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IMF

Economy: the post-pandemic downside

EDITORIAL: Prime Minister Imran Khan while responding to public queries stated that he is fully aware of the price...

Published 04 Feb, 2021 04:13am

Business & Finance

Days before coup, IMF sent Myanmar $350mn in emergency aid; no precedent for refund

The IMF's counterparty in Myanmar is the Central Bank of Myanmar, and the source expressed hope it can maintain its independence from the country's finance ministry.

Published 03 Feb, 2021 10:33am

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 03 Feb, 2021 04:35am

Editorials

Fragile economy?

EDITORIAL: Fiscal deficit stood at 1.8 percent of Gross Domestic Product (GDP) July-November 2020 against 1.6 ...

Published 03 Feb, 2021 04:35am

Ogra ordinance: CCLC reluctant to clear IMF’s ‘desired’ amendments

ISLAMABAD: The Cabinet Committee for Disposal of Legislative Cases (CCLC) headed by the Law Minister, Dr Faroogh...

Published 02 Feb, 2021 04:29am

Business & Finance

Sudanese banks to settle remittances at free market price

CAIRO: Sudan’s central bank has asked commercial banks to begin preparations to use the free market rate to ...

Published 02 Feb, 2021 04:29am

Editorials

Talks with IMF

EDITORIAL: The ongoing negotiations with the International Monetary Fund (IMF) are, without doubt, stalled due to ...

Published 01 Feb, 2021 03:39am

Opinion

Economic management

Prime Minister Imran Khan continues to blame those operating in the private sector for high inflation through...

Published 01 Feb, 2021 03:39am

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 30 Jan, 2021 03:55am

Business & Finance

Pakistan talks with IMF at advanced stage says Hafeez Shaikh

On the wheat shortage issue, he said the government would import 4 million tonnes of wheat during the current year to meet the demand.

Published 29 Jan, 2021 10:21am

Opinion

Constitution and tax codes — I

Every year before the preparation of annual federal budget, the Federal Board of Revenue (FBR) seeks proposals from...

Published 29 Jan, 2021 04:55am

Opinion

‘New normal’: There’s need for reformed Bretton Woods institutions

‘But rich countries also have considerable power over the lives of billions of people through their control over...

Published 29 Jan, 2021 04:55am

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 29 Jan, 2021 04:55am

ADB says ‘slower’ recovery could cause delay in reforms

ISLAMABAD: A slower-than-expected recovery from the Covid-19 pandemic and accompanying social pressures might delay...

Published 29 Jan, 2021 04:55am

World

Governments must win 'vaccination race' amid record debt: IMF

The IMF now sees world growth recovering this year with a 5.5 percent GDP expansion, after contracting 3.5 percent last year.

Published 28 Jan, 2021 07:37pm

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 28 Jan, 2021 04:40am

Business & Finance

Global financial markets may be overconfident, IMF warns

WASHINGTON: Investors may have become overly complacent about financial conditions, creating the risk of a sharp...

Updated 28 Jan, 2021 09:28am

Markets

Japan shares end higher as IMF forecast boosts hopes of higher earnings

Shionogi & Co gained 1.12% after the drug maker said it sold the development and marketing rights for a COVID-19 treatment to California-based biotech BioAge Labs Inc.

Published 27 Jan, 2021 01:31pm

IMF lifts global growth forecast

WASHINGTON: The International Monetary Fund on Tuesday raised its forecast for global economic growth in 2021 and...

Published 27 Jan, 2021 04:59am

Pakistan: 1.5pc GDP growth projected

ISLAMABAD: The International Monetary Fund (IMF) has projected 1.5 percent Pakistan’s GDP growth for the current...

Published 27 Jan, 2021 04:59am

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 27 Jan, 2021 04:59am

Q1 external debt servicing stands at $3.593bn

KARACHI: The country has paid some $3.593 billion for external debt servicing during the first quarter (Jul-Sep) of...

Updated 27 Jan, 2021 10:12am

Editorials

C/A in deficit

EDITORIAL: Pakistan’s current account surplus, the continuing focus of Prime Minister Imran Khan as a major...

Published 27 Jan, 2021 04:59am

World

IMF cuts Britain's 2021 growth outlook after COVID surge

The IMF was slightly more optimistic than in its last set of forecasts in October, upgrading the outlook for global growth in 2021 by 0.3 percentage points to 5.5%.
The IMF estimates Britain was the worst-hit of the world's seven largest advanced economies last year, suffering a 10.0% decline in output.

Published 26 Jan, 2021 08:48pm

World

New Covid-19 wave slows recovery in Europe: IMF

The euro area is now expected to see GDP expand by 4.2 percent this year, a full point lower than projected in October, the IMF said.

Published 26 Jan, 2021 08:06pm

World

IMF upgrades Brazil growth to 3.6%, Mexico to 4.3%

IMF forecasts Mexico's GDP will grow 4.3 percent after contracting 8.5 percent.

Published 26 Jan, 2021 08:04pm

Business & Finance

Global economy on stronger footing, but uncertainty high: IMF

Those developments create "a stronger starting point for the 2021-22 global outlook than envisaged in the previous forecast."

Published 26 Jan, 2021 08:03pm

World

IMF lifts global growth forecast for 2021, still sees 'exceptional uncertainty'

Close to 90 million people are likely to fall below the extreme poverty threshold during 2020-2021.
The forecast would likely rise further if the US Congress passes a $1.9 trillion relief package proposed by newly inaugurated President Joe Biden, economists say.

Published 26 Jan, 2021 07:37pm

World

Saudi economy forecast to grow 2.6pc this year: IMF

Saudi Arabia itself has estimated its economy could swing back to growth of 3.2% this year after a 3.7% contraction in 2020.
The IMF said that multiple vaccine approvals and the launch of vaccinations in some countries in December had boosted hopes of an eventual end to the pandemic.

Published 26 Jan, 2021 07:35pm

Editorials

Food inflation

EDITORIAL: Pakistan Bureau of Statistics (PBS) sensitive price index (SPI) for the week ending 14 January 2021,...

Published 26 Jan, 2021 05:05am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	158.33
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 26	5099.96
India Sensex / Apr 26	73730.16
Tokyo Nikkei / Apr 26	37934.76
Nasdaq / Apr 26	15927.90
Hang Seng / Apr 26	17651.15
FTSE 100 / Apr 26	8139.83
Dow Jones / Apr 26	38239.66
Germany DAX 30 / Apr 26	18161.01

Item	Value
Crude Oil USD/Barrel / Apr 26	83.85
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Gold 10 Grams PKR / Apr 26	210048
Gold Spot USD/Ounce / Apr 26	2337.96
Cotton US¢/pound / Apr 26	80.90
Petrol/Litre / Apr 27	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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