www.brecorder.com Open in urlscan Pro
172.67.218.30  Public Scan

Form analysis
2 forms found in the DOM

GET https://www.brecorder.com/search

<form accept-charset="utf-8" class="form-vertical" method="GET" action="https://www.brecorder.com/search"> <input class="form-control" type="hidden" name="cx" value="6edf03d708607468f"> <input class="form-control" type="hidden" name="cof"
    value="FORID:10"> <input class="form-control" type="hidden" name="ie" value="UTF-8">
  <div class="form-group required"><input
      class="form-control block w-full -mb-px pl-8 py-1 border xborder-b-0 border-gray-200 leading-5 bg-white placeholder-gray-500 focus:outline-none focus:placeholder-gray-400 focus:border-blue-300 sm:text-sm transition duration-150 ease-in-out search-query"
      data-remember="false" placeholder="Search" required="" id="q" type="text" name="q"></div>
</form>

GET https://www.brecorder.com/search

<form accept-charset="utf-8" class="form-vertical" method="GET" action="https://www.brecorder.com/search"> <input class="form-control" type="hidden" name="cx" value="6edf03d708607468f"> <input class="form-control" type="hidden" name="cof"
    value="FORID:10"> <input class="form-control" type="hidden" name="ie" value="UTF-8">
  <div class="form-group required"><input
      class="form-control block w-full -mb-px pl-8 py-1 border xborder-b-0 border-gray-200 leading-5 bg-white placeholder-gray-500 focus:outline-none focus:placeholder-gray-400 focus:border-blue-300 sm:text-sm transition duration-150 ease-in-out search-query"
      data-remember="false" placeholder="Search" required="" id="q-2" type="text" name="q"></div>
</form>

Text Content

AGL 38.74 Increased By ▲ 0.18 (0.47%)
AIRLINK 214.50 Increased By ▲ 6.73 (3.24%)
BOP 10.08 Increased By ▲ 0.02 (0.2%)
CNERGY 6.78 Decreased By ▼ -0.30 (-4.24%)
DCL 9.70 Decreased By ▼ -0.29 (-2.9%)
DFML 40.60 Decreased By ▼ -0.54 (-1.31%)
DGKC 100.99 Decreased By ▼ -2.47 (-2.39%)
FCCL 36.00 Decreased By ▼ -0.35 (-0.96%)
FFBL 88.98 Decreased By ▼ -2.61 (-2.85%)
FFL 14.30 Decreased By ▼ -0.30 (-2.05%)
HUBC 136.52 Decreased By ▼ -2.91 (-2.09%)
HUMNL 14.08 Decreased By ▼ -0.02 (-0.14%)
KEL 5.83 Decreased By ▼ -0.14 (-2.35%)
KOSM 7.37 Decreased By ▼ -0.49 (-6.23%)
MLCF 46.55 Decreased By ▼ -0.73 (-1.54%)
NBP 66.38 Decreased By ▼ -7.38 (-10.01%)
OGDC 224.01 Increased By ▲ 1.35 (0.61%)
PAEL 38.82 Increased By ▲ 0.71 (1.86%)
PIBTL 9.03 Decreased By ▼ -0.24 (-2.59%)
PPL 201.70 Decreased By ▼ -4.15 (-2.02%)
PRL 41.47 Increased By ▲ 1.62 (4.07%)
PTC 26.39 Decreased By ▼ -0.23 (-0.86%)
SEARL 106.29 Decreased By ▼ -3.95 (-3.58%)
TELE 9.27 Increased By ▲ 0.04 (0.43%)
TOMCL 37.80 Decreased By ▼ -0.41 (-1.07%)
TPLP 14.36 Increased By ▲ 0.59 (4.28%)
TREET 26.05 Decreased By ▼ -0.40 (-1.51%)
TRG 59.60 Decreased By ▼ -0.94 (-1.55%)
UNITY 33.90 Decreased By ▼ -0.24 (-0.7%)
WTL 1.78 Decreased By ▼ -0.10 (-5.32%)
AGL 38.74 Increased By ▲ 0.18 (0.47%)
AIRLINK 214.50 Increased By ▲ 6.73 (3.24%)
BOP 10.08 Increased By ▲ 0.02 (0.2%)
CNERGY 6.78 Decreased By ▼ -0.30 (-4.24%)
DCL 9.70 Decreased By ▼ -0.29 (-2.9%)
DFML 40.60 Decreased By ▼ -0.54 (-1.31%)
DGKC 100.99 Decreased By ▼ -2.47 (-2.39%)
FCCL 36.00 Decreased By ▼ -0.35 (-0.96%)
FFBL 88.98 Decreased By ▼ -2.61 (-2.85%)
FFL 14.30 Decreased By ▼ -0.30 (-2.05%)
HUBC 136.52 Decreased By ▼ -2.91 (-2.09%)
HUMNL 14.08 Decreased By ▼ -0.02 (-0.14%)
KEL 5.83 Decreased By ▼ -0.14 (-2.35%)
KOSM 7.37 Decreased By ▼ -0.49 (-6.23%)
MLCF 46.55 Decreased By ▼ -0.73 (-1.54%)
NBP 66.38 Decreased By ▼ -7.38 (-10.01%)
OGDC 224.01 Increased By ▲ 1.35 (0.61%)
PAEL 38.82 Increased By ▲ 0.71 (1.86%)
PIBTL 9.03 Decreased By ▼ -0.24 (-2.59%)
PPL 201.70 Decreased By ▼ -4.15 (-2.02%)
PRL 41.47 Increased By ▲ 1.62 (4.07%)
PTC 26.39 Decreased By ▼ -0.23 (-0.86%)
SEARL 106.29 Decreased By ▼ -3.95 (-3.58%)
TELE 9.27 Increased By ▲ 0.04 (0.43%)
TOMCL 37.80 Decreased By ▼ -0.41 (-1.07%)
TPLP 14.36 Increased By ▲ 0.59 (4.28%)
TREET 26.05 Decreased By ▼ -0.40 (-1.51%)
TRG 59.60 Decreased By ▼ -0.94 (-1.55%)
UNITY 33.90 Decreased By ▼ -0.24 (-0.7%)
WTL 1.78 Decreased By ▼ -0.10 (-5.32%)
BR100 12,155 Decreased By -143.8 (-1.17%)
BR30 38,217 Decreased By -660.9 (-1.7%)
KSE100 113,259 Decreased By -1602.1 (-1.39%)
KSE30 35,667 Decreased By -529.5 (-1.46%)
اردو
Brecorder
Dec 18, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Home Latest BR Research Markets Business & Finance World Editorials Opinion MENA
Technology Life & Style Sports Perspectives Pakistan Supplements Print

Search

Editor's Picks
• PIA privatisation • Daily news briefing • Economic distress in Pakistan •
Budget 2024-25 • Pakistani rupee
Search

Home PIA privatisation Daily news briefing Economic distress in Pakistan Budget
2024-25 Pakistani rupee
Latest
BR Research
Markets Stocks Commodities Forex Mutual Funds Energy Financial Rates Paper
Grains Cotton & Textile Yarn Prices
Business & Finance Interest Rates Taxes Industry Money & Banking Companies
Tenders Budgets Real Estate
World Asia USA Europe China Africa Middle East South Asia
Editorials
Opinion
MENA
Technology
Life & Style
Sports
Perspectives
Pakistan
Supplements
Print

Print Print 2024-07-19


INTEREST PAYMENTS TO DEVOUR 62PC OF REVENUES: ADB

 * Forecasts public debt to decline by 7 percentage points to 70 percent of GDP
   in 2024–2025

Tahir Amin Published July 19, 2024
Facebook

Twitter

Whatsapp

Comments
 * 

15
Follow us


ISLAMABAD: Pakistan’s interest payments are expected to require a staggering 62
per cent of fiscal revenues, up from 41 per cent in 2022-23, says the Asian
Development Bank (ADB).

The bank in its “Asian Development Outlook” stated that in Pakistan, public debt
is forecast to decline by 7 percentage points to 70 per cent of GDP in
2024–2025. Still, interest payments are expected to require a staggering 62 per
cent of fiscal revenues, up from 41per cent in 2022-23.

The bank further stated that Pakistan also cut policy rates as inflation fell to
11.8 per cent in May, down from 38 per cent in the same period last year



ADB lists factors behind boost in remittance

South Asia is on course to largely achieve ADO April 2024 growth forecasts.
Downward revisions for GDP growth in Bangladesh and Maldives over the forecast
period are offset in 2024 by upward revisions for Bhutan, Nepal, and Pakistan,
leaving the region’s 2024 growth forecast unchanged at 6.3 per cent. The growth
forecast for 2025 is revised down marginally to 6.5 per cent.

The provisional government estimate of GDP growth in Pakistan for FY2024 (ending
30 June 2024) stood at 2.4 per cent, reflecting robust agricultural output due
to improved weather conditions and subsidized government credit, among other
factors.

Although the economic performance in Q1 2024 in Sri Lanka exceeded ADO April
2024 expectations, growth forecasts for 2024 and 2025 are retained as there
remain uncertainties as the election cycle begins in the latter half of the
year.

While Afghanistan’s economy is showing signs of recovery, the weak investment
climate, tight fiscal space, and waning international humanitarian and basic
needs support underlines its fragility. The inflation forecasts for South Asia
are nudged up to 7.1 per cent in 2024 and maintained at 5.8 per cent in 2025.

Although inflation forecasts of Bhutan, India, and Pakistan for FY2024 and
FY2025 remain the same as in ADO April 2024, the inflation projections for
Bangladesh and Maldives are now expected to be higher.

Copyright Business Recorder, 2024

Pakistan Economy inflation ADB Asian Development Bank gdp policy rates debts
interest payments South Asian Countries



COMMENTS

Comments are closed.

Popular Newest Oldest
Cool Jul 19, 2024 08:23am
All thanks to the great IMF
thumb_up Recommended (0)
KU Jul 19, 2024 10:13am
Well, does this situation merit nuisance existence of this govt? If this is not
a true picture of otherwise lies that govt tells us, than what is? They are not
concerned about the demise of nation.
thumb_up Recommended (1)
Chawla.i Jul 19, 2024 02:10pm
Pack up guys and let all ministers visit Afghanistan and see how they r managed
and maintain thier needs without having qualifications or degrees 1word only
patriotism and Loyalty to thier motherland
thumb_up Recommended (1)

Markets



SELLING PRESSURE RETURNS, KSE-100 DROPS MORE THAN 2,000 POINTS


INTEREST PAYMENTS TO DEVOUR 62PC OF REVENUES: ADB


INTEREST RATE CUT TO HELP STIMULATE ECONOMIC GROWTH: PM


PM SHEHBAZ LEAVES FOR EGYPT FOR ‘DEVELOPING EIGHT’ COUNTRIES SUMMIT


INTRA-DAY UPDATE: RUPEE REMAINS STABLE AGAINST US DOLLAR


AZMA DESCRIBES CM’S CHINA VISIT AS ‘TURNING POINT FOR PUNJAB’


PAKISTAN’S POWER GENERATION INCREASES IN NOVEMBER AS COST INCHES UP


ALEEMA SAYS IK MAY ASK EXPATS TO HALT REMITTANCES


CABINET GIVES THE GO-AHEAD TO ‘SINGAPORE CONVENTION’


SUGAR STOCK MONITORING BODY NOTIFIED


TARGET SET FOR ATTAINING 50/100 MBPS BROADBAND SPEED


CURIAL AGENDA ON TABLE AS ECC MEETS TOMORROW

READ MORE STORIES


 * Forex
 * World
 * Commodity

Currency Rate
USD PKR Interbank Selling / Dec 18
278.55

USD PKR Interbank Buying / Dec 18
278.25

USD to Japanese Yen / Dec 18
153.63

USD to Swiss Franc / Dec 18
0.89

Pound Sterling to USD / Dec 18
1.27

Euro to USD / Dec 18
1.05


Stock Volume
S&P 500 / Dec 17
6,050.61

Nasdaq / Dec 17
20,109.06

FTSE 100 / Dec 17
8,195.20

Dow Jones / Dec 17
43,449.90

Germany DAX 30 / Dec 17
20,246.37

France CAC40 / Dec 17
7,365.70

India Sensex / Dec 18
80,231.76

Tokyo Nikkei / Dec 18
39,081.71


Item Value
Gold 10 Grams PKR / Dec 17
241,860

Petrol/Litre / Dec 18
252.10

Crude Oil USD/Barrel / Dec 18
70.43

Karachi Cotton PKR/37.32 KG / Dec 18
17,585

Gold Spot USD/Ounce / Dec 18
2,644.54

Diesel/Litre / Dec 18
255.38


 * Gainers
 * Losers
 * Leaders

Stock Price
LSE Capital / Dec 18
LSE Capital Limited(LSECL)
6.70
▲ 1.00 (17.54%)
S.G.Power / Dec 18
S.G. Power Limited(SGPL)
9.17
▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18
Faran Sugar Mills Limited (R)(FRSMR)
9.43
▲ 1.00 (11.86%)
Aisha Steel Mill / Dec 18
Aisha Steel Mills Limited(ASL)
11.06
▲ 1.01 (10.05%)
Oilboy Energy / Dec 18
Oilboy Energy Limited(OBOY)
11.50
▲ 1.05 (10.05%)
Quetta Textile / Dec 18
Quetta Textile Mills Limited(QUET)
19.67
▲ 1.79 (10.01%)
Attock Cement / Dec 18
Attock Cement Pakistan Limited(ACPL)
259.27
▲ 23.57 (10.00%)
Data Agro / Dec 18
Data Agro Limited(DAAG)
139.24
▲ 12.66 (10.00%)
Diamond Ind. / Dec 18
Diamond Industries Limited(DIIL)
20.90
▲ 1.90 (10.00%)

Stock Price
Blue-Ex Ltd / Dec 18
Blue-Ex Limited (GEM)(GEMBLUEX)
37.76
▼ -4.20 (-10.01%)
National Bank / Dec 18
National Bank of Pakistan(NBP)
66.38
▼ -7.38 (-10.01%)
Din Tex. / Dec 18
Din Textile Mills Limited(DINT)
45.90
▼ -5.10 (-10.00%)
Dawood Lawrencepur / Dec 18
Dawood Lawrencepur Limited(DLL)
211.50
▼ -23.50 (-10.00%)
First Imrooz Mod. / Dec 18
First Imrooz Modaraba(FIMM)
180.01
▼ -19.99 (-10.00%)
Imperial Limited / Dec 18
Imperial Limited(IML)
20.16
▼ -2.24 (-10.00%)
J.A.Textile / Dec 18
J.A. Textile Mills Limited(JATM)
44.37
▼ -4.93 (-10.00%)
Mari Petroleum / Dec 18
Mari Petroleum Company Limited(MARI)
728.78
▼ -80.98 (-10.00%)
Bilal Fibres / Dec 18
Bilal Fibres Limited(BILF)
12.61
▼ -1.40 (-9.99%)

Stock Volume
WorldCall Telecom / Dec 18
Worldcall Telecom Limited(WTL)
151,921,663
▼ -0.11
Pak Elektron / Dec 18
Pak Elektron Limited(PAEL)
107,502,606
▲ 0.89
Cnergyico PK / Dec 18
Cnergyico PK Limited(CNERGY)
58,285,174
▼ -0.30
B.O.Punjab / Dec 18
The Bank of Punjab(BOP)
57,202,972
▲ 0.05
Pak Refinery / Dec 18
Pakistan Refinery Limited(PRL)
55,973,468
▲ 1.40
Sui South Gas / Dec 18
Sui Southern Gas Company Limited(SSGC)
42,923,281
▲ 2.79
PIA Holding Co.Ltd / Dec 18
PIA Holding Company Limited(PIAHCLA)
36,897,118
▲ 0.28
Hub Power Co. / Dec 18
The Hub Power Company Limited(HUBC)
33,289,968
▼ -2.48
Aisha Steel Mill / Dec 18
Aisha Steel Mills Limited(ASL)
31,924,152
▲ 1.01

Markets →


MOST POPULAR

 * Today
 * Yesterday
 * Past 3 Days


NJLI SARMAYA GROWTH FUND RATES


INTEREST RATE CUT TO HELP STIMULATE ECONOMIC GROWTH: PM


OGRA RECOMMENDS SIGNIFICANT HIKE IN GAS PRICES


TAX RATES CAN BE REDUCED IF REVENUE GENERATED EFFECTIVELY: FBR CHIEF


OGDC CONSIDERS DISCONNECTING CPPS NEXT MONTH


PSX RECORD RALLY: MORE PAKISTANI COMPANIES JOIN BILLION-DOLLAR CLUB


PAKISTAN RECORDS MASSIVE $729MN CURRENT ACCOUNT SURPLUS IN NOVEMBER 2024


TARGET SET FOR ATTAINING 50/100 MBPS BROADBAND SPEED


SELLING PRESSURE RETURNS, KSE-100 DROPS MORE THAN 2,000 POINTS


NJLI SARMAYA GROWTH FUND RATES


BACKING FBR OPERATIONALISATION: FEDERAL CABINET APPROVES SETTING UP OF ‘NTC’


PSX RECORD RALLY: MORE PAKISTANI COMPANIES JOIN BILLION-DOLLAR CLUB


PIA SELL-OFF: GOVT WILL HAVE TO OWN RS800BN IN LIABILITIES: ASIF


FIFTH SUCCESSIVE CUT: SBP REDUCES KEY POLICY RATE BY 200BPS, TAKES IT TO 13%


PAKISTAN RECORDS MASSIVE $729MN CURRENT ACCOUNT SURPLUS IN NOVEMBER 2024


SELLING PRESSURE AT PSX, KSE-100 SETTLES JUST BELOW 115,000


SOLAR PANELS FREE OF CHARGE: PROVINCIAL GOVTS’ MOVE LEAVES POLICYMAKERS
SCRAMBLING


RS1.8M GST CUTS ON SERVICES: FBR AND TOP CA FIRM AT LOGGERHEADS


FIFTH SUCCESSIVE CUT: SBP REDUCES KEY POLICY RATE BY 200BPS, TAKES IT TO 13%


NJLI SARMAYA GROWTH FUND RATES


PSX RECORD RALLY: MORE PAKISTANI COMPANIES JOIN BILLION-DOLLAR CLUB


BACKING FBR OPERATIONALISATION: FEDERAL CABINET APPROVES SETTING UP OF ‘NTC’


INVEST, BUT NOT FOR PROFIT


PIA SELL-OFF: GOVT WILL HAVE TO OWN RS800BN IN LIABILITIES: ASIF


PAKISTAN RECORDS MASSIVE $729MN CURRENT ACCOUNT SURPLUS IN NOVEMBER 2024


OGDCL REVIVES HEAVY OIL WELL IN PUNJAB, ENHANCES PRODUCTION CAPACITY


INTERVIEW WITH USMAN ASIF, CHIEF EXECUTIVE OFFICER, DEVSINC


 * Bullion Rate
 * Cotton
 * Currency
 * Exchange
 * Capital Growth
 * Libor
 * Mutual Funds
 * Kerb
 * Vegetable Oil
 * Grain
 * Fipi
 * Lipi
 * MTS Open Position
 * MFS Open Position
 * Kibor Rates
 * Libor Rates
 * PKRV Rates
 * NPB Rates
 * TFC Rates
 * UIN Wise Settlement
 * Future Open Interest
 * Karachi Bullion Rates
 * PMEX Rates

 * • Contact Us
 * • Terms & Conditions
 * • Privacy Policy
 * • Disclaimer
 * • Media Kit
 * • BR Markets
 * • Aaj TV
 * • Aaj English
 * • Aaj Entertainment

 * • Articles & Letters
 * • Market Rates
 * • Cotton & Textiles
 * • Taxation
 * • Fuel & Energy

 * • Industries & Sectors
 * • Money & Banking
 * • Tenders & Inquiries
 * • Yarn Prices
 * • Paper

 * • Grains
 * • Pakistan
 * • World
 * • Sports
 * • Technology

2024 © Business Recorder. All Rights Reserved.

⇧