Trends - GDP growth rate - Business Recorder

GDP growth rate

Barefoot on the edge of precipice

If there is one economic indicator that would single-handedly be responsible for turning GDP growth negative during...

Published 23 Feb, 2024 09:17am

Opinion

Targets in the PML-N manifesto

The manifesto of the Pakistan Muslim League-Nawaz (PML-N) contains a set of key macroeconomic targets from 2023-24 ...

Published 20 Feb, 2024 03:09am

Markets

Pakistan economy to grow by 2-2.5% this year, says Dr Shamshad

Agriculture sector expected to grow by 5.6%, says caretaker minister

Updated 20 Jan, 2024 08:00pm

Opinion

IMF projections

The good news is that the IMF Executive Board has completed the First Review of the Stand-By Arrangement for ...

Updated 16 Jan, 2024 06:12am

Pakistan

‘High external funding risks’: Fitch maintains Pakistan’s rating at CCC

Notes there are risks pertaining to policy implementation as parties across the political spectrum have extensive record of failing to implement or reversing reforms agreed with the IMF

Updated 13 Dec, 2023 05:56pm

Business & Finance

Goldman Sachs, J.P.Morgan cut UK’s 2023 growth forecast to 0.5%

Goldman Sachs and J.P.Morgan on Wednesday lowered their forecast for Britain’s annual economic growth to 0.5%, as...

Published 13 Dec, 2023 02:47pm

Opinion

Mixed economic trends

The first five months of 2023-24 have witnessed upturns and downturns both globally and within Pakistan. There was...

Published 12 Dec, 2023 05:28am

Opinion

No more doing business as usual—VI

Dwelling on the bigger picture; the foremost need of South-North Pipeline timing needs revisiting knowing that our...

Updated 14 Oct, 2023 06:11am

Markets

Japan’s Q2 GDP beats forecasts as exports zoom

TOKYO: Japan’s economy grew much faster than expected in April-June, as brisk auto exports and tourist arrivals...

Published 15 Aug, 2023 10:05am

Opinion

Mixed start of FY2023-24

The current financial year, 2023-24, started on a very positive note. The talks with the IMF (International Monetary...

Published 15 Aug, 2023 06:49am

Opinion

IMF’s SBF

The IMF Stand-By Facility (SBF) of $3 billion has been in operation for two weeks now. Already, there is a big...

Published 01 Aug, 2023 06:19am

Opinion

Trend in key fiscal ratios

The consistent series of the GDP with one year, 2015-16, has been estimated and released by the PBS from 1999-2000...

Published 27 Jun, 2023 06:15am

Opinion

The economy in FY2023-24

The economic prospects for Pakistan in 2023-24 have been presented in the Annual Plan prepared by the Planning...

Published 13 Jun, 2023 06:00am

SBP to leave 21pc policy rate unchanged amid high inflation

KARACHI: Central bank is widely expected to keep its key interest rate unchanged at 21% on Monday after aggressive...

Updated 09 Jun, 2023 09:01am

Dar defends 0.29pc growth rate

ISLAMABAD: While unveiling the Economic Survey 2022-23, a day before the budget, Finance Minister Ishaq Dar dwelt on...

Updated 09 Jun, 2023 08:57am

Editorials

Growth projection

EDITORIAL: Annual Plan Coordination Committee (APCC) met under the chairmanship of the Minister for Planning,...

Updated 07 Jun, 2023 06:28am

World Bank revises Pakistan’s GDP growth downward to 0.4pc

Projects GDP growth rate at 2pc for next fiscal year of 2023-24

Updated 07 Jun, 2023 10:30am

Direct containerised Karachi-Saint Petersburg shipping service inaugurated

KARACHI: In a bid to enhance energy growth and achieve a sustainable GDP growth rate of at least 5 percent, Pakistan...

Updated 26 May, 2023 08:56am

Opinion

IMF projections for 2023-24

The World Economic Outlook issue of April 2023 by the IMF contains detailed macroeconomic [AN1] projections at the...

Published 02 May, 2023 05:59am

Markets

Gulf economies to grow at much slower pace in 2023 on lower oil revenues

Gulf Cooperation Council (GCC) economies will grow at a much slower pace in 2023 than last year as expectations for...

Published 26 Apr, 2023 11:13am

IMF drastically cuts Pakistan’s FY23 growth forecast to 0.5pc

Projects rise in inflation from 19.9 percent to 27.1 and unemployment from 6.2 percent to 7 percent

Updated 12 Apr, 2023 01:04pm

0.4pc growth rate foreseen: World Bank warns of a ‘macro-economic crisis’

ISLAMABAD: The World Bank (WB) has warned that a macroeconomic crisis could materialize in Pakistan, given the...

Updated 05 Apr, 2023 08:49am

Opinion

The economic malaise

Pakistan today faces the worst financial crisis in its 75-year history. This is attributable to both long-term ...

Updated 28 Mar, 2023 06:52am

Business & Finance

2000-21 period: World Bank says Pakistan’s 3.1pc growth rate among lowest in S Asia

ISLAMABAD: In Pakistan investment has been subject to pronounced boom-bust cycles over the past two decades, with...

Published 28 Mar, 2023 06:21am

Opinion

The 80/20 rule for maximising foreign exchange earnings

Pakistan’s economy has been facing a number of challenges in recent years, including low growth, high inflation,...

Published 06 Feb, 2023 06:20am

World Bank projects 2pc growth

ISLAMABAD: The World Bank has projected Pakistan’s GDP growth rate at two percent in the fiscal year 2022-23, half...

Published 11 Jan, 2023 05:53am

Supplements

South Asian Countries Real GDP Growth %

TEXT: South Asian region (excluding Afghanistan) 2021 2022(f) 2023(f) 2024(f) 7.8 5.8 5.8 5.8 Maldives...

Published 09 Dec, 2022 07:00am

Markets

RBI seen raising rates by smaller 35bps in Dec, hiking again in early 2023

BENGALURU: The Reserve Bank of India will raise interest rates by a smaller 35 basis points to 6.25% in December,...

Published 01 Dec, 2022 11:25am

World Bank says growth to slow to 2pc next year

WASHINGTON: Remittances to low- and middle-income countries grew by nearly 5% to around $626 billion in 2022 - about...

Published 01 Dec, 2022 05:47am

Opinion

Economic framework yet to be finalized

Setting the bar unrealistically high or looking at filling the glass up to more than capacity by any administration...

Published 21 Nov, 2022 06:23am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 19	278.45
USD PKR Interbank Buying / Apr 19	278.15
USD to Japanese Yen / Apr 19	154.37
USD to Swiss Franc / Apr 19	0.91
Pound Sterling to USD / Apr 19	1.24
Euro to USD / Apr 19	1.06

Stock	Volume
S&P 500 / Apr 18	5011.12
Nasdaq / Apr 18	15601.50
Dow Jones / Apr 18	37775.38
India Sensex / Apr 19	72222.48
Tokyo Nikkei / Apr 19	37068.35
Hang Seng / Apr 19	16205.02
FTSE 100 / Apr 19	7834.89
Germany DAX 30 / Apr 19	17717.67

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 18	21735
Gold 10 Grams PKR / Apr 18	214077
Petrol/Litre / Apr 19	293.94
Crude Oil USD/Barrel / Apr 19	84.27
Gold Spot USD/Ounce / Apr 19	2382.04
Diesel/Litre / Apr 19	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 19 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 19 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 19 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 19 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 19 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 19 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 19 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 19 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 19 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 19 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 19 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 19 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 19 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 19 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 19 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 19 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 19 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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