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gdp

Politics over economy

“As I have been arguing for a long time now, there is a real need not simply for a political economy of wealth but...

Published 06 Apr, 2023 06:20am

Devolved ministries: Federal govt’s spending soars to 0.6pc of GDP

Increases from 0.4 percent of GDP in fiscal year 2009 to 0.6 percent of GDP in the fiscal year 2022

Updated 06 Apr, 2023 08:50am

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

Business & Finance

Average inflation projected at 27.5pc: Growth likely to decelerate to 0.6pc: ADB

ISLAMABAD: Pakistan’s GDP growth is expected to decelerate significantly to 0.6 per cent in the fiscal year 2023...

Published 05 Apr, 2023 06:16am

Opinion

A slide without end: business groups must step in

All stakeholders agree that Pakistan is currently facing the greatest generational crisis in its history. What...

Published 03 Apr, 2023 06:36am

Business & Finance

Exchange rate, POL prices: Inflation may stay at elevated level: MoF

ISLAMABAD: Inflation is expected to stay at an elevated level due to exchange rate depreciation and recent upward...

Published 01 Apr, 2023 06:21am

Opinion

We don’t yet know what lies in store for us–I

The Muslims of the subcontinent of India got an independent state for themselves in 1947. Unfortunately, however, ...

Published 30 Mar, 2023 06:35am

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

Jul-Feb repatriation of profit, dividend plunge 80pc YoY: Import curbs hurt investors in equal measure

State Bank of Pakistan says foreign investors repatriated $225.1 million during July-Feb of FY23

Updated 28 Mar, 2023 08:53am

Opinion

Trying to look at Pakistan through Piketty’s prism–I

French economist Thomas Piketty’s erudite book Capital and Ideology published in 2019 is considered to be an...

Updated 22 Mar, 2023 06:47am

Editorials

‘Reimagining Pakistan’

EDITORIAL: Ideas about rescuing the economy, especially about ending its dependence on donor bailouts, come a dime a...

Published 20 Mar, 2023 06:12am

Business & Finance

ICCI calls for cut in interest rate

ISLAMABAD: Ahsan Zafar Bakhtawari, President Islamabad Chamber of Commerce & Industry (ICCI) saying that the 20...

Published 20 Mar, 2023 06:12am

Pakistan

Pakistan highly vulnerable to climate change: WB

KARACHI: Pakistan is highly vulnerable to climate change; in case resilience to the change is not ensured there will...

Published 14 Mar, 2023 03:18am

Business & Finance

Country can avoid IMF only through higher exports, tax collections: Miftah

KARACHI: Former Federal Finance Minister Miftah Ismail on Sunday said that in order to avoid International Monetary...

Updated 13 Mar, 2023 09:12am

Opinion

Economy: we need medication to correct account acidity

On February 19, 2023 there was an article on Bloomberg titled China’s Debt Noose Could Strangle Pakistan by Mihir...

Published 09 Mar, 2023 06:23am

Business & Finance

UAE’s GDP grew 7.6pc in 2022, official says

ABU DHABI: The United Arab Emirates’ economy expanded 7.6% last year, a senior official said on Thursday, about...

Published 06 Mar, 2023 07:40am

Opinion

Monetary-fiscal history of Latin America: lessons for Pakistan

Pakistan today suffers from significant macroeconomic instability, high inflation, a currency crisis and a risk of a...

Published 06 Mar, 2023 06:43am

Opinion

Progressive fiscal policy

The Managing Director, Kristalina Georgieva, of the IMF (International Monetary Fund) has said recently in the...

Published 28 Feb, 2023 06:15am

Business & Finance

Indonesia posts 2022 current account surplus on commodity boom

JAKARTA: Indonesia booked a current account surplus of $13.2 billion in 2022, or 1% of gross domestic product, as...

Published 20 Feb, 2023 12:40pm

Fitch further downgrades long-term foreign currency IDR to ‘CCC-’

ISLAMABAD: Fitch Ratings has downgraded Pakistan’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to “CCC-”,...

Updated 15 Feb, 2023 09:04am

Opinion

Budgetary outcome in 1HFY23

The information on fiscal operations from July to December 2022 of the federal and the provincial governments has...

Published 14 Feb, 2023 05:58am

Business & Finance

Foreign exchange reserves: Tola underscores need for ‘charter of economy’

LAHORE: Minister of State and Chairman, Reforms and Resource Mobilization Committee Ashfaq Tola has said that the...

Published 14 Feb, 2023 05:58am

Opinion

Does Pakistan need domestic debt restructuring?

There is growing consensus over the need for debt restructuring within the policymaking community. However, many...

Published 13 Feb, 2023 06:03am

Editorials

The review: not yet successful

EDITORIAL: The Secretary Finance put a positive spin on the final day of discussions/negotiations with the...

Published 13 Feb, 2023 05:57am

Business & Finance

Earthquake impact on Turkiye GDP unlikely to be as much as in 1999

DUBAI: The impact of last week’s earthquake on Turkey’s growth domestic product (GDP) is unlikely to be as...

Published 12 Feb, 2023 02:58pm

First six months: Fiscal deficit swells to 2pc of GDP

ISLAMABAD: Fiscal deficit has been recorded at two per cent of the GDP or Rs1,683 billion during the first six ...

Updated 09 Feb, 2023 08:41am

Opinion

Governance reforms anchored in civil service reforms — I

A common refrain these days is that we need to urgently embark upon long overdue structural reforms, allied with...

Published 08 Feb, 2023 07:29am

Opinion

Letter to a Comrade

Dear Muzammil, I hope you are well. It has been a while since we last saw, met or spoke. Judging from your article ...

Updated 07 Feb, 2023 02:20pm

Policy-level talks with IMF begin today

ISLAMABAD: Technical-level talks between Pakistan and the International Monetary Fund (IMF) team are said to have...

Updated 07 Feb, 2023 08:40am

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

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
FTSE 100 / Apr 18	7877.05
Dow Jones / Apr 18	37775.38
Germany DAX 30 / Apr 18	17837.40
France CAC40 / Apr 18	8023.26
India Sensex / Apr 19	72222.48
Tokyo Nikkei / Apr 19	37068.35

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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