftah as he slams PTI's economic policies

In press conference on Tuesday, PML-N leader says adding amount of supplementary grant would take deficit's total to Rs6.4tr

Updated 12 Apr, 2022 10:13pm

Opinion

Economic outlook for 2021-22

The motivation for this article lies in the macroeconomic projections for 2021-22 contained in the Annual Report for...

Updated 30 Nov, 2021 06:26am

Provincial surplus helps government contain Q1 fiscal deficit

Growth responsiveness to stimulus package more than anticipated, economy likely to surpass the annual growth target by a fair margin

Updated 27 Nov, 2021 12:18pm

BR Research

GDP rebase long overdue

The talk of the town in economic circles right now is that Pakistan’s total debt and liabilities stock has crossed...

Published 26 Nov, 2021 06:34am

Opinion

Budgetary outlay in Q1 of FY22

The information on fiscal operations during the first quarter of 2021-22 of the Federal and the provincial...

Updated 16 Nov, 2021 10:43am

MoF update, outlook: Jul-Aug fiscal deficit stands at 0.9pc of GDP

ISLAMABAD: The fiscal deficit during the first two months of the current fiscal year (Jul-Aug 2022) was recorded at...

Updated 29 Oct, 2021 01:55pm

Rs2.983trn fiscal deficit financed through domestic debt

ISLAMABAD: The federal government mainly relied on domestic borrowing (debt market) to finance the fiscal deficit...

Updated 02 Oct, 2021 09:55am

Business & Finance

Resolving issues raised by traders can help govt contain fiscal deficit: Senator Talha

KARACHI: Senator Muhammad Talha Mahmood Chairman of the Senate Standing Committee on Finance has said that the...

Published 20 Sep, 2021 05:23am

BR Research

Reining the fiscal deficit in

The fiscal performance in FY21 remained largely in line with expectations – the consolidated deficit stood at 7.1...

Published 30 Aug, 2021 07:25am

BR Research

High hopes for PSDP

One of the highlights of the FY22 federal budget is the massive hike in the federal Public Sector Development ...

Published 14 Jun, 2021 07:30am

Editorials

Boosting exports

EDITORIAL: It’s no surprise that the government is extremely keen to promote exports and is striving to provide ...

Published 29 May, 2021 03:59am

Economy to have sustainable, inclusive growth: MoF

ISLAMABAD: The government Friday said the economic growth of 3.94 percent for the outgoing fiscal year would bring...

Published 29 May, 2021 03:59am

BR Research

9MFY21 scorecard: tricky waters ahead?

The consolidated fiscal deficit stood at Rs1.65 trillion (3.6% of GDP) in 9MFY21 as compared to Rs1.69 (3.8% of GDP)...

Updated 17 May, 2021 10:17am

Pakistan

Fiscal deficit contained at 3.5 percent in 8 months

The total expenditures grew by 1.3 percent to Rs.4132 billion during July-February, FY2021 as compared to Rs.4079 billion last year.

Updated 28 Apr, 2021 07:18pm

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

Govt revises growth estimate upward to nearly 3pc of GDP

ISLAMABAD: The federal cabinet has approved itys budget strategy paper for the next fiscal year, envisaging 4.2...

Updated 14 Apr, 2021 11:07am

Pakistan

Fiscal deficit contained at 2.5pc of GDP in first half of FY21

For the Financial Year 2020-21, the overall fiscal deficit was projected at 7.0 percent of the GDP.

Published 11 Mar, 2021 05:55pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 24	278.59
USD PKR Interbank Buying / Apr 24	278.39
USD to Japanese Yen / Apr 24	155.21
USD to Swiss Franc / Apr 24	0.91
Pound Sterling to USD / Apr 24	1.25
Euro to USD / Apr 24	1.07

Stock	Volume
S&P 500 / Apr 24	5070.63
India Sensex / Apr 24	73852.94
Tokyo Nikkei / Apr 24	38460.08
Nasdaq / Apr 24	15712.75
Hang Seng / Apr 24	17201.27
FTSE 100 / Apr 24	8040.38
Dow Jones / Apr 24	38460.92
Germany DAX 30 / Apr 24	18088.70

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Crude Oil USD/Barrel / Apr 24	82.83
Gold Spot USD/Ounce / Apr 24	2318.17
Cotton US¢/pound / Apr 24	81.01
Petrol/Litre / Apr 25	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 25 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 25 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 25 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 25 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 25 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 25 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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