Budgetary support during Jul 1-Dec 16, 2023 period: Govt borrowing jumps 200pc to Rs2.876trn YoY Entire amount was borrowed from the SBP and scheduled banks to finance the fiscal deficit Updated 27 Dec, 2023 09:54am
Editorials Austerity measures EDITORIAL: A Business Recorder exclusive reveals that austerity measures for the current year are awaiting Caretaker... Published 26 Dec, 2023 04:30am
Print SBA: MoF says commitments being fulfilled Spokesman for the Finance Division says the arrangement was evident from the successful completion of the first review of the Staff Level Agreement Updated 24 Dec, 2023 06:49pm
Editorials LSM floundering EDITORIAL: Large-scale manufacturing (LSM) growth declined by 4.08 percent in October compared to October 2022 and 2... Published 20 Dec, 2023 06:00am
Business & Finance Jul-Nov borrowing down $0.829bn to $4.285bn YoY ISLAMABAD: The country borrowed $4.285 billion from multiple financing sources during the first five months... Updated 19 Dec, 2023 09:41am
Business & Finance IMF denies it plans to ask Pakistan to raise taxes on salaries KARACHI: The International Monetary Fund (IMF) resident representative in Pakistan on Friday denied media reports... Published 16 Dec, 2023 05:49am
Editorials Monetary policy blues EDITORIAL: The Monetary Policy Committee (MPC) in its meeting of 12 December 2023 kept the discount rate unchanged... Published 14 Dec, 2023 05:24am
Business & Finance Fitch maintains foreign currency IDR rating at CCC ISLAMABAD: Fitch rating agency maintained Pakistan’s long-term foreign-currency issuer default rating (IDR) at... Published 14 Dec, 2023 05:24am
Editorials Sensitive price index: roiling resurgence? EDITORIAL: The Sensitive Price Index (SPI) for the week ending 7 December 2023 against the week ending 30 November... Published 13 Dec, 2023 05:33am
Editorials Modest upturn in the economy EDITORIAL: The stock market benchmark, yet again, crossed another psychological barrier, this time of 66,000 points,... Published 12 Dec, 2023 05:28am
Print IMF scheduled to consider first review of $3bn SBA on Jan 11 ISLAMABAD: The International Monetary Fund (IMF) Executive Board is scheduled to consider the first review under... Updated 10 Dec, 2023 11:13am
Editorials Tax evasion in non-profit sector EDITORIAL: Now that the Federal Tax Ombudsman’s (FTO’s) office has identified “significant gaps” in the... Published 09 Dec, 2023 05:46am
Editorials SBA’s first tranche: So why the delay? EDITORIAL: International Monetary Fund’s (IMF’s) Board calendar till 14 December surprisingly does not include... Published 07 Dec, 2023 04:35am
Print Pakistan not on agenda of IMF Executive Board meeting ISLAMABAD: The International Monetary Fund (IMF) Executive Board has issued meetings scheduled till December 14, but... Updated 05 Dec, 2023 09:04am
Opinion A revisit of trade components critical Exports fuel domestic productivity and therefore employment and at the same time constitute the most desired form of... Published 04 Dec, 2023 05:35am
Markets PKR: only a marginal improvement KARACHI: The rupee saw marginal improvement in the previous week as it appreciated 0.14% or Re0.40 against the US... Published 04 Dec, 2023 05:35am
Print Expenditures: Higher mark-up payments may put big pressure: MoF ISLAMABAD: The Finance Ministry has forewarned higher markup payments may put significant pressure on the... Updated 03 Dec, 2023 05:15pm
Markets KSE-100 snaps 7-session rally as profit-taking kicks in Selling pressure drags benchmark index below 61,000 after it hits record high during trading Updated 29 Nov, 2023 09:35pm
Print NAC lowers FY23 growth rate to -0.17pc ISLAMABAD: The National Accounts Committee (NAC) has revised the GDP growth rate downward for the fiscal year... Updated 29 Nov, 2023 09:19am
Editorials The external resource shortfall EDITORIAL: The budgeted 6 billion dollars from the commercial banking sector abroad and through issuance of... Published 28 Nov, 2023 04:56am
Opinion Pakistani rupee: a wayward currency Hard currencies like the US dollar, Euro, pound, are independent free floats, and their value contingent on demand... Published 27 Nov, 2023 06:13am
Editorials DOC meeting: it’s not money for nothing EDITORIAL: A Donors Coordination Committee (DOC) meeting was convened by the Caretaker Finance Minister with... Published 24 Nov, 2023 05:29am
Markets Open-market: rupee drifts higher against US dollar The Pakistani rupee closed higher against the US dollar in the open market on Thursday, while the local currency... Updated 23 Nov, 2023 05:53pm
Opinion Economy not out of the woods yet It is heartening to note that some of the recent developments are indeed reassuring as they make us less worried... Published 22 Nov, 2023 05:48am
Editorials SBP Vision 2028 EDITORIAL: It’s easy to lose one’s way in the complex and sometimes deliberately vague language of financial... Published 22 Nov, 2023 05:48am
Business & Finance Jul-Oct C/A deficit dips sharply KARACHI: The country’s current account deficit fell sharply 66 percent during the first four months of this fiscal... Published 21 Nov, 2023 06:01am
Editorials Inflation at a dangerous level EDITORIAL: Sensitive Price Index (SPI) for the week ending 16 November 2023 increased by 9.95 percent against a rise... Published 21 Nov, 2023 06:01am
Markets PKR ends losing streak KARACHI: The rupee snapped its losing streak as it closed the week 0.18% or Re0.53 higher in the inter-bank market... Published 20 Nov, 2023 06:28am
Editorials The IMF staff-level agreement EDITORIAL: Caretaker finance minister Shamshad Akhtar, together with Governor State Bank of Pakistan, successfully... Updated 20 Nov, 2023 07:07am
Print Multiple financing sources: Jul-Oct borrowing down $0.408m to $3.847bn YoY: EAD ISLAMABAD: The country borrowed $3.847 billion from multiple financing sources during the first four months... Updated 18 Nov, 2023 10:08am