Trends - IMF - Business Recorder

IMF

IMF, World Bank hold first meetings in Africa in 50 years

MARRAKESH: The IMF and World Bank began talks in Morocco Monday in their first annual meetings on African soil in 50...

Published 10 Oct, 2023 06:19am

Opinion

Poverty on the rise

Poverty levels have risen from 34.2 percent in 2022 to 39.4 percent in 2023, pushing 12.5 million people below the...

Updated 09 Oct, 2023 07:03am

Cheap power during winter months: Package for industry on the cards

The impact of incremental package will be around Rs 25 billion

Updated 09 Oct, 2023 09:53am

IMF, World Bank meetings: Shamshad-led team leaves for Morocco

ISLAMABAD: Pakistan’s economic team, led by Caretaker Finance Minister Dr Shamshad Akhtar has departed for Morocco...

Updated 09 Oct, 2023 08:42am

World

Emerging economies face China and rate pressures as IMF, World Bank meet

LONDON: Emerging economies are facing headwinds from all sides, with a recent selloff in U.S. Treasuries and China’s...

Published 07 Oct, 2023 06:28pm

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 07 Oct, 2023 06:01am

Pakistan

Shehbaz speaks about his govt’s 16-month performance

LAHORE: Felicitating the Pakistani nation over the extension in GSP+ status, Pakistan Muslim League-Nawaz (PML-N)...

Published 07 Oct, 2023 06:01am

Editorials

Crackdown on smuggling

EDITORIAL: The most recent scare about the economy, especially how complying with IMF conditions, inflated utility...

Published 07 Oct, 2023 06:01am

World

Africa to get ‘stronger voice’ at IMF: Georgieva

Abidjan: Sub-Saharan Africa will have a “stronger voice” at the International Monetary Fund as it will get a...

Published 07 Oct, 2023 06:01am

World

IMF staff, Ghana agree first review of $3bn programme

ACCRA: The International Monetary Fund and Ghana’s government have reached a staff-level agreement on the first...

Published 06 Oct, 2023 04:46pm

Markets

Govt may raise PDL on diesel to Rs60 as declining sales dent target: JS Global

The government in its bid to achieve revenue targets assigned by the International Monetary Fund (IMF) may increase...

Updated 06 Oct, 2023 11:43pm

World

IMF, World Bank to tackle climate goals among reforms at annual meetings

WASHINGTON: The World Bank and International Monetary Fund will tackle the thorny issue of institutional reform at...

Published 06 Oct, 2023 03:03am

Opinion

Shehbaz isn’t telling the whole truth

Shehbaz Sharif seems to have been making untiring efforts to restore the image of his brother, Nawaz Sharif, who has...

Published 06 Oct, 2023 03:03am

Opinion

World Bank needs to revisit its policy and lending focus

In its recently released report ‘Pakistan development update October 2023: restoring fiscal sustainability’ the...

Updated 06 Oct, 2023 09:56am

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 06 Oct, 2023 03:03am

Business & Finance

Soft landing possible, but fiscal, debt risks abound: IMF chief

NEW YORK: Stronger demand for services and progress on lowering inflation have increased the chances that the global...

Updated 06 Oct, 2023 09:03am

Business & Finance

CPEC projects: Shamshad, Chinese envoy discuss progress

ISLAMABAD: Caretaker Federal Minister for Finance, Revenue and Economic Affairs, Dr. Shamshad Akhtar here on ...

Published 06 Oct, 2023 03:03am

World

IMF, World Bank to tackle climate goals among reforms at annual meetings

WASHINGTON: The World Bank and International Monetary Fund will tackle the thorny issue of institutional reform at...

Published 05 Oct, 2023 10:24am

Pakistan

‘Old up thinking deepening climate crises in Global South nations’

Karachi: Brussels-based Federico Sibaja, IMF Campaign Manager at Recourse, said that the old developmental thinking...

Published 05 Oct, 2023 06:23am

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 05 Oct, 2023 06:23am

First review under SBA becomes due: Ministries spurred into action

Ministry of Finance asks all ministries to implement all the commitments made with the International Monetary Fund

Updated 05 Oct, 2023 09:47am

Editorials

No respite from ever-rising inflation

EDITORIAL: Consumer Price Index (CPI) rose by 4 percentage points in September – 31.4 percent year on year against...

Updated 05 Oct, 2023 06:43am

World

Ukraine’s economy set to continue to grow next year, deputy head of IMF mission

KYIV: Ukraine’s economy is adapting well to the wartime environment following Russia’s invasion and growth will...

Published 04 Oct, 2023 08:17pm

World

Pakistan among developing countries facing a debt crunch

LONDON: High interest rates, growing investor risk aversion and borrowing that ballooned in recent years have left a...

Published 04 Oct, 2023 03:43pm

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 04 Oct, 2023 06:20am

Editorials

Milking the system for what it is worth

EDITORIAL: During a press briefing in Washington DC, Julie Kozack, Director of Communications International Monetary...

Published 04 Oct, 2023 06:20am

World Bank projects primary balance at negative 0.4pc

ISLAMABAD: The World Bank has projected a primary balance for Pakistan at negative 0.4 percent (-0.4) for the...

Updated 04 Oct, 2023 08:36am

Business & Finance

World Bank revises growth downward to 1.7pc

ISLAMABAD: The World Bank has revised downward Pakistan’s GDP growth projection for the current fiscal year 2023-24...

Published 04 Oct, 2023 06:20am

Markets

Energy transition at risk from commodity market fragmentation: IMF

WASHINGTON: Growing geopolitical fragmentation since the invasion of Ukraine has hit commodity markets, threatening...

Published 03 Oct, 2023 07:03pm

Perspectives

Pakistan and the genie of Artificial Intelligence

The late American computer scientist John McCarthy is said to have coined the word Artificial Intelligence in 1956...

Published 03 Oct, 2023 06:08pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 24	278.59
USD PKR Interbank Buying / Apr 24	278.39
USD to Japanese Yen / Apr 24	155.21
USD to Swiss Franc / Apr 24	0.91
Pound Sterling to USD / Apr 24	1.25
Euro to USD / Apr 24	1.07

Stock	Volume
S&P 500 / Apr 24	5070.63
India Sensex / Apr 24	73852.94
Tokyo Nikkei / Apr 24	38460.08
Nasdaq / Apr 24	15712.75
Hang Seng / Apr 24	17201.27
FTSE 100 / Apr 24	8040.38
Dow Jones / Apr 24	38460.92
Germany DAX 30 / Apr 24	18088.70

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Crude Oil USD/Barrel / Apr 24	82.83
Gold Spot USD/Ounce / Apr 24	2318.17
Cotton US¢/pound / Apr 24	81.01
Petrol/Litre / Apr 25	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 25 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 25 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 25 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 25 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 25 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 25 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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