News Highlight Thursday, May 2, 2024

Pakistan receives $1.1bn from IMF – Positive
https://epaper.brecorder.com/2024/05/01/1-page/991818-news.html

Govt urges WB to restructure $230m CLICK project – Neutral
https://epaper.brecorder.com/2024/05/02/1-page/991905-news.html

PM sets up panel to facilitate private sector team from KSA – Neutral
https://epaper.brecorder.com/2024/05/02/1-page/991902-news.html

SOEs privatization; PPP for exploring public-private partnerships – Neutral
https://epaper.brecorder.com/2024/05/02/12-page/991983-news.html

T-Bill yields hold flat as investors weigh rate outlook – Neutral
https://www.thenews.com.pk/print/1184029-t-bill-yields-hold-flat-as-investors-weigh-rate-outlook

9MFY24; Fiscal deficit recorded at Rs3.902trn – Neutral
https://epaper.brecorder.com/2024/05/01/1-page/991822-news.html

Growing pressure on expenditures; Higher mark-up payments behind challenge: MoF – Negative
https://epaper.brecorder.com/2024/05/01/1-page/991816-news.html

Collection falls short by Rs63bn in April – Negative
https://www.dawn.com/news/1830695/collection-falls-short-by-rs63bn-in-april

Petrol price slashed by Rs5.45, diesel’s by Rs8.42 – Neutral
https://epaper.brecorder.com/2024/05/01/1-page/991820-news.html

Ogra notifies 4.74pc cut in LPG consumer price – Neutral
https://epaper.brecorder.com/2024/05/01/2-page/991825-news.html

Govt seeks ministry input on refinery upgrade deadline extension – Neutral
https://www.thenews.com.pk/print/1184031-govt-seeks-ministry-input-on-refinery-upgrade-deadline-extension

Ministry directed to clear CPEC IPPs’ dues – Neutral
https://epaper.brecorder.com/2024/05/01/3-page/991829-news.html

IMCL announces plant closure – Neutral
https://www.thenews.com.pk/print/1184041-imcl-announces-plant-closure

Cement makers assail deteriorating law, order situation – Negative
https://epaper.brecorder.com/2024/05/02/12-page/991978-news.html

Disclosure of manufacturing/expiry dates on cement bags – Neutral
https://epaper.brecorder.com/2024/05/02/12-page/991985-news.html

Fertilizer companies seek three-day time to revisit urea price hike – Neutral
https://www.thenews.com.pk/print/1184158-fertilizer-companies-seek-three-day-time-to-revisit-urea-price-hike

TPL REIT Fund-I public subscription opens today – Neutral
https://epaper.brecorder.com/2024/05/02/12-page/991977-news.html

European company plans big investment in data centre – Neutral
https://tribune.com.pk/story/2464683/european-company-plans-big-investment-in-data-centre

HBL to inject Rs6bn in subsidiary – Neutral
https://www.dawn.com/news/1830694/hbl-to-inject-rs6bn-in-subsidiary

Pakistan’s Wheat Imports Expected to Rise, Says World Bank – Negative
https://propakistani.pk/2024/05/01/pakistans-wheat-imports-expected-to-rise-says-world-bank/

Pakistan requires key infrastructure to launch 5G – Neutral
https://tribune.com.pk/story/2464687/pakistan-requires-key-infrastructure-to-launch-5g

Bringing developers, builders into tax net; FBR fails to achieve desired results – Neutral
https://epaper.brecorder.com/2024/05/01/1-page/991817-news.html

FBR issues list to PTA; SIMs of 506,671 IT non-filers to be blocked – Neutral
https://epaper.brecorder.com/2024/05/01/10-page/991887-news.html

High-level US delegation discusses various issues
https://epaper.brecorder.com/2024/05/01/1-page/991815-news.html

‘No evidence that cipher was in Imran’s custody’
https://www.dawn.com/news/1830687/no-evidence-that-cipher-was-in-imrans-custody

Oil falls to 7-week low on surprise US storage build, Middle East hopes
https://www.reuters.com/business/energy/oil-falls-third-day-us-crude-inventories-swell-2024-05-01/