Trends - poverty - Business Recorder

poverty

Pakistan’s elite and the art of deception

“The ends justify the means,” Machiavelli’s famous adage, permitting rulers to forsake moral high grounds in...

Published 02 May, 2024 04:58am

Pakistan

Economic welfare, poverty eradication: CM seeks to enhance cooperation with Iran

LAHORE: Punjab Chief Minister Maryam Nawaz Sharif has sought to enhance cooperation with Iran in various economic...

Published 24 Apr, 2024 03:50am

Editorials

Shocking poverty trends

EDITORIAL: The spillover effects of the low growth/high inflation double whammy are becoming clearer by the day. And...

Published 09 Apr, 2024 05:06am

No reduction in poverty in sight: World Bank projects 1.8pc growth

ISLAMABAD: The World Bank has projected Pakistan’s GDP growth at 1.8 percent against the budgetary estimates of 3.5...

Updated 03 Apr, 2024 09:46am

World

Sri Lanka recovering but poverty enduring: World Bank

COLOMBO: Crisis-hit Sri Lanka will return to growth this year, the World Bank said Tuesday, but around a quarter of...

Published 02 Apr, 2024 07:53pm

Opinion

Eradicating systemic corruption

The pervasive issue of corruption and mismanagement acts as a two-edged sword that significantly undermines societal...

Published 05 Mar, 2024 03:09am

Rural areas: One-quarter of population still below poverty line: WB

ISLAMABAD: While poverty has decreased significantly over the past two decades, one-quarter of the population still...

Updated 03 Mar, 2024 05:29pm

Opinion

Future tech: promise against poverty

Do you anticipate the technological landscape changing significantly, in ways that are currently unpredictable, by...

Published 14 Feb, 2024 02:34am

Bilawal steps up criticism of ‘Takht-e-Lahore’

SHIKARPUR: Chairman of the Pakistan Peoples Party (PPP) Bilawal Bhutto Zardari has said that the burden of the...

Updated 03 Feb, 2024 09:00am

Opinion

‘Rising poverty’

This is apropos a Business Recorder op-ed ‘Rising poverty’ carried by the newspaper on last Tuesday. The writer,...

Published 01 Feb, 2024 04:52am

Bilawal urges PTI workers to support his party

LAHORE: Chairman Pakistan Peoples Party Bilawal Bhutto Zardari addressing a public gathering of the party in Lahore...

Updated 22 Jan, 2024 08:54am

World

Millions of Afghans go hungry as winter cold bites

PUL-E ALAM: Khurma had to borrow her neighbour’s shoes to walk to Pul-e Alam city to collect a cash handout being...

Published 17 Jan, 2024 12:09pm

Pakistan

Economic policies should revolve around job creation: PDP

KARACHI: Showing deep concerns over growing joblessness in the country, Pasban Democratic Party (PDP) Chairman Altaf...

Published 11 Dec, 2023 06:41am

Opinion

Global hunger, food security challenges

Member States should facilitate the continued strengthening of the United Nations development system and boost the...

Published 08 Dec, 2023 05:20am

Pakistan

Disparities fuelling poverty: expert

KARACHI: Many countries in the world have income disparities but we have too much income disparity; therefore the...

Published 26 Nov, 2023 03:31am

Pakistan

JI urges voters to reject ‘enemies of the poor’

ISLAMABAD: Deputy Amir of Jamaat-e-Islami (JI) and candidate for National Assembly NA-46, Mian Aslam has asked the...

Published 06 Nov, 2023 05:27am

Pakistan

Nawaz to tame inflation, end unemployment and poverty: Asif

SIALKOT: Former federal defence minister and Pakistan Muslim League Nawaz (PML-N) senior leader Khawaja Muhammad ...

Published 22 Oct, 2023 03:20am

Pakistan

Speaker links political, economic stability to poverty reduction

ISLAMABAD: National Assembly Speaker Raja Pervaiz Ashraf said that political and economic stability are essential to...

Published 18 Oct, 2023 06:09am

World

IMF, World Bank urge funds for poverty, climate fights

MARRAKESH, (Morocco): The heads of the IMF and World Bank urged member nations on Friday to boost the funding...

Published 14 Oct, 2023 05:32am

Opinion

Poverty on the rise

Poverty levels have risen from 34.2 percent in 2022 to 39.4 percent in 2023, pushing 12.5 million people below the...

Updated 09 Oct, 2023 07:03am

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

Opinion

IMF’s policy needs deeper political economic thinking

‘“Escalating protests in Pakistan against rising costs linked to IMF demands, which follow similar protests in...

Published 02 Oct, 2023 07:03am

Opinion

Facilitate to educate

There are a lot of suggestions on how to eradicate poverty and help the underprivileged survive in these days of...

Updated 29 Sep, 2023 06:54am

Editorials

Significant rise in poverty

EDITORIAL: World Bank officials while briefing the media noted that Pakistan’s poverty level rose to 39.4 percent...

Updated 27 Sep, 2023 07:05am

World

Macron vows $150m towards rural hunger at Global Citizen festival

NEW YORK: French President Emmanuel Macron on Saturday announced a $150 million commitment to the International Fund...

Published 25 Sep, 2023 06:34am

Economic model ‘flops’: Poverty hits 39.4pc mark, say World Bank officials

ISLAMABAD: Pakistan’s current economic development model is no longer reducing poverty and provides few benefits to...

Updated 23 Sep, 2023 05:38pm

World leaders warn goals to fight hunger, poverty, climate change in peril

UNITED NATIONS: World leaders meeting at the United Nations on Monday warned of the peril the world faces unless it...

Updated 19 Sep, 2023 09:45am

World

More than 330mn children still in extreme poverty: UNICEF

WASHINGTON: The Covid-19 pandemic caused a sharp slowdown in the fight to end child poverty, with 333 million...

Published 13 Sep, 2023 12:35pm

World

WFP warns cuts could push 24m people to brink of famine

GENEVA: The World Food Programme said Tuesday that shrinking funding was forcing it to drastically slash rations in...

Published 13 Sep, 2023 06:17am

Opinion

Balochistan falls behind

Balochistan is the smallest province of Pakistan, with a share of 6.2% in the national population, according to the...

Published 12 Sep, 2023 06:56am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 16	278.55
USD PKR Interbank Buying / May 16	278.25
USD to Japanese Yen / May 16	155.81
USD to Swiss Franc / May 16	0.91
Pound Sterling to USD / May 16	1.27
Euro to USD / May 16	1.09

Stock	Volume
S&P 500 / May 16	5297.10
India Sensex / May 16	73663.72
Tokyo Nikkei / May 16	38697.69
Nasdaq / May 16	16698.32
Hang Seng / May 16	19535.72
FTSE 100 / May 16	8438.65
Dow Jones / May 16	39869.38
Germany DAX 30 / May 16	18738.81

Item	Value
Crude Oil USD/Barrel / May 16	79.42
Karachi Cotton PKR/37.32 KG / May 16	19935
Gold 10 Grams PKR / May 16	210562
Gold Spot USD/Ounce / May 16	2377.52
Cotton US¢/pound / May 16	76.26
Petrol/Litre / May 17	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 17 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 17 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 17 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 17 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 17 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 17 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 17 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 17 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 17 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 17 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 17 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 17 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 17 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 17 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 17 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 17 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 17 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 17 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 17 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 17 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 17 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 17 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 17 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 17 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 17 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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