Trends - IMF and Pakistan - Business Recorder

IMF and Pakistan

EAG concerned at ‘inadequate’ SBP response

Economic Advisory Group stresses the need for meaningful reforms to achieve sustainable growth, instead of relying on policies that become a source of economic instability

Updated 30 Jan, 2023 09:22am

IMF conditionalities: Govt raises fuel prices in a gesture of compliance

ISLAMABAD: The government has announced to increase the prices of petroleum products by Rs 35 (petrol, diesel) and...

Updated 30 Jan, 2023 09:27am

Business & Finance

Hike to fuel inflation: Tarin

ISLAMABAD: Former finance minister and Pakistan Tehreek-e-Insaf (PTI) leader Shaukat Tarin said on Sunday that the...

Updated 30 Jan, 2023 09:27am

Editorials

Conclude 9th review and move ahead

EDITORIAL: The finance minister, Ishaq Dar, finally budged from position of keeping the PKR to dollar parity...

Published 30 Jan, 2023 05:56am

FBR readies presentation for IMF

ISLAMABAD: The Federal Board of Revenue (FBR) Saturday briefed the Ministry of Finance on estimates of tax...

Updated 29 Jan, 2023 10:16am

Business & Finance

Govt’s approach to IMF lending criticised

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

Published 28 Jan, 2023 07:09am

Opinion

It’s too late in the day

Country’s decisions makers are known for not taking the right decisions at the right time. Two such late decisions...

Updated 28 Jan, 2023 06:47am

Power tariff raise proposal not firmed up

ISLAMABAD: The Power Division has reportedly not firmed up any proposal to raise power tariff by Rs 7.50 per unit,...

Updated 28 Jan, 2023 12:37pm

Tarin raises the alarm about inflation surge

LAHORE: Former federal finance minister Shaukat Tarin has said that a steep decline in the value of rupee against ...

Updated 28 Jan, 2023 08:55am

Pakistan

PM says agreement with IMF to be reached this month

ISLAMABAD: Prime Minister Shehbaz Sharif Friday expressed optimism about an agreement with the International ...

Published 28 Jan, 2023 06:20am

Business & Finance

Economic mess: embittered Miftah offers ‘solution’

KARACHI: Former finance minister Miftah Ismail Friday said that instead of depreciating the value of the dollar...

Published 28 Jan, 2023 06:20am

Markets

Gold price shoots to record high, now stands at Rs202,500 per tola

Surge comes after sharp rupee depreciation against dollar

Published 27 Jan, 2023 07:49pm

Pakistan

PBC urges authorities to augment IMF programme

The Pakistan Business Council (PBC) has welcomed the development regarding arrival of the International Monetary...

Updated 27 Jan, 2023 06:17pm

Pakistan

PM Shehbaz hopeful of IMF programme revival ‘this month’

Statement comes after IMF said its mission will visit Pakistan from January 31-February 9 to continue discussions for the 9th review

Updated 27 Jan, 2023 06:02pm

Markets

New low: rupee closes at 262.6 against US dollar after 2.7% fall in inter-bank market

This is the currency's 28th successive loss in the inter-bank market
Depreciation in just two sessions crosses 12%

Updated 27 Jan, 2023 10:21pm

Business & Finance

LCCI holds awareness session on Islamic economy

LAHORE: Deputy Chairman of the Board of Governors of Minhaj University Prof Dr Hussain Mohiuddin Qadri on Thursday...

Published 27 Jan, 2023 07:42am

Opinion

Prices and inflation

It is quite clear that overall the monetary policy tool of raising policy rate to rein in inflation has not had any...

Updated 27 Jan, 2023 07:57am

Opinion

The tested players: two lost decades of Pakistan

A review of the economic condition during the period from 2002 to 2023 reflects two lost decades of Pakistan. During...

Published 27 Jan, 2023 06:41am

Business & Finance

Forex reserves plunge by about $1bn

KARACHI: The crisis of foreign exchange reserves has further escalated as the country’s total liquid forex reserves...

Published 27 Jan, 2023 06:15am

Alvi optimistic about IMF talks

LAHORE: President Dr Arif Alvi Thursday said talks with the International Monetary Fund (IMF) would be successful...

Updated 27 Jan, 2023 09:03am

IMF team to arrive on 31st

ISLAMABAD: The International Monetary Fund (IMF) mission will visit Pakistan from January 31-February 9 to continue...

Updated 27 Jan, 2023 09:06am

PDM leaders take stock of political situation

ISLAMABAD: The ruling coalition is mulling over conducting the next general elections under a new digital census in...

Updated 27 Jan, 2023 09:04am

Editorials

Currencies: criticality of course correction

EDITORIAL: Increasing controls on L/Cs along with exchange rate restrictions on the interbank market have only...

Published 27 Jan, 2023 06:15am

Life & Style

Book about possible solutions to country’s economic problems launched

KARACHI: The book launching ceremony of “Alternative to the IMF and Other Out of the Box Solutions” by Dr ...

Published 27 Jan, 2023 06:15am

Markets

Alarm bells: SBP-held foreign exchange reserves plunge $923mn, now stand at mere $3.7bn

Liquid foreign reserves held by the country now stand at $9.5bn

Updated 26 Jan, 2023 08:35pm

Pakistan

IMF says Fund mission scheduled to visit Islamabad at end of January

Will continue discussions under ninth EFF review

Updated 26 Jan, 2023 08:25pm

Pakistan

Ishaq Dar has inflicted huge financial dent to Pakistan: Miftah Ismail

Former finance minister says Dar thought he could run the economy without IMF programme

Updated 26 Jan, 2023 06:48pm

Opinion

Time for ‘radical’ and fast-paced economic reforms–I

Just as the intellectuals have proposed ‘radical’ reforms in the area of governance and decentralization, there...

Updated 26 Jan, 2023 06:20am

Opinion

The Saudi snub, and after…

The prime minister’s decision to do whatever was needed to complete the 9th review of the stalled IMF programme ...

Updated 26 Jan, 2023 06:19am

Opinion

‘IMF – No half measures’

This is apropos a Business Recorder op-ed “IMF—No half measures” carried by the newspaper last Monday. The...

Published 26 Jan, 2023 05:58am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 10	278.14
USD PKR Interbank Buying / May 10	277.97
USD to Japanese Yen / May 10	155.70
USD to Swiss Franc / May 10	0.91
Pound Sterling to USD / May 10	1.25
Euro to USD / May 10	1.08

Stock	Volume
S&P 500 / May 9	5214.08
Nasdaq / May 9	16346.27
Dow Jones / May 9	39387.76
India Sensex / May 10	72468.66
Tokyo Nikkei / May 10	38229.11
Hang Seng / May 10	18970.69
FTSE 100 / May 10	8438.19
Germany DAX 30 / May 10	18827.29

Item	Value
Crude Oil USD/Barrel / May 10	79.87
Karachi Cotton PKR/37.32 KG / May 10	19935
Gold 10 Grams PKR / May 10	209019
Gold Spot USD/Ounce / May 10	2369.35
Cotton US¢/pound / May 10	78.18
Petrol/Litre / May 11	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 11 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 11 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 11 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 11 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 11 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 11 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 11 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 11 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 11 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 11 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 11 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 11 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 11 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 11 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 11 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 11 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 11 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 11 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 11 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 11 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 11 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 11 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 11 Telecard Limited(TELE)	12,358,668 ▲ 0.00

Markets →

Calculate your monthly liability in FY24

IMF and Pakistan

Most Popular