Trends - Pakistan GDP - Business Recorder

Pakistan GDP

GDP likely to decrease due to climate challenges: World Bank

ISLAMABAD: Pakistan’s GDP is expected to decrease by a minimum of 18 to 20 percent by 2050 due to severe...

Updated 01 Dec, 2023 09:16am

Pakistan

Pakistan’s economy grows 2.13% in 1st quarter of FY24: NAC

GDP for FY23 revised slightly downward from growth of 0.29% to contraction of 0.17%

Published 28 Nov, 2023 10:43pm

Pakistan attracted $16bn in visitor spending in 2022: World Bank

ISLAMABAD: Pakistan attracted $16 billion in visitor spending in 2022 which is projected to touch $30 billion in...

Updated 08 Nov, 2023 01:24pm

Technology

Adoption of digital payments can boost GDP by 7pc: study

KARACHI: National adoption of digital payments in Pakistan by 2025 can boost gross domestic product (GDP) by 7...

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

Pakistan

Poverty headcount in Pakistan reached 39.4% in FY23, projects World Bank

Expects poverty reduction to be gradual in the medium term, owing to weak growth and lower labor income, persistent inflation (especially for food and energy), and lower remittances

Updated 03 Oct, 2023 10:35pm

Pakistan

Pakistan’s GDP projected to recover to 1.7% in FY24: World Bank

This is 'predicated on the robust implementation of the IMF Stand-By Arrangement, new external financing and continued fiscal restraint'

Updated 03 Oct, 2023 10:43pm

Pakistan

Downward revision: ADB sees Pakistan’s GDP growth to ‘recover modestly’ to 1.9% in FY24

Prospects closely tied to steadfast and consistent implementation of policy reforms to stabilise economy and rebuild fiscal, external buffers, it says

Updated 20 Sep, 2023 10:56pm

Business & Finance

Need stressed to bolster Pak-Kenya trade

FAISALABAD: Bilateral trade relations between Pakistan and Kenya must be increased to fully tap their potential, ...

Published 19 Sep, 2023 06:31am

Opinion

Trend in key fiscal ratios

The consistent series of the GDP with one year, 2015-16, has been estimated and released by the PBS from 1999-2000...

Published 27 Jun, 2023 06:15am

Pakistan

Pakistan’s economic meltdown spurs more people to risk lives to reach Europe

KHUIRATTA: Hameed Iqbal Bhatti had prospered over two decades working in Saudi Arabia, but after returning to...

Published 23 Jun, 2023 12:42pm

Economic Survey 2022-23 to be unveiled today: PDM govt fails to meet even a single target

The country’s Gross Domestic Product has missed all annual targets due to variety of reasons including lingering political uncertainty

Updated 08 Jun, 2023 09:30am

Business & Finance

FPCCI says agri sector can be the game changer for economy

KARACHI: Federation of Pakistan chambers of Commerce and Industry (FPCCI) has emphasized that the government’s...

Published 07 Jun, 2023 06:05am

World Bank revises Pakistan’s GDP growth downward to 0.4pc

Projects GDP growth rate at 2pc for next fiscal year of 2023-24

Updated 07 Jun, 2023 10:30am

Govt says 3.5pc growth target quite realistic

Federal Minister for Planning, Development and Special Initiatives, Ahsan Iqbal says National Economic Council has approved Rs1,150 billion federal development budget

Updated 07 Jun, 2023 10:30am

Business & Finance

Federal budget to be made keeping all constraints in view: Ishaq Dar

Says government will try to provide as much relief to public as possible

Updated 30 May, 2023 11:33pm

Perspectives

Pakistan ‘borrows’ growth from its future

Pakistan’s external debt repayment problem is attracting more attention than the base problem of rapidly increasing...

Published 30 May, 2023 04:43pm

Direct containerised Karachi-Saint Petersburg shipping service inaugurated

KARACHI: In a bid to enhance energy growth and achieve a sustainable GDP growth rate of at least 5 percent, Pakistan...

Updated 26 May, 2023 08:56am

NAC approves ‘0.29pc’ provisional growth rate

ISLAMABAD: The National Accounts Committee (NAC) has approved 0.29 percent estimated provisional Gross Domestic...

Updated 25 May, 2023 02:35pm

Opinion

GDP estimates: fudging under way?

The economic recession in Pakistan is getting worse. GDP contraction is happening at a much faster pace than was...

Published 22 May, 2023 06:23am

Opinion

Budget, taxes, revival & growth

Fiscal consolidation should be as growth-friendly as possible. In general, tax base-broadening reforms are ...

Published 19 May, 2023 06:17am

Pakistan

Pakistan’s deepening political turmoil douses hopes for IMF relief

Upheaval since Imran Khan's arrest has rattled stock and currency markets, analysts believe IMF will be even more wary of restarting bailout programme

Updated 10 May, 2023 08:21pm

Fiscal deficit for Jul-Mar reaches 3.7pc of GDP

ISLAMABAD: The government has closed the first nine months (July-March 2023) of the current fiscal year with the...

Updated 06 May, 2023 08:55am

Business & Finance

C/A posts $654m surplus in March

KARACHI: The country’s current account posted a surplus of $654 million in March after a gap of over two years...

Published 20 Apr, 2023 06:30am

Govt fails to implement WB-recommended tax reforms

ISLAMABAD: The government has failed to fully implement the World Bank recommended major tax reforms for enhancing...

Updated 20 Apr, 2023 08:35am

Editorials

Federal public expenditure

EDITORIAL: The World Bank’s recent report titled Pakistan Federal Public Expenditure Review 2023 projects savings...

Updated 18 Apr, 2023 06:47am

Opinion

Future at stake: deindustrialization–II

The analysis presented in the first part (carried by the newspaper on Wednesday) of this two-part series of article...

Published 16 Apr, 2023 03:36am

Opinion

‘Resilience, helplessness or loss of trust?’

This is apropos a Business Recorder op-ed ‘Resilience, helplessness or loss of trust?’ carried by the newspaper...

Published 15 Apr, 2023 06:19am

World Bank estimates fall in GDP per capita income to $1,399

Says poverty will inevitably increase with pressures from weak labour markets and high inflation

Updated 15 Apr, 2023 08:33pm

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 2 786 Investments Limited(786)	5.85 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 2 Al-Abbas Sugar Mills Limited(AABS)	501.13 ▼ 0.00 (0.00%)
Agro Allianz / Dec 2 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Dec 2 Allied Bank Limited(ABL)	85.40 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 2 Abbott Laboratories (Pakistan) Limited(ABOT)	481.25 ▼ 0.00 (0.00%)
Abson Ind. / Dec 2 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 2 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▼ 0.00 (0.00%)
Attock Cement / Dec 2 Attock Cement Pakistan Limited(ACPL)	96.07 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 2 786 Investments Limited(786)	5.85 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 2 Al-Abbas Sugar Mills Limited(AABS)	501.13 ▲ 0.00 (0.00%)
Agro Allianz / Dec 2 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Dec 2 Allied Bank Limited(ABL)	85.40 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 2 Abbott Laboratories (Pakistan) Limited(ABOT)	481.25 ▲ 0.00 (0.00%)
Abson Ind. / Dec 2 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 2 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▲ 0.00 (0.00%)
Attock Cement / Dec 2 Attock Cement Pakistan Limited(ACPL)	96.07 ▲ 0.00 (0.00%)

Stock	Volume
Maple Leaf Cement / Dec 2 Maple Leaf Cement Factory Limited(MLCF)	43,072,746 ▲ 0.00
Pak Elektron / Dec 2 Pak Elektron Limited(PAEL)	39,797,114 ▲ 0.00
Fauji Fert Bin / Dec 2 Fauji Fertilizer Bin Qasim Limited(FFBL)	27,568,000 ▲ 0.00
Fauji Cement / Dec 2 Fauji Cement Company Limited(FCCL)	27,255,000 ▲ 0.00
Hum Network / Dec 2 Hum Network Limited(HUMNL)	22,004,000 ▲ 0.00
WorldCall Telecom / Dec 2 Worldcall Telecom Limited(WTL)	17,256,413 ▲ 0.00
D.G.K.Cement / Dec 2 D.G. Khan Cement Company Limited(DGKC)	14,240,764 ▲ 0.00
Air Link Com. / Dec 2 Air Link Communication Limited(AIRLINK)	13,542,140 ▲ 0.00
Dewan Cement / Dec 2 Dewan Cement Limited(DCL)	12,062,500 ▲ 0.00
K-Electric Ltd. / Dec 2 K-Electric Limited(KEL)	10,296,343 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 1	285.15
USD PKR Interbank Buying / Dec 1	284.95
USD to Japanese Yen / Dec 1	146.82
USD to Swiss Franc / Dec 1	0.87
Pound Sterling to USD / Dec 1	1.27
Euro to USD / Dec 1	1.09
UK LIBOR % / Dec 1	5.46

Stock	Volume
S&P 500 / Dec 1	4594.63
India Sensex / Dec 1	67481.19
Tokyo Nikkei / Dec 1	33431.51
Nasdaq / Dec 1	14305.03
Hang Seng / Dec 1	16830.30
FTSE 100 / Dec 1	7529.35
Dow Jones / Dec 1	36245.50
Germany DAX 30 / Dec 1	16397.52
France CAC40 / Dec 1	7346.15

Item	Value
Crude Oil USD/Barrel / Dec 1	74.07
Karachi Cotton PKR/37.32 KG / Dec 1	17235
Gold 10 Grams PKR / Dec 1	189043
Gold Spot USD/Ounce / Dec 1	2072.22
Cotton US¢/pound / Dec 1	79.42

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Pakistan GDP

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