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foreign loans

Foreign loans curse for Pakistan: PDP Chairman

KARACHI: Pasban Democratic Party (PDP) Chairman Altaf Shakoor said foreign loans are a curse for Pakistan. We pay...

Published 02 Mar, 2024 04:16am

Opinion

Reliance on foreign loans

Economic Affairs Division in its foreign economic assistance (FEA) data disclosed a 58 percent rise in foreign loan...

Updated 30 Oct, 2023 05:51am

Banks and FIs: MoF to do away with direct credit lines

ISLAMABAD: The Finance Ministry has reportedly decided to do away with direct credit lines from banks/financial...

Updated 14 Sep, 2023 09:09am

$7bn Chinese, Saudi deposits: Rs402bn paid as cost of rollovers

Economic Affairs Division, sources say, requested ECC to accord approval for provision of Technical Supplementary Grant

Updated 14 Jun, 2023 10:23am

Foreign loans, debt servicing: Repayment revised upward by MoEA

ISLAMABAD: The Ministry of Economic Affairs has revised upward by Rs402 billion repayment of short-term foreign loan...

Updated 07 Jun, 2023 08:55am

Business & Finance

Minister for optimum utilisation of foreign loans

LAHORE: Punjab Caretaker Local Government Minister Ibrahim Murad has directed for optimum utilisation of foreign...

Published 28 Apr, 2023 06:08am

Opinion

Default: last hour?

Negotiations with the IMF (International Monetary Fund) have entered the final round. The plans and proposals...

Published 06 Feb, 2023 06:20am

Opinion

Time for ‘radical’ and fast-paced economic reforms — II

For more than a decade, the entire PSDP (Public Secotor Development Programme) is based on foreign loans, which...

Updated 02 Feb, 2023 06:42am

ST collected from consumers: Businesspeople urged to deposit entire amount in exchequer

ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Thursday, urged upon the business...

Updated 06 Jan, 2023 09:03am

Foreign loans of IPPs: PPIB seeks guidance to replace Libor with SOFR

ISLAMABAD: The Private Power Infrastructure Board (PPIB) has proposed the Finance Ministry to provide guidance...

Updated 21 Dec, 2022 10:03am

Business & Finance

NA informed: $5.66bn foreign loan, aid received

ISLAMABAD: The National Assembly was informed on Friday that the total amount of foreign loans and aid received by...

Updated 19 Nov, 2022 10:15am

Pakistan

Pakistan incurs $439mn of external debt in first two months of FY23: EAD

Govt has budgeted estimates of foreign assistance of $22.8bn for current financial year

Updated 24 Sep, 2022 09:36pm

Pakistan

JI seeks probe into fire incident at Guddu power plant

LAHORE: Chief of Jamaat-e-Islami, Sirajul Haq has demanded impartial inquiry into the fire incident at Guddu Power...

Published 14 Jul, 2022 05:00am

Opinion

Overcoming economic woes

Governments around the world try to fulfil the responsibility of creating an environment where the state generates...

Published 01 Jul, 2022 06:13am

Editorials

Taxing foreign lenders

EDITORIAL: Interestingly, the Federal Board of Revenue (FBR) seems to have quite an appetite for novelties; just not...

Published 18 Jun, 2022 06:00am

Opinion

Economic growth amid political instability

Political instability is a serious impediment to economic progress. Not only does it shorten policymakers’ ...

Published 02 Jun, 2022 06:19am

Editorials

The PTI govt’s debt profile

EDITORIAL: Pakistan procured 12,767 million dollar loans July-March 2021-22 (provisional) against the budgeted ...

Published 25 Apr, 2022 05:42am

Markets

Fitch says Pakistan’s political volatility adds to external financing risk

Forecasts current account deficit at around 5% of GDP (around $18.5 billion) in FY22

Updated 12 Apr, 2022 05:24pm

Pakistan

BMP shows opposition to govt’s growing reliance on foreign loans

LAHORE : The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel (BMP) Chairman on Sunday...

Published 07 Feb, 2022 05:22am

Pakistan

Federal, provincial govts: LHC seeks details of foreign loans

LAHORE: The Lahore High Court on Tuesday called detailed of foreign loans obtained by the federal and provincial...

Published 19 Jan, 2022 06:15am

Business & Finance

Aug 2018 to Dec 2021: PTI govt procures $42.748bn foreign loans; $32.7bn repaid

ISLAMABAD: The PTI government procured $42.748 billion foreign loans during its tenure (August 2018 to December ...

Published 31 Dec, 2021 06:50am

Pakistan

‘TIOs must play their proactive role in stabilizing national economy’

FAISALABAD: Newly selected Trade & Investment Officers (TIOs) have been entrusted ambitious task to bridge...

Published 12 Dec, 2021 04:19am

Pakistan

‘Mini-budget’ to bring more miseries for economy: Mian Zahid

KARACHI: Chairman of National Business Group Pakistan and President Pakistan Businessmen and Intellectuals Forum ...

Published 05 Dec, 2021 04:26am

Business & Finance

Govt took $1.596 billion foreign loans in July alone

ISLAMABAD: Pakistan incurred foreign debt of $1.596 billion from multiple financing sources in the first month ...

Updated 01 Sep, 2021 11:56am

Pakistan

Tarin terms Kamyab Pakistan Programme 'revolutionary initiative'

ISLAMABAD: Federal Minister for Finance and Revenue, Shaukat Tarin Saturday said the Kamyab Pakistan Programme (KPP)...

Published 29 Aug, 2021 03:08am

BR Research

Decline in foreign grants

There is no free lunch, they say. But when it comes to developing countries, “grants” from richer nations have...

Published 12 Aug, 2021 07:40am

BR Research

Surge in external economic assistance

Pakistan’s reliance on external economic assistance – in the form of grants and loans from bilateral,...

Published 29 Jun, 2021 07:35am

Rs26.46trn charged expenditure laid in NA

ISLAMABAD: The federal government Friday laid Rs26.46 trillion of charged expenditure included in demands for grants...

Published 26 Jun, 2021 03:24am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 26	278.40
USD PKR Interbank Buying / Jul 26	278.20
USD to Japanese Yen / Jul 26	153.77
USD to Swiss Franc / Jul 26	0.88
Pound Sterling to USD / Jul 26	1.29
Euro to USD / Jul 26	1.09

Stock	Volume
S&P 500 / Jul 25	5,399.22
Nasdaq / Jul 25	17,181.72
Dow Jones / Jul 25	39,935.07
India Sensex / Jul 26	80,709.64
Tokyo Nikkei / Jul 26	37,865.35
Hang Seng / Jul 26	17,058.55
FTSE 100 / Jul 26	8,255.78
Germany DAX 30 / Jul 26	18,346.62

Item	Value
Crude Oil USD/Barrel / Jul 26	78.38
Karachi Cotton PKR/37.32 KG / Jul 26	17,035
Gold 10 Grams PKR / Jul 26	215,621
Gold Spot USD/Ounce / Jul 26	2,374.19
Cotton US¢/pound / Jul 26	68.62
Petrol/Litre / Jul 27	275.60

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jul 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jul 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jul 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jul 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jul 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jul 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jul 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jul 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jul 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jul 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jul 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jul 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jul 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jul 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jul 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jul 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jul 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jul 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jul 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jul 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jul 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jul 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jul 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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