Trends - GDP growth - Business Recorder

GDP growth

FY 2022: Lahore School of Economics puts GDP growth at 4.05pc

LAHORE: The Lahore School of Economics Modeling Lab’s macro model for the Pakistan economy estimates that GDP...

Published 03 Jul, 2022 05:39am

Potential risks identified: Economic growth facing challenging situation: MoF

ISLAMABAD: The Ministry of Finance has stated that despite achieving a real GDP growth of 5.97 percent in the fiscal...

Updated 30 Jun, 2022 09:52am

Business & Finance

Supertax: HCCI criticises govt’s decision

HYDERABAD: President Hyderabad Chamber of Commerce and Industry Adeel Siddiqui has strongly reacted to federal...

Published 28 Jun, 2022 06:10am

Opinion

A mini-budget or an annexure to budget?

For the first time in Pakistan’s chequered history additional revenue measures were annexed to the budget by a...

Updated 27 Jun, 2022 06:28am

Opinion

Innovation-driven development strategy to build a strong China in science and technology

Since the 18th National Congress of the Communist Party of China (CPC), the CPC Central Committee with Comrade Xi...

Published 23 Jun, 2022 06:05am

Business & Finance

UAE state firms plan $30bn in purchase deals for local manufacturers

DUBAI: State firms in the United Arab Emirates will allocate 110 billion dirhams ($30 bn) in potential purchase...

Published 21 Jun, 2022 12:59pm

Opinion

A constrained budget

The federal budget of 2022-23 has been presented in a difficult and uncertain economic and political environment in...

Published 21 Jun, 2022 05:51am

Opinion

Blame game, once again

A successor government blaming its predecessor government for all the ills is nothing new. Therefore, Pakistan ...

Published 18 Jun, 2022 06:00am

Opinion

Apply the new development philosophy for high-quality development

(— First part of the “China in the past decade” series) The past decade since the 18th National Congress of ...

Published 17 Jun, 2022 06:37am

Markets

Deadly heatwaves threaten economies too

PARIS: More frequent and intense heatwaves are the most deadly form of extreme weather made worse by global warming,...

Published 15 Jun, 2022 10:58pm

Opinion

Outlook for inflation

The multilateral agencies, World Bank, and the IMF, have recently updated their projections of the rate of inflation...

Published 14 Jun, 2022 05:56am

Business & Finance

UK slowdown fears mount as GDP unexpectedly shrinks in April

LONDON: Britain’s economy unexpectedly shrank in April, official figures showed on Monday, adding to fears of a...

Updated 13 Jun, 2022 02:59pm

Opinion

A directionless budget

The budget is built on expectations and assumptions (prayers) of global commodities to move out of the super cycle ...

Published 13 Jun, 2022 06:19am

BR Research

Development budget: middle ground?

Caught between the need for fiscal austerity and the demands of an election-cycle fast approaching, the PML-N-led...

Published 13 Jun, 2022 06:07am

Opinion

Budget: initial impression

Initial impression suggests that the budget is a mix of austerity and election year spending. The thought process...

Published 11 Jun, 2022 06:41am

Opinion

A budget amid economic impasse

The overarching objective of the budget is not pro-poor, an acute political compulsion today with 13.8 percent...

Published 11 Jun, 2022 06:41am

Opinion

A pragmatic budget

Caught between a rock (IMF) and a hard place (popularity), the commodity super cycle and devaluation came to the...

Published 11 Jun, 2022 06:40am

Opinion

Economy and national security

The fragile state economy of the country is worrisome and has distressed all segments of society and pillars of ...

Published 11 Jun, 2022 06:14am

Budget

Budget an attempt to appease IMF, say analysts

KARACHI: The Budget FY23 is an attempt to satisfy IMF on key matters relating to revenue collection, subsidy...

Updated 11 Jun, 2022 10:11am

Budget

Rs 1526.6 billion set aside for defence services

ISLAMABAD: A sum of Rs1526.6 billion was budgeted for defence services for 2022-23, marking an increase of 11.17 per...

Updated 11 Jun, 2022 10:17am

BR Research

All about optics

“Political instability in the country also led to a huge increase in economic uncertainty”, rightly pointed out...

Published 10 Jun, 2022 08:41am

Pakistan

FY 2020-21: Cumulative education expenditures declined to 1.77pc of GDP

Islamabad: The cumulative education expenditures by federal and provincial governments in fiscal year 2020-21...

Published 10 Jun, 2022 06:16am

Tough fiscal consolidation measures on the way

High growth accompanied by external and internal imbalances, as has been the case historically with Pakistan’s economy

Updated 10 Jun, 2022 10:52am

5pc growth target set but govt says will try for 6pc

NEC approves proposal to allocate a federal development budget of Rs800 billion for financial year 2022-23

Updated 09 Jun, 2022 01:59pm

Markets

UAE central bank expects real GDP growth to reach 4.2% next year

DUBAI: The United Arab Emirates central bank said on Wednesday it expects real GDP growth to reach 4.2% next year,...

Published 08 Jun, 2022 04:24pm

Pakistan

FY23: World Bank projects economic slowdown in Pakistan, says growth will be 4%

Economy remains engulfed in various challenges, including a widening current account deficit and rise in debt payments

Updated 08 Jun, 2022 04:26pm

Business & Finance

Revival of IMF programme eyed: Budget to have steps to promote fiscal austerity, stabilisation: experts

KARACHI: Pakistan is eyeing revival of an IMF programme and it is likely that the upcoming budget will have measures...

Published 08 Jun, 2022 08:30am

Budget to be guided by contractionary fiscal policy: Miftah

ISLAMABAD: Finance Minister Miftah Ismail said on Tuesday that the government would unveil a progressive fiscal...

Updated 08 Jun, 2022 10:00am

Editorials

APCC data

EDITORIAL: The Working Paper for the Annual Plan Coordination Committee (APCC) meeting acknowledged that the...

Published 08 Jun, 2022 06:19am

Govt expects slowdown in FY23 growth

Updated 07 Jun, 2022 10:45am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jul 3 786 Investments Limited(786)	5.00 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jul 3 Al-Abbas Sugar Mills Limited(AABS)	272.50 ▼ 0.00 (0.00%)
Agro Allianz / Jul 3 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 3 Allied Bank Limited(ABL)	69.05 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 3 Abbott Laboratories (Pakistan) Limited(ABOT)	666.00 ▼ 0.00 (0.00%)
Abson Ind. / Jul 3 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jul 3 Alfalah Consumer Index ETF.(ACIETF)	7.84 ▼ 0.00 (0.00%)
Attock Cement / Jul 3 Attock Cement Pakistan Limited(ACPL)	67.13 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jul 3 786 Investments Limited(786)	5.00 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jul 3 Al-Abbas Sugar Mills Limited(AABS)	272.50 ▼ 0.00 (0.00%)
Agro Allianz / Jul 3 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 3 Allied Bank Limited(ABL)	69.05 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 3 Abbott Laboratories (Pakistan) Limited(ABOT)	666.00 ▼ 0.00 (0.00%)
Abson Ind. / Jul 3 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jul 3 Alfalah Consumer Index ETF.(ACIETF)	7.84 ▼ 0.00 (0.00%)
Attock Cement / Jul 3 Attock Cement Pakistan Limited(ACPL)	67.13 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 30	204.90
USD PKR Interbank Buying / Jun 30	204.70
USD to Japanese Yen / Jul 1	135.21
USD to Swiss Franc / Jul 1	0.96
Pound Sterling to USD / Jul 1	1.21
Euro to USD / Jul 1	1.04
UK LIBOR % / Jul 1	1.58

Stock	Volume
S&P 500 / Jul 1	3825.33
India Sensex / Jul 1	52907.93
Tokyo Nikkei / Jul 1	26935.62
Nasdaq / Jul 1	11127.84
Hang Seng / Jul 1	21859.79
FTSE 100 / Jul 1	7168.65
Dow Jones / Jul 1	31097.26
Germany DAX 30 / Jul 1	12813.03
France CAC40 / Jul 1	5931.06

Item	Value
Crude Oil USD/Barrel / Jul 1	108.43
Karachi Cotton PKR/37.32 KG / Jul 1	17380.00
Gold 10 Grams PKR / Jul 1	119100.00
Gold Spot USD/Ounce / Jul 1	1811.43
Cotton US¢/pound / Jul 1	97.48

GDP growth

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