The disbursement of the fourth tranche of $1.2 billion by the IMF either on Dec 28 or 29 will help achieve the boost.
Full Story
TOP STORIES
-
SBP extends waiver to facilitate exporters
The waiver to avail financing under the Export Finance Scheme has been extended for another 180 days. -
High prices dampen demand for Haleem items
Shopkeepers said that the arrival of buyers for purchasing complete items for Haleem package fell by 40-50 per cent. -
FBR revenue falls short by Rs22.6bn in July-Nov
Income tax collections fell short by Rs17.4bn and there was a shortfall of Rs5.2bn in sales tax and FED collection. -
Poultry rates go up on surging demand
Meat of live bird is now being sold at Rs180 per kg as compared to Rs160 per kg three days back. -
Stocks add 120 points on $1.2bn IMF tranche
The market’s buoyant mood was well-reflected in the sharp rise in the KSE 100-share, which closed at 9,422.23.
MORE TOP STORIES
HIGHLIGHTS
-
Non-payment of refunds, rebate hurt exports
Exporters struggle to meet their export commitments due to a liquidity crunch. -
New IMF tranche
Release of a $1.2bn loan tranche by IMF means the government’s stabilisation policies are taking effect. -
Judicial activism?
Pursuing loan write-offs and write-downs may achieve more harm than good by curbing growth. -
Credit where it’s due
In the wake of the devastation of the tribal areas, the SBP’s agri-credit programme is essential. -
Electricity woes
The debate centers around adding generation capacity, ignoring the grid and the ability to pay for power.
WEATHER - PAKISTAN
Cities
UNCERTAINTY PERSISTS
Despite signs of recovery, the political and security situation remains challenging and economic reforms are unpopular.
LOAN WRITE-OFFS
Non-performing loans of banks, after showing some let-up in the first quarter, again increased in the second quarter.
POLICY ABUSE
A breach of regulations has been found in the procurement of a $22m compression system for the Qadirpur gas field.
DUBAI WORLD FALLOUT
The high inflows currently boosting South Asian economies may taper off in the event of a prolonged global recession.
IMF CONDITIONS
No funds were released to the programmes in the first quarter of the current fiscal year owing to financial constraints.
NRO NO MORE
‘The country is heading towards a positive direction in view of accountability, justice and things [are] improving.’



