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Pakistan economy

EAG concerned at ‘inadequate’ SBP response

Economic Advisory Group stresses the need for meaningful reforms to achieve sustainable growth, instead of relying on policies that become a source of economic instability

Updated 30 Jan, 2023 09:22am

Pakistan

PM says agreement with IMF to be reached this month

ISLAMABAD: Prime Minister Shehbaz Sharif Friday expressed optimism about an agreement with the International ...

Published 28 Jan, 2023 06:20am

Sukuks: Dar seeks guidance from clerics

Expresses commitment of government to promote Islamic finance and eliminate interest-based system

Updated 28 Jan, 2023 08:56am

Sukuks: Dar seeks guidance from clerics

Expresses commitment of government to promote Islamic finance and eliminate interest-based system

Updated 28 Jan, 2023 08:56am

Sukuks: Dar seeks guidance from clerics

Expresses commitment of government to promote Islamic finance and eliminate interest-based system

Updated 28 Jan, 2023 08:56am

Perspectives

Summing up one of Pakistan's worst economic crisis

Pakistan’s economy is currently passing through one of its worst phases in history, as the cash-strapped country...

Updated 18 Jan, 2023 10:47am

Donors pledge more than $9bn to help flood recovery

ISLAMABAD: Pakistan said Monday it had received pledges of more than $9 billion at an international conference...

Updated 10 Jan, 2023 08:58am

Opinion

Energy sector reforms — I

My previous op-ed, summed up Pakistan’s gas supply position vis-à-vis the current demand, prevailing ...

Published 29 Dec, 2022 05:59am

Dar dismisses sovereign default threat

Says country’s economic problems are ‘temporary’

Updated 01 Dec, 2022 09:50am

Pakistan

Talks with IMF, World Bank: Ishaq Dar expects positive outcome

Finance minister says everything went well during interactions

Published 19 Oct, 2022 04:47pm

Pakistan

Dar optimistic Pakistan's economic growth can surpass 3% in FY23

Central bank had projected growth to decline to 2% in FY23, amid devastation induced by flash floods

Updated 19 Oct, 2022 05:27pm

Pakistan

PTI stages protest

ISLAMABAD: A large number of people from the twin cities of Islamabad and Rawalpindi on Saturday took to the street...

Updated 25 Sep, 2022 10:16am

Business & Finance

Economic challenges: Minister underscores need for structural reforms of lasting nature

ISLAMABAD: Minister of State for Finance, Dr Aisha Ghaus Pasha Monday called for undertaking structural reform to ...

Published 23 Aug, 2022 06:51am

Pakistan

Moody's, Fitch expect Pakistan to secure $1.2bn IMF bailout package

Fitch, however, cautions Pakistan’s ability to complete the current programme and maintain a credible policy path that supports further financing remains highly uncertain

Updated 27 Jul, 2022 03:38pm

Pakistan

In Twitter thread, economist Atif Mian highlights Pakistan's economic woes

Says Pakistan stands out in how poorly its median citizen fares on basic needs such as education and health, even when compared to countries with similar income per capita

Published 21 Jul, 2022 11:35pm

Pakistan

Pakistan hopeful of nearly $2bn inflow after IMF clubs 7th and 8th reviews

At event in Islamabad, PM Shehbaz says assistance from China and IMF will help Pakistan bring investment, and increase export earnings

Updated 28 Jun, 2022 06:17pm

Business & Finance

Pakistan, IMF begin crucial talks in Doha as economy stumbles

Will discuss revival of stalled $6 billion Extended Fund Facility (EFF) programme

Updated 18 May, 2022 02:17pm

Gainers
Losers
Leaders

Stock	Price
Data Textile / Jan 31 Data Textiles Limited(DATM)	6.08 ▲ 1.00 (19.69%)
Sindh Modaraba / Jan 31 Sindh Modaraba(SINDM)	7 ▲ 1.00 (16.67%)
Service Textile / Jan 31 Service Industries Textiles Limited(SERT)	7.61 ▲ 1.00 (15.13%)
P.I.A.C.(A) / Jan 31 Pakistan International Airlines Corp(PIAA)	3.70 ▲ 0.46 (14.20%)
Bawany Air Products / Jan 31 Bawany Air Products Limited(BAPL)	9.84 ▲ 1.00 (11.31%)
HBL Growth Fund / Jan 31 HBL Growth Fund(HGFA)	5.29 ▲ 0.49 (10.21%)
Abdullah Shah / Jan 31 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	5.90 ▲ 0.50 (9.26%)
Beco Steel Ltd / Jan 31 Beco Steel Limited(BECO)	9.38 ▲ 0.72 (8.31%)
Unicap Modaraba / Jan 31 Unicap Modaraba(UCAPM)	1.77 ▲ 0.13 (7.93%)
JS Global Cap. / Jan 31 JS Global Capital Limited(JSGCL)	258 ▲ 18.00 (7.50%)

Stock	Price
Hira Textile / Jan 31 Hira Textile Mills Limited(HIRAT)	1.72 ▲ -0.20 (-10.42%)
Dewan Sugar / Jan 31 Dewan Sugar Mills Limited(DWSM)	2.60 ▲ -0.28 (-9.72%)
Ashfaq Textile / Jan 31 Ashfaq Textile Mills Limited(ASHT)	9.50 ▲ -1.00 (-9.52%)
Leather Up Ltd. / Jan 31 Leather Up Limited(LEUL)	10.72 ▲ -0.89 (-7.67%)
Pak Paper Prod / Jan 31 Pakistan Paper Products Limited(PPP)	54.49 ▲ -4.41 (-7.49%)
Rafhan Maize / Jan 31 Rafhan Maize Products Company Limited(RMPL)	8325 ▲ -674.00 (-7.49%)
Shams Textile / Jan 31 Shams Textile Mills Limited(STML)	36.67 ▲ -2.97 (-7.49%)
J.K.Spinning / Jan 31 J.K. Spinning Mills Limited(JKSM)	46.25 ▲ -3.59 (-7.20%)
Sapphire Fibres / Jan 31 Sapphire Fibres Limited(SFL)	1065.01 ▲ -81.99 (-7.15%)
Pakgen Power / Jan 31 Pakgen Power Limited(PKGP)	28.51 ▲ -2.19 (-7.13%)

Stock	Volume
Pak Refinery / Jan 31 Pakistan Refinery Limited(PRL)	21,142,838 ▲ -0.04
WorldCall Telecom / Jan 31 Worldcall Telecom Limited(WTL)	13,426,966 ▲ -0.01
Cnergyico PK / Jan 31 Cnergyico PK Limited(CNERGY)	11,806,498 ▼ 0.00
Pak Petroleum / Jan 31 Pakistan Petroleum Limited(PPL)	9,980,387 ▼ 1.44
Engro Polymer / Jan 31 Engro Polymer & Chemicals Limited(EPCL)	6,695,317 ▲ -0.32
Maple Leaf Cement / Jan 31 Maple Leaf Cement Factory Limited(MLCF)	6,559,467 ▼ 0.62
Oil & Gas Dev. / Jan 31 Oil & Gas Development Company Limited(OGDC)	5,019,786 ▼ 1.67
Fauji Cement / Jan 31 Fauji Cement Company Limited(FCCL)	4,779,500 ▼ 0.43
Hub Power Co. / Jan 31 The Hub Power Company Limited(HUBC)	4,597,709 ▼ 2.25
TPL Properties / Jan 31 TPL Properties Limited(TPLP)	4,361,468 ▼ 0.17

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 31	270
USD PKR Interbank Buying / Jan 31	268
USD to Japanese Yen / Jan 31	130.28
USD to Swiss Franc / Jan 31	0.93
Pound Sterling to USD / Jan 31	1.23
Euro to USD / Jan 31	1.08
UK LIBOR % / Jan 30	4.30

Stock	Volume
S&P 500 / Jan 30	4017.77
Nasdaq / Jan 30	11393.82
Dow Jones / Jan 30	33717.09
India Sensex / Jan 31	59549.90
Tokyo Nikkei / Jan 31	27327.11
Hang Seng / Jan 31	21842.33
FTSE 100 / Jan 31	7771.61
Germany DAX 30 / Jan 31	15085.41
France CAC40 / Jan 31	7071.43

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 30	20735
Gold 10 Grams PKR / Jan 30	180470
Crude Oil USD/Barrel / Jan 31	77.58
Gold Spot USD/Ounce / Jan 31	1919.80
Cotton US¢/pound / Jan 31	85.72

Pakistan economy

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