Trends - IMF and Pakistan - Business Recorder

Editorials

Policy rate kept unchanged

EDITORIAL: The Monetary Policy Committee (MPC) decided to keep the policy rate unchanged at 22 percent surprising...

Published 18 Sep, 2023 06:32am

Pakistan

Govt urged to withdraw hike in fuel prices

KARACHI: In a stern reaction to the fresh fuel oil prices’ hike to the all-time highs, Jamaat-e-Islami (JI) ...

Published 17 Sep, 2023 06:05am

Editorials

About time

EDITORIAL: It’s no surprise that the “massive recovery drive against tax defaulters” has identified the usual...

Published 17 Sep, 2023 06:05am

Print

PM likely to meet IMF MD on UNGA sidelines

ISLAMABAD: Pakistan is looking for a meeting between caretaker Prime Minister Anwaar-ul-Haq Kakar and Managing...

Updated 16 Sep, 2023 09:08am

Pakistan

EC reforms, action against smuggling ‘not contradicting’ IMF conditions: Dr Shamshad

Caretaker finance minister says exchange rate not being manipulated

Updated 15 Sep, 2023 07:05pm

Opinion

Unwarranted austerity policy

As another monetary policy statement is about to be released, as the writer contributes this article, it is time to...

Updated 15 Sep, 2023 07:25am

Markets

Currency values in terms of Special Drawing Rights

WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special...

Published 15 Sep, 2023 06:31am

Print

Summary seeking up to 50pc raise in gas sale prices re-submitted

Interim Minister for Energy, Muhammad Ali says increase in gas rates ahead of winter was inevitable to contain the gas-sector circular debt

Updated 15 Sep, 2023 10:07am

Markets

SBP keeps key policy rate unchanged at 22%

Contrary to market expectations, Monetary Policy Committee maintains status quo
Stresses on maintaining prudent fiscal stance to keep aggregate demand in check

Updated 14 Sep, 2023 09:00pm

Markets

Currency values in terms of Special Drawing Rights

WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special...

Published 14 Sep, 2023 07:11am

Editorials

Army, not govt, has arrested the rupee slide

EDITORIAL: The Pakistani rupee has appreciated significantly in the open market subsequent to the launch of a...

Published 14 Sep, 2023 06:07am

Print

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

Opinion

The missing ingredients in Pakistan

Since the 18th Century, one country after another has experienced what Harvard economist Rostow called a “take off...

Updated 13 Sep, 2023 01:32pm

Print

Artificial appreciation of PKR to encourage imports: Pasha

ISLAMABAD: “The crackdown on illegal exchange dealers and envisaged investment inflows from friendly countries has...

Updated 13 Sep, 2023 10:58am

Editorials

Inflation will remain a challenge

EDITORIAL: The sensitive price index (SPI), computing the prices of 51 essential items from 50 markets in 17 cities,...

Published 13 Sep, 2023 06:17am

Markets

Open-market: rupee closes at 297-300 against USD

The Pakistani rupee closed unchanged against the US dollar in the open market after appreciating earlier in the day...

Updated 12 Sep, 2023 09:01pm

Editorials

SIFC: ‘preponderance of evidence’?

EDITORIAL: The concept behind establishing the Special Investment Facilitation Council is fully supported as it not...

Published 12 Sep, 2023 06:34am

Opinion

Rating agencies and Pakistan’s response

There are three major international credit rating agencies providing investors information about bond and debt...

Published 11 Sep, 2023 06:54am

Editorials

Economic update and outlook for Aug

EDITORIAL: The Economic Update and Outlook for August 2023 uploaded on the Finance Division website ended as always...

Published 11 Sep, 2023 06:32am

Editorials

Easier said than done

EDITORIAL: So, we’re to believe, after the announcement about tackling power theft and low recoveries, that the...

Published 10 Sep, 2023 03:20am

Opinion

Bills: repenting for the sins of others

Jolted by the severe backlash against highly inflated power bills resulting in protests across the country joined by...

Published 09 Sep, 2023 06:20am

Print

Govt says gas prices to be revised upward

ISLAMABAD: The caretaker government said on Friday that gas prices have to be revised upward across the board...

Updated 09 Sep, 2023 08:44am

Opinion

The anatomy of Discos’ BoDs

The whole nation is seized by the huge bills received by the people. KE – as a vertically integrated utility –...

Updated 08 Sep, 2023 06:40am

Editorials

Forex market has lost its moorings?

EDITORIAL: There was too much chaos in multiple forex markets in the last few days and weeks. It all started with ...

Published 08 Sep, 2023 06:01am

Markets

Open market: Pakistani rupee maintains upward trajectory against US dollar

The Pakistani rupee maintained its upward trajectory against the US dollar in the open market on Thursday as gap...

Updated 07 Sep, 2023 07:56pm

Opinion

Bad news for Asian FX, esp PKR

Pakistani monetary authorities can only count their sorrows as King Dollar’s unrelenting advance pushes Asian...

Published 07 Sep, 2023 06:21am

Print

Govt mulls IPO for three major power distribution companies

KARACHI: Pakistan is considering selling stakes in three high performing state-owned power distribution companies...

Updated 07 Sep, 2023 09:50am

Markets

Open-market: rupee continues to make giant strides against US dollar due to sentiment

Local currency appreciates to 318 during trading, gap with inter-bank market narrows further

Updated 06 Sep, 2023 05:11pm

Editorials

Adding insult to injury

EDITORIAL: The proposal of the senate standing committee on cabinet secretariat, that the government withdraw all...

Published 06 Sep, 2023 03:37am

Markets

Open market: rupee sees strong recovery against US dollar

Gap with inter-bank market narrows, but still over IMF-prescribed limit

Updated 05 Sep, 2023 06:51pm