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ministry of finance

Withdrawal of Rs330bn GST exemptions: FBR awaiting MoF’s nod to send draft Ord to Law Division

ISLAMABAD: The Federal Board of Revenue (FBR) is waiting for the Finance Ministry’s nod to send the draft of the...

Updated 23 Oct, 2021 09:30am

IMF talks to 'resume' today: MoF

ISLAMABAD: A spokesman of the Ministry of Finance has refuted media reports about failure of the talks with...

Updated 18 Oct, 2021 11:30am

Markets

JGBs soften after weak 10-year bond auction

TOKYO: Japanese government bond prices eased on Tuesday after a 10-year bond auction drew tepid demand, while the...

Published 05 Oct, 2021 10:27am

NPPMCL privatisation: Debt structure to be aligned through debt-financing from banks: minister

KARACHI: Federal Minister for Privatization Mohammedmian Soomro said that federal government was in the process of...

Updated 25 Sep, 2021 08:46am

Business & Finance

IMF says govt working on law to bring about improvements in SOEs

ISLAMABAD: The Pakistani authorities have been working on a State-Owned Enterprise (SOE) Governance and Operations...

Published 21 Sep, 2021 04:10am

Opinion

Need for National Tax Academy—I

On March 12, 2020, as per Press release of Ministry of Finance, the National Tax Council [NTC] was established and...

Published 17 Sep, 2021 03:52am

Senate panel unanimously adopts three key bills

Passes SBP Pakistan Banking Services Corporation Amendment Bill 2021, the Agricultural Commercial and Industrial Purposes Amendment Bill 2021, and the Financial Institutions (Secure Transactions) Amendment Bill 2021

Updated 16 Sep, 2021 09:30am

Indian hackers behind attack on FBR website: Tarin

Says FBR has hired international experts for having a permanent solution to this issue

Updated 10 Sep, 2021 02:30pm

MoF tells SHC: Sec 3(4) of FRDL law allows govt to depart from debt limits

KARACHI: The Ministry of Finance (MoF) has informed Sindh High Court (SHC) on Friday that Section 3(4) of Fiscal...

Published 04 Sep, 2021 03:04am

Methodology for strategic projects: PD asked to consult provinces

Cabinet Committee on Energy directs Power Division to hold consultations under National Electricity Plan within two months

Updated 02 Sep, 2021 11:14am

Dr Ishrat calling it a day today

ISLAMABAD: Prime Minister’s Advisor on Institutional Reforms and Austerity, Dr. Ishrat Hussain, will attend the...

Updated 31 Aug, 2021 09:35am

Monthly economic update: Pushing current growth to higher level termed 'big challenge'

ISLAMABAD: Ministry of Finance has identified export of sufficient proportion of additional production and ...

Updated 30 Aug, 2021 10:01am

Editorials

Legislating through ordinances

EDITORIAL: Ministry of Finance’s intention to maximise revenue through allowing sharing of data between the ...

Published 26 Aug, 2021 04:52am

Opinion

The growing CAD

The debate over current account slippages is once again gaining traction in the mainstream media. Most commentators...

Published 22 Aug, 2021 04:09am

Functionality of SOEs: MoF describes suo motu actions as impediments

ISLAMABAD: The Ministry of Finance (MoF) has described the suo motu actions taken by National Accountability Bureau...

Updated 21 Aug, 2021 10:38am

'National Remittance Loyalty Program' being launched to encourage overseas Pakistanis

Initiative aimed at promoting use of official channels, enhance inflow of foreign currency

Updated 11 Aug, 2021 09:38am

Editorials

July 2021 Economic Update

EDITORIAL: The Ministry of Finance in its July Outlook noted that economic recovery remained intact in June, ...

Published 02 Aug, 2021 06:02am

Opinion

BoP: there’s definitely a sense of deja vu

Pressure is building on balance of payments (BoP). Many are confusing this with the situation last witnessed in...

Updated 01 Aug, 2021 12:42pm

Dr Ishrat explains why he has quit

Dr Ishrat maintains that he joined the government with the understanding that he would serve for three years and would seek retirement once he attains the age of 80

Updated 31 Jul, 2021 10:39am

MoF for ensuring sustainability of new growth strategy

ISLAMABAD: There is a need to ensure that the new growth strategy is sustainable without any macroeconomic...

Updated 29 Jul, 2021 09:21am

Govt-owned power plants: MoF opposes Rs177.8bn payment due to limited fiscal space

ISLAMABAD: The Ministry of Finance (MoF) has reportedly opposed payment of Rs 177.8 billion to the government=owned...

Updated 21 Jul, 2021 08:48am

Financial management, powers of PAOs’ regulations: amendments

ISLAMABAD: The Ministry of Finance Monday notified amendments to Financial Management and Powers of Principal...

Published 06 Jul, 2021 03:48am

Development projects, recurrent budget: Strategy for release of funds notified by MoF

ISLAMABAD: The Ministry of Finance (MoF), on Monday, notified the strategy for release of funds for development...

Updated 06 Jul, 2021 10:31am

Opinion

PARTLY FACETIOUS: Hemingway was not an economist

“The government’s narrative is simple: everything is hunky-dory except inflation and that too will be controlled...

Published 01 Jul, 2021 04:09am

Loan write-off cases: MoF attracts Cabinet annoyance for not sharing names, details

ISLAMABAD: The Federal Cabinet has reportedly expressed annoyance at the Ministry of Finance (MoF) for not sharing...

Published 01 Jul, 2021 04:09am

Business & Finance

Economic rebound to continue, says finance ministry

Current account balance is expected to show a deficit of around $0.5 billion by the end of the current fiscal year, states Monthly Economic Update & Outlook June 2021

Published 29 Jun, 2021 01:38pm

Pakistan

Finance Ministry’s rejoinder to Miftah Ismail’s remarks

ISLAMABAD: Ministry of Finance on Sunday said that International Monetary Fund (IMF) program is intact and a new...

Published 21 Jun, 2021 03:43am

Opinion

PES: surprises and inconsistencies

There are some very surprising and sometimes even conflicting estimates and gaps in the recently- released Pakistan...

Published 15 Jun, 2021 03:30am

Opinion

PES: surprises and inconsistencies

There are some very surprising and sometimes even conflicting estimates and gaps in the recently- released Pakistan...

Published 15 Jun, 2021 03:30am

Pakistan

PPRA rules: Panel examines MoFA's compliance

ISLAMABAD: A parliamentary panel, on Monday, examined the compliance of the Ministry of Foreign Affairs (MoFA), in...

Published 01 Jun, 2021 04:59am

Gainers
Losers
Leaders

Stock	Price
786 Investments / Oct 23 786 Investments Limited(786)	7.00 ▼ 0.00 (0.00%)
AL- Abbas / Oct 23 Al-Abbas Sugar Mills Limited(AABS)	280.55 ▼ 0.00 (0.00%)
Agro Allianz / Oct 23 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 23 Allied Bank Limited(ABL)	78.78 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 23 Abbott Laboratories (Pakistan) Limited(ABOT)	770.00 ▼ 0.00 (0.00%)
Abson Ind. / Oct 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / Oct 23 Attock Cement Pakistan Limited(ACPL)	135.26 ▼ 0.00 (0.00%)
Adam Sugar / Oct 23 Adam Sugar Mills Limited(ADAMS)	32.90 ▼ 0.00 (0.00%)

Stock	Price
786 Investments / Oct 23 786 Investments Limited(786)	7.00 ▼ 0.00 (0.00%)
AL- Abbas / Oct 23 Al-Abbas Sugar Mills Limited(AABS)	280.55 ▼ 0.00 (0.00%)
Agro Allianz / Oct 23 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 23 Allied Bank Limited(ABL)	78.78 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 23 Abbott Laboratories (Pakistan) Limited(ABOT)	770.00 ▼ 0.00 (0.00%)
Abson Ind. / Oct 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / Oct 23 Attock Cement Pakistan Limited(ACPL)	135.26 ▼ 0.00 (0.00%)
Adam Sugar / Oct 23 Adam Sugar Mills Limited(ADAMS)	32.90 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 23	174.10
USD PKR Interbank Buying / Oct 23	174.00
USD to Japanese Yen / Oct 23	113.50
USD to Swiss Franc / Oct 23	0.92
Pound Sterling to USD / Oct 23	1.38
Euro to USD / Oct 23	1.16
UK LIBOR % / Oct 23	0.07

Stock	Volume
S&P 500 / Oct 23	4544.90
India Sensex / Oct 23	60821.62
Tokyo Nikkei / Oct 23	28804.85
Nasdaq / Oct 23	15090.20
Hang Seng / Oct 23	26126.93
FTSE 100 / Oct 23	7204.55
Dow Jones / Oct 23	35677.02
Germany DAX 30 / Oct 23	15542.98
France CAC40 / Oct 23	6733.69

Item	Value
Crude Oil / Oct 23	83.76
Karachi Cotton Assoc. / Oct 23	14880.00
Gold 10 Grams / Oct 23	99450.00
Gold Spot / Oct 23	1792.65
Cotton / Oct 23	108.26

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