Trends - IMF - Business Recorder

IMF

‘IMF needs to soften its stance’

This is apropos “IMF needs to softens its stance” carried by the newspaper in its Letters to Editor columns a...

Published 26 Jun, 2023 06:38am

Editorials

Can IMF absence be offset by ‘Plan B’?

EDITORIAL: With the country on the verge of sovereign default, which could cascade into a domestic debt ...

Published 26 Jun, 2023 06:38am

Pakistan

Information minister criticises previous government for bulldozing IMF agreement

Marriyum Aurangzeb says the previous government violated the conditions of the agreement and suspended it

Published 25 Jun, 2023 07:15pm

Pakistan

National Assembly approves IMF-aligned budget FY24

Revised budget imposes additional taxes of Rs215 billion and cuts expenditures by Rs85 billion

Updated 25 Jun, 2023 10:42pm

PM vows to complete IMF loan programme

ISLAMABAD: Prime Minister Shehbaz Sharif held a meeting with Managing Director of International Monetary Fund (IMF)...

Updated 25 Jun, 2023 10:32am

Editorials

4-month KP budget

EDITORIAL: KP (Khyber Pakhtunkhwa) chief minister’s advisor on finance Himayatullah Khan presented a Rs462.4...

Published 25 Jun, 2023 02:57am

Govt revisits Budget FY24: A last-ditch effort to secure stalled IMF tranche

Finance Minister Ishaq Dar says changes in the budget made after PM Shehbaz's meeting with IMF MD

Updated 25 Jun, 2023 07:23pm

World

Rich nations pledge to unlock hundreds of billions of dollars for climate fight

PARIS: Multilateral development banks like the World Bank are expected to find $200 billion in extra firepower for...

Published 24 Jun, 2023 06:02am

US supports Pakistan’s working with IMF: Blome

KARACHI: US Ambassador to Pakistan Donald Blome on Friday said that United States likes ‘very much’ to see Pakistan...

Updated 24 Jun, 2023 08:49am

World

Macron says ‘complete consensus’ on reforming global financial bodies

PARIS: French President Emmanuel Macron said Friday there was a “complete consensus” at a summit of world leaders in...

Published 23 Jun, 2023 07:02pm

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 23 Jun, 2023 06:53am

World

Paris summit: World Bank, IMF take steps to boost crisis financing

PARIS: The World Bank will ease financing for countries hit by natural disasters, it said on Thursday, as the...

Updated 23 Jun, 2023 12:57pm

Opinion

The great economic challenge

Proud nations, with will of steel, shine the brightest when the clouds are the darkest. The current economic...

Published 23 Jun, 2023 06:00am

Editorials

Diplomatic efforts to clinch ninth review

EDITORIAL: Federal Finance Minister Ishaq Dar recently engaged with the US Ambassador and the UK High Commissioner...

Published 23 Jun, 2023 06:00am

Business & Finance

PM briefs IMF chief, hopes for release of stalled funds

PARIS: Prime Minister Shehbaz Sharif on Thursday briefed International Monetary Fund’s managing director Kristalina...

Published 23 Jun, 2023 06:00am

World

World Bank unveils debt payment pause for disaster-hit countries

PARIS: The World Bank chief announced a raft of measures on Thursday to aid countries hit by natural disasters,...

Published 22 Jun, 2023 07:25pm

World

IMF has hit $100bn target of SDRs for vulnerable countries: Georgieva

PARIS: The International Monetary Fund has reached its target of making $100 billion in special drawing rights...

Published 22 Jun, 2023 06:58pm

World

IMF, World Bank under pressure to boost climate change financing

WASHINGTON: International Monetary Fund (IMF) and World Bank officials are joining dozens of economic leaders for a...

Published 22 Jun, 2023 12:33pm

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 22 Jun, 2023 05:45am

US apprised of edgy IMF ambivalence

Federal Minister for Finance and Revenue Ishaq Dar meets US Ambassador to Pakistan Donald Blome

Updated 22 Jun, 2023 08:52am

Rs76.726bn approved to keep CDMP commitment with IMF

ISLAMABAD: The government has approved an amount of Rs 76.726 billion to maintain commitment of Circular Debt...

Updated 22 Jun, 2023 08:55am

BR Research

CAD roundup: 11MFY23

The current account posted a surplus for the third consecutive month – last three months (March to May) surplus...

Published 21 Jun, 2023 09:50am

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 21 Jun, 2023 06:34am

Pakistan

Dar apprises UK minister about IMF talks

ISLAMABAD: Finance Minister Senator Ishaq Dar held a virtual meeting with Andrew Mitchell, Britain’s Minister of...

Published 21 Jun, 2023 05:21am

July-May: Govt borrows $8.613bn from multiple sources

ISLAMABAD: The government has borrowed $8.613 billion from multiple financing sources including $900 million from...

Updated 21 Jun, 2023 08:58am

China came to rescue amid IMF dithering: PM

ISLAMABAD: Prime Minister Shehbaz Sharif has said that China renewed Pakistan’s commercial and sovereign loans in...

Updated 21 Jun, 2023 08:58am

Business & Finance

Govt should establish cost accounting authority: PBIF

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

Published 21 Jun, 2023 05:21am

Business & Finance

Situation demands concrete planning to start upward growth trajectory: Experts

LAHORE: The current economic situation is difficult and demands a concrete planning to start an upward growth...

Published 21 Jun, 2023 05:21am

World

Macron’s Paris summit seeks new life for global finance agenda

PARIS: French President Emmanuel Macron hosts a summit on Thursday and Friday to pin down a roadmap for easing the...

Published 20 Jun, 2023 12:38pm

Opinion

FBR’s revenue target

The federal budget for 2023-24 was announced recently. There was the expectation that the fiscal efforts for ...

Published 20 Jun, 2023 03:16am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 17	278.30
USD PKR Interbank Buying / May 17	278.10
USD to Japanese Yen / May 17	155.67
USD to Swiss Franc / May 17	0.91
Pound Sterling to USD / May 17	1.27
Euro to USD / May 17	1.09

Stock	Volume
S&P 500 / May 17	5303.27
India Sensex / May 17	73917.03
Tokyo Nikkei / May 17	38787.38
Nasdaq / May 17	16685.97
Hang Seng / May 17	19535.61
FTSE 100 / May 17	8420.26
Dow Jones / May 17	40003.59
Germany DAX 30 / May 17	18704.42

Item	Value
Crude Oil USD/Barrel / May 17	79.59
Karachi Cotton PKR/37.32 KG / May 17	19935
Gold 10 Grams PKR / May 17	210562
Gold Spot USD/Ounce / May 17	2386.18
Cotton US¢/pound / May 17	76.29
Petrol/Litre / May 19	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 19 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 19 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 19 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 19 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 19 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 19 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 19 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 19 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 19 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 19 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 19 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 19 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 19 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 19 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 19 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 19 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 19 Telecard Limited(TELE)	12,358,668 ▲ 0.00

Markets →

Calculate your monthly liability in FY24

IMF

Most Popular