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PRR project: World Bank approves additional $70m credit

ISLAMABAD: The World Bank has approved an additional $70 million credit for the Pakistan Raises Revenue (PRR) ...

Published 14 Jun, 2025 06:04am

Budget 2025-26

Aurangzeb tells Senate body: Govt plans foreclosure laws to boost housing finance

ISLAMABAD: In a diplomatic embarrassment for India again, this time the World Bank Board approved $700 million for...

Published 14 Jun, 2025 06:04am

World

US, China reach deal to ease export curbs, keep tariff truce alive

LONDON: US and Chinese officials said on Tuesday they had agreed on a framework to put their trade truce back on...

Published 11 Jun, 2025 11:54am

Business & Finance

World Bank projects 3.1pc GDP growth rate for Pakistan

ISLAMABAD: The World Bank has projected GDP growth rate for Pakistan at 3.1 per cent for the next fiscal year 2026...

Updated 11 Jun, 2025 11:08am

World

World Bank slashes global growth forecast as trade tensions bite

WASHINGTON: The World Bank on Tuesday slashed its global growth forecast for 2025 by 0.4 percentage point to 2.3%,...

Published 10 Jun, 2025 07:01pm

Pakistan’s threshold: World Bank fixes new poverty lines at $4.20/person/ day

ISLAMABAD: The new poverty lines for Pakistan — a lower middle-income country, set at $4.20/person/day up from...

Updated 06 Jun, 2025 07:40pm

DDT scheme has small positive impact on textile exports: World Bank

ISLAMABAD: Pakistan’s Duty Drawback of Taxes (DDT) scheme had a small positive impact on aggregate textile exports,...

Updated 05 Jun, 2025 08:44am

Govt urges World Bank to restructure KWSSIP

ISLAMABAD: The government has requested the World Bank for restructuring of Karachi Water and Sewerage Services...

Updated 03 Jun, 2025 09:06am

PHCIP implementation rate termed moderately unsatisfactory

ISLAMABAD: The World Bank (WB) has rated the Punjab Human Capital Investment Project (PHCIP) implementation...

Updated 01 Jun, 2025 11:09am

Pakistan

Punjab govt, World Bank agree to boost partnership

LAHORE: Chief Minister Punjab Maryam Nawaz Sharif met Country Director World Bank Najy Benhassine in which it was...

Published 31 May, 2025 05:56am

Aurangzeb praises World Bank’s valuable contributions to Pakistan

ISLAMABAD: Federal Minister for Finance and Revenue Muhammad Aurangzeb, on Friday, met with the World Bank Pakistan...

Updated 31 May, 2025 03:29pm

Wage employment, entrepreneurship: Pakistan faces significant gender gaps: World Bank

ISLAMABAD: Pakistan faces significant gender gaps in wage employment, entrepreneurship, and access to productive...

Updated 31 May, 2025 04:42pm

Business & Finance

Ahsan vows to deepen cooperation with World Bank

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal has reaffirmed ...

Published 29 May, 2025 05:55am

Pakistan

New World Bank country director calls on Cheema

ISLAMABAD: The newly-appointed Country Director of the World Bank, Bolormaa Amgaabazar, called on Federal Minister...

Updated 28 May, 2025 08:00am

Business & Finance

World Bank cuts Kenya’s 2025 growth forecast as private sector squeezed

NAIROBI: The World Bank has cut Kenya’s growth forecast for this year by half a point from its initial prediction to...

Published 27 May, 2025 11:22am

Editorials

Reforms key to recovery

EDITORIAL: Anna Bjerd, World Bank Managing Director for Operations, after the conclusion of her two-day visit to...

Published 27 May, 2025 03:05am

Business & investment: Shift to higher tariffs restricts exports growth for Pakistan: WB

ISLAMABAD: In an already challenging business and investment climate —characterised by a misaligned exchange rate...

Updated 27 May, 2025 09:54am

Editorials

Taxation system needs fundamental reform

EDITORIAL: Reportedly, the World Bank (WB) deferred the approval of additional International Development Association...

Published 26 May, 2025 05:56am

Reforms key to recovery, poverty reduction for Pakistan: World Bank

ISLAMABAD: Pakistan’s path to sustainable economic recovery and poverty alleviation rests on comprehensive reforms...

Updated 25 May, 2025 11:54am

Pakistan

Flood rehabilitation housing project: Aseefa, World Bank MD distribute ownership rights certificates to women homeowners

HYDERABAD: Anna Bejerde, Managing Director of the World Bank, accompanied by First Lady Aseefa Bhutto Zardari, Sindh...

Published 24 May, 2025 06:21am

Editorials

Austerity for people, exceptions for state

EDITORIAL: In a country where every budget cycle tightens the noose on the ordinary citizen, the procurement of 179...

Updated 24 May, 2025 08:30am

Markets

India to push for international financial measures against Pakistan, source says

NEW DELHI:- India will push the Financial Action Task Force (FATF), a global financial crime watchdog, to add...

Updated 23 May, 2025 10:36pm

Business & Finance

New CPF: Pakistan, World Bank agree to develop implementation framework

ISLAMABAD: Pakistan and the World Bank agreed to swiftly develop an implementation framework for effective...

Updated 23 May, 2025 08:29am

Business & Finance

Awais shares power sector reforms, plans with World Bank

ISLAMABAD: Federal Minister for Power, Sardar Awais Ahmad Khan Leghari on Thursday shared power sector reforms and...

Published 23 May, 2025 06:13am

Pakistan discusses priority areas under CPF with World Bank team

Both parties recognise Country Partnership Framework as a critical tool for advancing sustainable development

Updated 23 May, 2025 02:16pm

Pakistan’s economic turnaround wins global recognition: World Bank

ISLAMABAD: Pakistan’s recent economic turnaround is being seen as a “globally recognised model” of reform, World...

Updated 23 May, 2025 08:48am

Water wars looming? Indus crisis and South Asian stability

Opinion

Pakistan is a good story

Pakistan, which seems to be under the euphoria of having its economic recovery termed a ‘good story’ by...

Updated 17 May, 2025 07:43am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 13	283
USD PKR Interbank Buying / Jun 13	282.75
USD to Japanese Yen / Jun 13	143.75
USD to Swiss Franc / Jun 13	0.81
Pound Sterling to USD / Jun 13	1.36
Euro to USD / Jun 13	1.15
UK LIBOR % / Jun 12	4.96

Stock	Volume
S&P 500 / Jun 12	6,045.26
Nasdaq / Jun 12	19,662.48
Dow Jones / Jun 12	42,967.62
India Sensex / Jun 13	81,216.80
Tokyo Nikkei / Jun 13	37,834.25
Hang Seng / Jun 13	23,892.56
FTSE 100 / Jun 13	8,839.41
Germany DAX 30 / Jun 13	23,434.96
France CAC40 / Jun 13	7,687.50

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 12	16,485
Gold 10 Grams PKR / Jun 12	305,984
Crude Oil USD/Barrel / Jun 13	72.11
Gold Spot USD/Ounce / Jun 13	3,421.89
Cotton US¢/pound / Jun 13	67.63
Petrol/Litre / Jun 14	253.63
Diesel/Litre / Jun 14	254.64

Gainers
Losers
Leaders

Stock	Price
Pervez Ahmed Consultancy / Jun 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	2.93 ▲ 1 (51.81%)
Ist.Capital Sec / Jun 13 First Capital Securities Corporation(FCSC)	3.02 ▲ 0.9 (42.45%)
First Prudential Mod. / Jun 13 First Prudential Modaraba(PMI)	3.39 ▲ 1 (41.84%)
Media Times Ltd / Jun 13 Media Times Limited(MDTL)	2.74 ▲ 0.61 (28.64%)
Invest Bank / Jun 13 Invest Capital Investment Bank Limited(ICIBL)	7.11 ▲ 1 (16.37%)
First Dawood Prop. / Jun 13 First Dawood Properties Limited(FDPL)	3.65 ▲ 0.45 (14.06%)
Unicap Modaraba / Jun 13 Unicap Modaraba(UCAPM)	3.52 ▲ 0.35 (11.04%)
D.S. Ind. Ltd. / Jun 13 D.S. Industries Limited(DSIL)	5.70 ▲ 0.54 (10.47%)
Gulshan Sp. / Jun 13 Gulshan Spinning Mills Limited(GSPM)	4.13 ▲ 0.38 (10.13%)
Ashfaq Textile / Jun 13 Ashfaq Textile Mills Limited(ASHT)	25.70 ▲ 2.34 (10.02%)

Stock	Price
Tariq Corp.Pref. / Jun 13 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7.95 ▼ -0.97 (-10.87%)
First Elite Cap.Mod / Jun 13 First Elite Capital Modaraba(FECM)	37.98 ▼ -4.22 (-10%)
PIA Holding Co.B / Jun 13 PIA Holding Company Limited B(PIAHCLB)	18,889.10 ▼ -2098.79 (-10%)
Khyber Textile / Jun 13 Khyber Textile Mills Limited(KHYT)	1,794.55 ▼ -199.39 (-10%)
Fateh Ind. / Jun 13 Fateh Industries Limited(FIL)	119.55 ▼ -13.28 (-10%)
Hala Enterprise / Jun 13 Hala Enterprises Limited(HAEL)	30.53 ▼ -3.39 (-9.99%)
Reliance Weaving / Jun 13 Reliance Weaving Mills Limited(REWM)	123.76 ▼ -13.74 (-9.99%)
Blue-Ex Ltd / Jun 13 Blue-Ex Limited (GEM)(GEMBLUEX)	59.14 ▼ -6.46 (-9.85%)
Tri-Star Mutual / Jun 13 Tri-Star Mutual Fund Limited(TSMF)	7.67 ▼ -0.83 (-9.76%)
Hafiz Ltd. / Jun 13 Hafiz Limited(HAFL)	273 ▼ -28 (-9.3%)

Stock	Volume
Pervez Ahmed Consultancy / Jun 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	116,570,487 ▲ 1
WorldCall Telecom / Jun 13 Worldcall Telecom Limited(WTL)	86,654,041 ▲ 0.08
Ist.Capital Sec / Jun 13 First Capital Securities Corporation(FCSC)	72,368,767 ▲ 0.9
PIA Holding Co.Ltd / Jun 13 PIA Holding Company Limited(PIAHCLA)	27,891,113 ▲ 0.76
B.O.Punjab / Jun 13 The Bank of Punjab(BOP)	26,329,771 ▼ -0.26
Media Times Ltd / Jun 13 Media Times Limited(MDTL)	24,472,029 ▲ 0.61
Cnergyico PK / Jun 13 Cnergyico PK Limited(CNERGY)	24,435,209 ▼ -0.37
Kohinoor Spining / Jun 13 Kohinoor Spinning Mills Limited(KOSM)	24,359,706 ▲ 0.17
First Prudential Mod. / Jun 13 First Prudential Modaraba(PMI)	22,960,384 ▲ 1
K-Electric Ltd. / Jun 13 K-Electric Limited(KEL)	19,416,645 ▼ -0.14

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