News Highlights Thursday, May 23, 2024

Pakistan authorities told: Bailout deal to come after approval of IMF-dictated budget – Neutral
https://www.thenews.com.pk/print/1192256-pakistan-authorities-told-bailout-deal-to-come-after-approval-of-imf-dictated-budget

Govt, WB working on new CPF programme – Neutral
https://epaper.brecorder.com/2024/05/23/1-page/993657-news.html

Investment-GDP ratio falls to lowest since FY1973 – Negative
https://www.thenews.com.pk/print/1192250-investment-gdp-ratio-falls-to-lowest-since-fy1973

GDP size, per capita income rise in FY24 – Neutral
https://www.dawn.com/news/1835129/gdp-size-per-capita-income-rise-in-fy24

Govt raises Rs97bn via auction for PIBs – Neutral
https://epaper.brecorder.com/2024/05/23/1-page/993655-news.html

Mid-year review; 77pc borrowing for financing fiscal deficit thru domestic sources: MoF – Neutral
https://epaper.brecorder.com/2024/05/23/1-page/993654-news.html

Chinese companies keen to invest in PRL’s upgrade, expansion – Neutral
https://www.dawn.com/news/1835126/chinese-companies-keen-to-invest-in-prls-upgrade-expansion

Power shortfall reaches over 5,800MW as country sizzles – Negative
https://tribune.com.pk/story/2467828/power-shortfall-reaches-over-5800mw-as-country-sizzles

Power generation drops 13.7% YoY in April 2024 – Negative
https://mettisglobal.news/power-generation-drops-13-7-yoy-in-april-2024/

ECC likely to approve Rs 2.217bn grant for Jiwani-Gwadar power project – Neutral
https://profit.pakistantoday.com.pk/2024/05/22/ecc-likely-to-approve-rs-2-217bn-grant-for-jiwani-gwadar-power-project/

Fertiliser makers seek refund or free solution as TTS falters – Neutral
https://www.thenews.com.pk/print/1192089-fertiliser-makers-seek-refund-or-free-solution-as-tts-falters

Bidding process for PIA to be aired live: Aleem – Neutral
https://epaper.brecorder.com/2024/05/23/1-page/993653-news.html

No super tax payable on income falling under FTR: Karachi ATIR – Neutral
https://epaper.brecorder.com/2024/05/23/12-page/993739-news.html

Over 9,000 non-filers Sims blocked on FBR’s orders – Negative
https://www.thenews.com.pk/print/1192261-over-9-000-non-filers-sims-blocked-on-fbr-s-orders

Pakistan facing surge in terrorism from Afghanistan: ISPR
https://www.thenews.com.pk/print/1192258-pakistan-facing-surge-in-terrorism-from-afghanistan-ispr

Fazl seeks guarantees from PTI to join opposition alliance
https://tribune.com.pk/story/2467833/fazl-seeks-guarantees-from-pti-to-join-opposition-alliance

Oil prices fall on worries of higher US interest rates
https://www.reuters.com/business/energy/oil-prices-fall-worries-higher-us-interest-rates-2024-05-23/#:~:text=May%2023%20(Reuters)%20%2D%20Oil,a%20barrel%20at%200004%20GMT.