Trends - IMF programme - Business Recorder

IMF programme

Meeting IMF funding gap: One friendly country has already confirmed assurance, says Miftah

Finance minister says another friendly country will confirm its assurance in a day or two

Updated 04 Aug, 2022 06:40pm

Opinion

‘Future ain’t what it used to be’

If political and economic crises feeding off of and into each other tend to characterize the last gasps of dying...

Updated 04 Aug, 2022 11:47am

Opinion

Global economic players’ dismal policy action

International Monetary Fund (IMF) recently released the July 2022 update of one of its flagship reports ‘World...

Published 29 Jul, 2022 06:14am

Pakistan

S&P downgrades outlook on Pakistan's long-term ratings to negative

Says revision reflects Pakistan's weakening external metrics against a backdrop of higher commodity prices, tighter global financial conditions, and a weakening rupee

Updated 28 Jul, 2022 07:56pm

Opinion

Reducing C/A deficit

The rupee has taken a real beating last week, falling by 8 percent with respect to the dollar. There are both...

Published 26 Jul, 2022 04:31am

Country’s financing needs fully met for this year: SBP

SBP acting governor says ‘unwarranted’ market concerns will dissipate in weeks
‘Pakistan responded to external pressures faster than Sri Lanka’
Terms IMF programme an ‘important anchor’ for Pakistan

Updated 24 Jul, 2022 09:03am

BR Research

The plot thickens…

The political landscape has changed. The change brought in by the VoNC through combined efforts of virtually all the...

Published 19 Jul, 2022 08:42am

Opinion

Ambitious reforms: need of the hour

With the glaring example of Sri Lanka defaulting on its debt, the risk of Pakistan facing a similar fate should be ...

Published 19 Jul, 2022 06:00am

Opinion

‘A cruel IMF programme’

This is apropos a Business Recorder op-ed “A cruel IMF programme” carried by the newspaper on Friday. That the...

Published 17 Jul, 2022 05:19am

Opinion

A cruel IMF programme

‘The pandemic triggered a dramatic increase in public debt in developing economies, from 54 to 65 per cent of GDP...

Published 15 Jul, 2022 06:20am

Pakistan

IMF announces staff-level agreement with Pakistan

Subject to Board approval, about $1.177bn will become available
IMF says Pakistan plans to undertake comprehensive review of anti-corruption institutions (including the National Accountability Bureau) to enhance effectiveness in investigating and prosecuting corruption cases

Updated 14 Jul, 2022 10:13am

Pakistan

Pakistan reaches agreement with IMF to resume programme: report

Bloomberg, quoting a govt official, says disbursement of $1.2 billion expected in August

Published 13 Jul, 2022 06:18pm

Opinion

An elusive IMF programme

One can say with reasonable confidence that the economic circumstances facing today have no parallel in the history...

Published 13 Jul, 2022 05:48am

Opinion

New IMF precondition

Strengthening of the anti-corruption institutional mechanism is said to be a new International Monetary Fund (IMF)...

Published 09 Jul, 2022 03:57am

Editorials

There’s no out-of-the-box thinking

EDITORIAL: The budget 2022-23 envisages higher revenue by about a trillion rupees compared to the year before, with...

Published 07 Jul, 2022 05:35am

Markets

Rupee falls again, closes near 208 against US dollar

Back-to-back losses come over renewed concern on IMF programme

Updated 06 Jul, 2022 06:07pm

Opinion

Govt policy still shrouded in mist

This is apropos a Business Recorder editorial “PM’s ‘strategic roadmap’” carried by the newspaper on...

Published 06 Jul, 2022 05:35am

Markets

Rupee closes near 207 amid renewed uncertainty over IMF programme

After four-session appreciation run, currency loses value in inter-bank market

Updated 05 Jul, 2022 07:07pm

Business & Finance

Miftah Ismail reiterates ‘IMF program on track’, dismisses reports of delay

Says he has been reading with some amusement all the tweets and stories about IMF programme being postponed or delayed

Updated 04 Jul, 2022 08:42pm

Pakistan

PTI never shifted burden of inflation onto people despite IMF's pressure: Imran Khan

Former premier says the government has inflicted the worst suffering on the people in order to provide relief to themselves

Updated 28 Jun, 2022 08:30pm

Pakistan

Inching closer: Pakistan receives combined IMF targets for 7th, 8th reviews

Memorandum of Economic and Financial Policies (MEFP) for both reviews received, confirms finance minister Miftah Ismail

Updated 28 Jun, 2022 10:35am

Opinion

Challenges beyond IMF

There is a widespread perception that the revival of the stalled IMF programme will help Pakistan move out of its...

Published 25 Jun, 2022 04:42am

Progress made over FY23 budget: IMF

ISLAMABAD: Key progress has been made in talks on the revival of Pakistan’s International Monetary Fund bailout...

Updated 23 Jun, 2022 09:57am

Pakistan

Pakistan, IMF make 'progress on FY23 budget', move closer to programme revival

Pakistan authorities commit to generating Rs436bn in taxes and increasing petroleum levy gradually each month

Updated 22 Jun, 2022 12:48pm

Markets

Pakistani Rupee Asia's worst-performing currency during 2022

The PKR has depreciated 16.5% against the US dollar since December 31, 2021

Published 21 Jun, 2022 07:49pm

Markets

PSX under selling pressure

KARACHI: Pakistan Stock Exchange Monday remained under selling pressure and closed in negative zone on investor...

Published 21 Jun, 2022 05:51am

Stalled IMF programme: Revival ‘in a day or two’, insists Miftah

ISLAMABAD: Finance Minister Miftah Ismail said Monday that an agreement is likely to reach with the International...

Updated 21 Jun, 2022 09:56am

Pakistan

3rd time's a charm?: Govt hikes price of petrol by Rs24.03, diesel by Rs59.16

Petrol now priced at Rs233.89 per litre, while diesel now at Rs263.31 per litre
The hike comes as Pakistan looks to quickly appease the IMF to revive its bailout programme

Updated 15 Jun, 2022 11:58pm

Opinion

Budget 2022-23 and the IMF programme

There are any number of ways in which a budget can be characterized. Terms, such as, pro-poor, investors’ ...

Published 14 Jun, 2022 05:56am

Budget

Federal budget seems ‘neutral to positive’ for stock market: analysts

KARACHI: Contrary to market expectations, measures announced in Federal Budget seem “Neutral to Positive” for...

Published 12 Jun, 2022 06:55am

Gainers
Losers
Leaders

Stock	Price
Trust Mod. / Feb 3 Trust Modaraba(TRSM)	1.98 ▲ 0.48 (32.00%)
Pak Gulf Leasing / Feb 3 Pak-Gulf Leasing Company Limited(PGLC)	6.55 ▲ 1.00 (18.02%)
Samba Bank / Feb 3 Samba Bank Limited(SBL)	7.15 ▲ 1.00 (16.26%)
TPL Trakker Ltd / Feb 3 TPL Trakker Limited(TPLT)	9.90 ▲ 0.90 (10.00%)
Dawood Equities / Feb 3 Dawood Equities Limited(DEL)	6.18 ▲ 0.46 (8.04%)
Trust Sec.& Brok. / Feb 3 Trust Securities & Brokerage Limited(TSBL)	14 ▲ 1.00 (7.69%)
Khyber Tobacco / Feb 3 Khyber Tobacco Company Limited(KHTC)	342.67 ▲ 23.90 (7.50%)
Shahtaj Sugar / Feb 3 Shahtaj Sugar Mills Limited(SHJS)	49.22 ▲ 3.43 (7.49%)
Quetta Textile / Feb 3 Quetta Textile Mills Limited(QUET)	15.52 ▲ 1.08 (7.48%)
Frontier Ceram / Feb 3 Frontier Ceramics Limited(FRCL)	15.99 ▲ 1.10 (7.39%)

Stock	Price
Data Textile / Feb 3 Data Textiles Limited(DATM)	7.08 ▲ -1.00 (-12.38%)
Premier Insurance / Feb 3 Premier Insurance Limited(PINL)	6.66 ▲ -0.86 (-11.44%)
Zephyr Textile / Feb 3 Zephyr Textiles Limited(ZTL)	8.53 ▲ -0.96 (-10.12%)
Ashfaq Textile / Feb 3 Ashfaq Textile Mills Limited(ASHT)	9.39 ▲ -1.00 (-9.62%)
F.Treet Manuf / Feb 3 First Treet Manufacturing Modaraba(FTMM)	7.71 ▲ -0.74 (-8.76%)
IGI Life Ins / Feb 3 IGI Life Insurance Limited(IGIL)	9 ▲ -0.86 (-8.72%)
Ruby Tex. / Feb 3 Ruby Textile Mills Limited(RUBY)	3 ▲ -0.27 (-8.26%)
Pervez Ahmed Co / Feb 3 Pervez Ahmed Consultancy Services Ltd.(PASL)	0.67 ▲ -0.06 (-8.22%)
KASB Modaraba / Feb 3 KASB Modaraba(KASBM)	1.26 ▲ -0.11 (-8.03%)
Next Capital / Feb 3 Next Capital Limited(NEXT)	4.76 ▲ -0.39 (-7.57%)

Stock	Volume
WorldCall Telecom / Feb 3 Worldcall Telecom Limited(WTL)	20,606,814 ▲ -0.03
Pak Petroleum / Feb 3 Pakistan Petroleum Limited(PPL)	12,289,269 ▲ -0.87
Hub Power Co. / Feb 3 The Hub Power Company Limited(HUBC)	7,871,024 ▼ 1.33
Cnergyico PK / Feb 3 Cnergyico PK Limited(CNERGY)	7,256,361 ▲ -0.14
Dewan Motors / Feb 3 Dewan Farooque Motors Limited(DFML)	6,197,500 ▲ -0.27
Ghani Glo Hol / Feb 3 Ghani Global Holdings Limited(GGL)	5,488,518 ▲ -0.13
Oil & Gas Dev. / Feb 3 Oil & Gas Development Company Limited(OGDC)	5,157,941 ▲ -1.12
Gul Ahmed / Feb 3 Gul Ahmed Textile Mills Limited(GATM)	4,969,528 ▼ 1.38
The Searle Co. / Feb 3 The Searle Company Limited(SEARL)	4,848,886 ▲ -1.07
TRG Pak Ltd / Feb 3 TRG Pakistan Limited(TRG)	4,483,294 ▲ -0.43

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Feb 3	277.17
USD PKR Interbank Buying / Feb 3	278.67
USD to Japanese Yen / Feb 3	128.54
USD to Swiss Franc / Feb 3	0.91
Pound Sterling to USD / Feb 3	1.22
Euro to USD / Feb 3	1.09
UK LIBOR % / Feb 2	4.30

Stock	Volume
S&P 500 / Feb 2	4179.76
Nasdaq / Feb 2	12200.82
Dow Jones / Feb 2	34053.94
India Sensex / Feb 3	60841.88
Tokyo Nikkei / Feb 3	27509.46
Hang Seng / Feb 3	21558.22
FTSE 100 / Feb 3	7834.62
Germany DAX 30 / Feb 3	15410.23
France CAC40 / Feb 3	7138.37

Item	Value
Karachi Cotton PKR/37.32 KG / Feb 2	22235
Gold 10 Grams PKR / Feb 2	177641
Crude Oil USD/Barrel / Feb 3	75.68
Gold Spot USD/Ounce / Feb 3	1915.21
Cotton US¢/pound / Feb 3	85.91

IMF programme

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