Trends - Pakistan GDP - Business Recorder

Pakistan GDP

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

World Bank ties recurrent budget shortfall to low fiscal revenue

ISLAMABAD: Persistent low fiscal revenue is one of the drivers of Pakistan’s recurrent budget shortfall, as total...

Updated 14 Apr, 2023 12:35pm

Fiscal Monitor: IMF projects fall in govt gross debt to 73.6pc of GDP

ISLAMABAD: The International Monetary Fund (IMF) has projected a decrease in the government gross debt for Pakistan,...

Updated 13 Apr, 2023 08:42am

IMF drastically cuts Pakistan’s FY23 growth forecast to 0.5pc

Projects rise in inflation from 19.9 percent to 27.1 and unemployment from 6.2 percent to 7 percent

Updated 12 Apr, 2023 01:04pm

Opinion

The GDP growth this year

The budgeted Gross Domestic Product (GDP) growth rate was an unrealistic 5 percent (10 June 2022), downgraded to 3...

Updated 10 Apr, 2023 01:14pm

Business & Finance

2000-21 period: World Bank says Pakistan’s 3.1pc growth rate among lowest in S Asia

ISLAMABAD: In Pakistan investment has been subject to pronounced boom-bust cycles over the past two decades, with...

Published 28 Mar, 2023 06:21am

Pakistan

Can Pakistan’s electric buses reduce urban air pollution woes?

ISLAMABAD: For Karachi-based Raja Kamran, swapping his motorcycle commute for Pakistan’s first-ever electric bus...

Published 13 Mar, 2023 01:25pm

Business & Finance

Expert stresses need to increase tax-to-GDP ratio

ISLAMABAD: The government’s decision to increase sales tax rate from 17 to 18 per cent is a temporary measure, as...

Published 13 Mar, 2023 07:37am

Editorials

Political uncertainty, the economy and business

EDITORIAL: Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan reiterated over the weekend that the cost of political...

Updated 07 Mar, 2023 10:05pm

Opinion

‘Debt and fiscal space’

Business Recorder op-ed writer Dr Omer Javed deserves a lot of praise for articulating a highly informed argument on...

Published 25 Feb, 2023 06:23am

Business & Finance

Pakistan, Uzbekistan sign $1bn trade deal

ISLAMABAD: Pakistan and Uzbekistan signed on Friday a $1 billion deal to increase bilateral trade, a statement from...

Published 25 Feb, 2023 06:23am

World

Pakistan, Uzbekistan sign $1bn trade deal

ISLAMABAD: Pakistan and Uzbekistan signed on Friday a $1 billion deal to increase bilateral trade, a statement from...

Updated 24 Feb, 2023 06:53pm

Pakistan

Crumbling Pakistan economy puts children’s futures on hold

LAHORE: Sixteen-year-old Nadia makes the one-hour journey to and from her employer’s house on foot each day,...

Updated 24 Feb, 2023 05:57pm

Opinion

Surging govt debt

The statistics on total debt of Pakistan as of end-December 2022 has been released recently by the SBP (State Bank ...

Published 21 Feb, 2023 05:58am

First six months: Fiscal deficit swells to 2pc of GDP

ISLAMABAD: Fiscal deficit has been recorded at two per cent of the GDP or Rs1,683 billion during the first six ...

Updated 09 Feb, 2023 08:41am

Business & Finance

Lack of investment in climate-related steps to cost emerging markets dearly: report

KARACHI: Failure to invest the bare minimum needed to withstand projected climate damage could cost emerging markets...

Published 18 Jan, 2023 06:22am

World Bank projects 2pc growth

ISLAMABAD: The World Bank has projected Pakistan’s GDP growth rate at two percent in the fiscal year 2022-23, half...

Published 11 Jan, 2023 05:53am

Opinion

A sad tale indeed – II

A The political and economic events unfolding in Pakistan since April 2022 amidst an opportunistic power struggle...

Published 07 Jan, 2023 06:00am

Jul-Oct: Fiscal deficit rises 1.5pc of GDP to Rs1.266trn YoY

ISLAMABAD: Overall, the fiscal deficit has increased to 1.5 percent of GDP (Rs1,266 billion) during July-October...

Updated 31 Dec, 2022 08:50am

Editorials

Ishaq Dar’s address: misplaced optimism?

EDITORIAL: Federal Finance Minister Ishaq Dar gave an impassioned virtual address to mark the first listing of the...

Published 30 Dec, 2022 05:50am

Business & Finance

Pakistan projected to be sixth-largest economy by 2075

KARACHI: A research paper published by Goldman Sachs on Tuesday projected Pakistan to be the sixth largest economy ...

Published 08 Dec, 2022 06:47am

Pakistan

Challenging road ahead: Pakistan's economic growth projected to slow down to 2.1%: report

EFG Hermes says political uncertainty will dent country's economic outlook

Updated 25 Nov, 2022 06:12pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 24	278.50
USD PKR Interbank Buying / Apr 24	278.25
USD to Japanese Yen / Apr 24	154.89
USD to Swiss Franc / Apr 24	0.91
Pound Sterling to USD / Apr 24	1.24
Euro to USD / Apr 24	1.07

Stock	Volume
S&P 500 / Apr 23	5070.55
India Sensex / Apr 23	73738.45
Tokyo Nikkei / Apr 23	37552.16
Nasdaq / Apr 23	15696.64
Hang Seng / Apr 23	16828.93
FTSE 100 / Apr 23	8044.81
Dow Jones / Apr 23	38503.69
Germany DAX 30 / Apr 23	18137.65

Item	Value
Crude Oil USD/Barrel / Apr 23	83.54
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Gold Spot USD/Ounce / Apr 23	2323.25
Cotton US¢/pound / Apr 23	81.72
Petrol/Litre / Apr 24	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 24 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 24 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 24 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 24 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 24 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 24 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 24 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 24 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 24 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 24 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 24 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 24 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 24 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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Pakistan GDP

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