Trends - Shaukat Tarin - Business Recorder

Shaukat Tarin

Tarin defends existing 3.94pc growth rate, says economy to expand by 5pc next year

He said that innovative substitutes would be introduced to achieve the revenue targets, by providing different incentives and facilities, besides broadening the tax base.

Published 23 May, 2021 06:57pm

Pakistan

Remittances increasing due to govt’s positive policies: PBIF chief

KARACHI: Chairman of National Business Group Pakistan and President Pakistan Businessmen and Intellectuals Forum...

Published 23 May, 2021 03:06am

Ex-officio members: MoF asked to review nominations/appointments on PSEs’ boards

ISLAMABAD: The Federal Cabinet has directed the Ministry of Finance to review nominations/appointments of ex-officio...

Published 23 May, 2021 03:06am

Strong growth despite tough IMF programme: Tarin

ISLAMABAD: Federal Minister for Finance Shaukat Tarin, on Saturday, said Pakistan has witnessed strong growth ...

Published 23 May, 2021 03:06am

Opinion

Perhaps the last chance

Prime Minister Imran Khan this week again said that the appointment of Shaukat Tarin as finance minister is aimed at...

Published 22 May, 2021 04:05am

Markets

Volume of business slow on cotton market

KARACHI: The local cotton market on Friday witnessed sluggish trend. Market sources said that trading volume ...

Published 22 May, 2021 04:05am

Collateral-free lending to SMEs approved by ECC

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved collateral-free lending of Rs60...

Published 22 May, 2021 04:05am

PPL, OGDCL: Divestment of shares deferred by CCoP

ISLAMABAD: A meeting of the Cabinet Committee on Privatization (CCoP) has deferred divestment of government shares ...

Published 22 May, 2021 04:05am

Jobs, home financing for poor: PM asks Tarin to prepare plan

ISLAMABAD: Prime Minister Imran Khan has assigned Finance Minister Shaukat Tarin responsibility to prepare and...

Published 21 May, 2021 05:04am

Tarin’s approach to Budget FY22 ‘Well thought out’ tax reforms

ISLAMABAD: Finance Minister, Shaukat Tarin has said that “well thought out” tax reforms would be included in the...

Published 20 May, 2021 04:26am

Editorials

Stats, too, are sacred

EDITORIAL: Shortly after taking oath as the Khan administration’s fourth finance minister on 16 April 2021,...

Published 20 May, 2021 04:26am

Pakistan

Economists suggest bringing discount rate, interest rate to 5pc

ISLAMABAD: Economists at a webinar have suggested to the government to bring down discount rate to five percent by...

Updated 19 May, 2021 10:13am

ECC to take up 9 proposals of ministries, divisions today

ISLAMABAD: A meeting of Economic Coordination Committee (ECC) of the Cabinet being held Wednesday (May 19) will take...

Published 19 May, 2021 06:00am

CCoP to examine PC’s proposal on Discos

ISLAMABAD: The Cabinet Committee on Privatisation (CCoP), which is scheduled to meet on Wednesday (today), will...

Published 19 May, 2021 06:00am

Tarin calls for interest-free agri loans

ISLAMABAD: Federal Minister for Finance and Revenue Shaukat Tarin underlined the need to boost farm productivity by...

Published 19 May, 2021 06:00am

Editorials

‘All is well’

EDITORIAL: Prime Minister Imran Khan was reportedly briefed by his economic team that in spite of the continuing...

Published 19 May, 2021 06:00am

Pakistan

Tarin for curtailing middleman’s role to enhance farmers’ returns by 40pc

The role of middleman was also discussed during the meeting who makes money at the expense of farmers particularly with small and marginal land holdings.

Published 18 May, 2021 10:52pm

Ecnec reconstituted; Tarin replaces Hafeez as chairman

ISLAMABAD: The government has reconstituted the Executive Committee of the National Economic Council (Ecnec) and...

Published 18 May, 2021 05:05am

Opinion

Tarin’s plan falls short of needed reform approach — I

‘In this context, ‘moonshot’ thinking is about setting targets that are ambitious but also inspirational, able...

Published 16 May, 2021 04:26am

Opinion

Finance minister Tarin working harder

It is heartening to learn that the government has successfully devised a strategy to move towards sustainable...

Published 12 May, 2021 04:23am

PM says Tarin’s appointment aimed at boosting growth, containing inflation

• ‘Our government saved the economy in the midst of pandemic’ • Financial assistance from Saudi Arabia,...

Published 12 May, 2021 04:23am

Ministry to submit wheat import plan to ECC after Eid

ISLAMABAD: The Ministry of National Food Security and Research (MNFS&R) is to submit plan to import 0.4 million...

Published 12 May, 2021 04:23am

‘PSDP Plus’plan seeks active private sector participation

ISLAMABAD: Prime Minister Imran Khan Monday stressed upon active participation of the private sector in the ...

Published 11 May, 2021 04:39am

Tarin explains impact of spike in global food prices

ISLAMABAD: Finance Minister Shaukat Tarin on Monday said that cartelization is not acceptable at any cost and stern...

Published 11 May, 2021 04:39am

Business & Finance

Moving towards growth mode, Pakistan to spend $6bn on development

“That’s the bare minimum we need for a country this size,” said Tarin, who will be presenting a new budget in June.

Published 10 May, 2021 12:46pm

Pakistan

Electricity price further increased: PPP slams govt for ‘storm of inflation’ due to IMF strict conditions

ISLAMABAD: Pakistan Peoples Party (PPP) said that strict conditions were set by the International Monetary Fund ...

Updated 09 May, 2021 10:31am

Pakistan

UNISAME expresses faith in Tarin's comprehension of sector requirements

ISLAMABAD: The Union of Small and Medium Enterprises (UNISAME) has expressed full faith on Finance Minister Shaukat...

Published 09 May, 2021 03:20am

Opinion

Energy puzzle

The macroeconomic focus is clearly transitioning to growth. To make it sustainable, the energy sector puzzle needs ...

Updated 09 May, 2021 10:47am

Pakistan

Federal govt to boost development expenditure by 40pc to Rs 900bn in FY22: Tarin

Tarin said he expected the deficit in the next fiscal to be 1 or 1.5 percentage points lower.

Published 08 May, 2021 06:34pm

PM for inclusion of new uplift projects in FY22 PSDP

ISLAMABAD: While setting priorities for next fiscal year public sector development programme, Prime Minister Imran...

Published 08 May, 2021 03:30am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 24	278.59
USD PKR Interbank Buying / Apr 24	278.39
USD to Japanese Yen / Apr 24	155.21
USD to Swiss Franc / Apr 24	0.91
Pound Sterling to USD / Apr 24	1.25
Euro to USD / Apr 24	1.07

Stock	Volume
S&P 500 / Apr 24	5070.63
India Sensex / Apr 24	73852.94
Tokyo Nikkei / Apr 24	38460.08
Nasdaq / Apr 24	15712.75
Hang Seng / Apr 24	17201.27
FTSE 100 / Apr 24	8040.38
Dow Jones / Apr 24	38460.92
Germany DAX 30 / Apr 24	18088.70

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Crude Oil USD/Barrel / Apr 24	82.83
Gold Spot USD/Ounce / Apr 24	2318.17
Cotton US¢/pound / Apr 24	81.01
Petrol/Litre / Apr 25	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 25 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 25 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 25 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 25 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 25 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 25 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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Shaukat Tarin

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