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Pakistan Economy

ADB official, Aurangzeb discuss collaboration

ISLAMABAD: Country Director of the Asian Development Bank (ADB) Young Ye called on Minister for Finance and Revenue...

Updated 22 Mar, 2024 09:47am

Fiscal deficit: OICCI submits proposals to Aurangzeb

ISLAMABAD: The Overseas Investors Chamber of Commerce and Industry (OICCI) has submitted proposals to the government...

Updated 22 Mar, 2024 09:46am

Today MoF going to embark upon budgetary works

ISLAMABAD: The Ministry of Finance (MoF) is all set to start Demand Review Committee/Priority Committee meeting from...

Updated 22 Mar, 2024 08:32am

Opinion

Securing Pakistan’s banking and fintech revolution

‘Fraud Risk’, specifically also in Pakistani banking industry becomes a key component of Risk in last decade due...

Updated 21 Mar, 2024 06:35am

IMF says will disburse final SBA tranche

ISLAMABAD: The International Monetary Fund (IMF) and Pakistan have reached a staff-level agreement on the second and...

Updated 21 Mar, 2024 08:41am

Broadening tax base: PM seeks report on phase-wise economic reforms

ISLAMABAD: Prime Minister Shehbaz Sharif presiding over a high-level meeting on Wednesday to discuss proposals with...

Updated 21 Mar, 2024 09:54am

Editorials

An amendment in the works?

EDITORIAL: The declared election outcome notwithstanding recounting of votes since, appears to be veering towards a...

Published 21 Mar, 2024 05:22am

Editorials

‘Decisive action’

EDITORIAL: The new government must have already found out that it has no time to settle in, especially when it comes...

Published 21 Mar, 2024 05:22am

Pakistan

FDI in Pakistan falls over 17% in 8MFY24

However, net FDI during February alone higher on yearly and monthly basis

Updated 20 Mar, 2024 09:55pm

Pakistan

Pakistan, IMF reach staff-level agreement on final review of $3bn SBA

Subject to IMF board approval, Pakistan will have access to around $1.1bn

Updated 20 Mar, 2024 10:07pm

Business & Finance

Senior economist says current economic challenges can be effectively addressed

LAHORE: Former Federal Finance Minister Dr Hafeez Pasha asserted that despite enduring challenging economic...

Published 19 Mar, 2024 04:53am

Markets

SBP keeps key policy rate unchanged at 22%

This is the sixth successive decision to hold rates by Pakistan's central bank

Updated 18 Mar, 2024 08:43pm

Perspectives

Economic agenda: Pakistan will continue walking on a tightrope

After months of political volatility in Pakistan, the dust finally settled over the formation of a new government. A...

Published 18 Mar, 2024 10:18am

Pakistan

‘PM shares agenda aimed at stabilising economy’: Elements behind campaign against martyrs to face stern action: Tarar

LAHORE: Federal Minister for Information and Broadcasting Attaullah Tarar said on Sunday the government was fully...

Published 18 Mar, 2024 04:56am

Opinion

Policy rate: a cut is likely?

Despite a decline in inflation, overall costs are still growing this year in comparison to prior years. Regarding...

Published 18 Mar, 2024 04:56am

Opinion

Self-sufficiency versus loan dependence

As Pakistan steps into critical discussions with the International Monetary Fund (IMF), it’s confronting immense...

Published 18 Mar, 2024 04:56am

Leghari made minister for Power Div

ISLAMABAD: As the worsening blackouts continue to signal economic distress, Prime Minister Shehbaz Sharif on Sunday...

Updated 18 Mar, 2024 09:55am

Editorials

Body to help curtail govt expenditure

EDITORIAL: Prime Minister Shehbaz Sharif has formed a seven-member committee tasked to curtail government expenses...

Published 18 Mar, 2024 04:56am

PM directs Ministry to explore possibility of Panda Bonds

Directions issued to shore up depleting foreign exchange reserves

Updated 16 Mar, 2024 10:14pm

Opinion

Challenges before the new finance minister

President Asif Ali Zardari has taken oath from the newly-inducted Federal Cabinet headed by second time Prime...

Published 15 Mar, 2024 04:14am

Opinion

Getting prices right in Pakistan: Shock therapy, ‘dual-track’ price system, and input-output model

Lack of allocative and productive expenditure efficiency has led to under-utilization of revenue and aid, which in...

Updated 15 Mar, 2024 11:53am

15 to 20 institutions: Govt seeks swift privatisation

ISLAMABAD: Federal Minister for Privatisation and Board of Investment Abdul Aleem Khan has said that in the present...

Updated 15 Mar, 2024 09:17am

‘Economic roadmap’ presented to PM

ISLAMABAD: Prime Minister Shehbaz Sharif was presented an economic roadmap that envisages the alleviation of...

Updated 15 Mar, 2024 08:30am

Business & Finance

Indus Motor reduces Toyota Yaris prices in Pakistan by up to Rs133,000

Indus Motor Company, the maker of Toyota cars in Pakistan, announced on Thursday a price reduction for its Yaris...

Updated 14 Mar, 2024 09:23pm

Opinion

Why we lag in exports

One of Pakistan’s most pressing economic issues is the chronic shortage of foreign exchange underscored by an...

Published 14 Mar, 2024 03:00am

Pakistan

PM Shehbaz visits utility stores to review Ramazan package

Prime Minister Shehbaz Sharif made on Wednesday a surprise visit to various utility stores in Islamabad, Aaj News...

Updated 13 Mar, 2024 10:42pm

Aurangzeb unveils his approach to IMF lending

Says Pakistan is eager to negotiate a larger and the longest Extended Fund Facility (EFF) of the IMF programme to achieve macroeconomic stability in the country

Updated 13 Mar, 2024 12:27pm

Aurangzeb’s appointment a positive step: Bloomberg

ISLAMABAD: The appointment of Muhammad Aurangzeb as Pakistan’s finance minister is a positive step to steer the...

Updated 13 Mar, 2024 12:24pm

Mixed expectations: MPS on 18th

KARACHI: The State Bank of Pakistan (SBP) is scheduled to announce the Monetary Policy next Monday (March 18) with...

Updated 13 Mar, 2024 09:42am

Perspectives

Never has an economic roadmap been more important in Pakistan

It was in June 2022 that Pakistan’s CPI-based inflation figure topped 20%. It has since then stood stubbornly at...

Updated 13 Mar, 2024 12:18pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 7	278.32
USD PKR Interbank Buying / May 7	278.12
USD to Japanese Yen / May 7	154.44
USD to Swiss Franc / May 7	0.91
Pound Sterling to USD / May 7	1.26
Euro to USD / May 7	1.08

Stock	Volume
S&P 500 / May 6	5180.74
Nasdaq / May 6	16349.25
Dow Jones / May 6	38852.27
India Sensex / May 7	73503.22
Tokyo Nikkei / May 7	38775.44
Hang Seng / May 7	18439.46
FTSE 100 / May 7	8295.53
Germany DAX 30 / May 7	18257.19

Item	Value
Gold 10 Grams PKR / May 6	206190
Petrol/Litre / May 7	288.49
Crude Oil USD/Barrel / May 7	78.61
Karachi Cotton PKR/37.32 KG / May 7	19935
Gold Spot USD/Ounce / May 7	2322.69
Diesel/Litre / May 7	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 7 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 7 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 7 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 7 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 7 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 7 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 7 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 7 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 7 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 7 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 7 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 7 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 7 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 7 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 7 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 7 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 7 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 7 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 7 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 7 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 7 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 7 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 7 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 7 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 7 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 7 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 7 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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Pakistan Economy

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