News Highlight Monday, June 10, 2024

Talks with IMF end without agreement – Negative
https://tribune.com.pk/story/2470510/talks-with-imf-end-without-agreement

IMF programme, investment & debt issues; US dispatching team to evaluate situation – Neutral
https://epaper.brecorder.com/2024/06/09/1-page/995135-news.html

IMF suggests national council to harmonise taxes between centre, provinces – Neutral
https://www.thenews.com.pk/print/1198487-imf-suggests-national-council-to-harmonise-taxes-between-centre-provinces

Pakistan, China ink 23 MoUs – Positive
https://epaper.brecorder.com/2024/06/08/1-page/995063-news.html

May 2024: country gets highest-ever remittances – Positive
https://epaper.brecorder.com/2024/06/08/1-page/995057-news.html

FY24 exports likely to register over 10pc growth YoY – Positive
https://epaper.brecorder.com/2024/06/09/1-page/995140-news.html

Jul-Apr govt debt stock up 8.6pc to Rs66.08trn YoY – Negative
https://www.brecorder.com/news/40307490/jul-apr-govt-debt-stock-up-86pc-to-rs6608trn-yoy

IMF gets BISP allocation at Rs593 billion – Neutral
https://tribune.com.pk/story/2470548/imf-gets-bisp-allocation-at-rs593-billion

FD agrees to provide Rs1.2trn for FY25 PSDP – Neutral
https://epaper.brecorder.com/2024/06/08/1-page/995058-news.html

Central bank expected to make modest rate cut – Neutral
https://tribune.com.pk/story/2470512/central-bank-expected-to-make-modest-rate-cut

Mining, oil and gas; Pakistan, China agree to strengthen cooperation – Positive
https://epaper.brecorder.com/2024/06/10/1-page/995199-news.html

Local refineries urge PR to use domestic diesel – Negative
https://epaper.brecorder.com/2024/06/10/3-page/995221-news.html

Hike in petroleum levy from Rs60 to Rs80 per litre suggested – Negative
https://www.thenews.com.pk/print/1198499-to-rein-in-rs2-9tr-circular-debt-in-gas-sector-hike-in-petroleum-levy-from-rs60-to-rs80-per-litre-suggested\

Ogra allows three refineries to export HSFO in June, July – Neutral
https://epaper.brecorder.com/2024/06/08/9-page/995122-news.html

Oil industry asks COAS, SIFC to help recover over Rs91bn dues – Neutral
https://www.thenews.com.pk/print/1198155-oil-industry-asks-coas-sifc-to-help-recover-over-rs91bn-dues

Coal supply to Lucky plant; Leghari moves Murad as SECMC fails to honour commitments – Neutral
https://epaper.brecorder.com/2024/06/09/1-page/995129-news.html

Nepra seeks public input on power distribution deal – Neutral
https://www.thenews.com.pk/print/1198381-nepra-seeks-public-input-on-power-distribution-deal

Karachi citizens to pay inflated power bills from June to Sept – Neutral
https://www.thenews.com.pk/print/1198154-karachi-citizens-to-pay-inflated-power-bills-from-june-to-sept

KE issues stern warning to Sindh govt over dues – Neutral
https://epaper.brecorder.com/2024/06/10/1-page/995203-news.html

Massive installation of solar systems; Govt facing an impossible situation? – Neutral
https://epaper.brecorder.com/2024/06/10/1-page/995201-news.html

Meeting with POWERCHINA chief; PM briefed about clean, low-carbon energy prospects – Neutral
https://epaper.brecorder.com/2024/06/09/1-page/995138-news.html

Solar Panel Prices Increase in Pakistan Just Days Before Budget Presentation – Neutral
https://propakistani.pk/2024/06/09/solar-panel-prices-increase-in-pakistan-just-days-before-budget-presentation/

Curbs on used car imports on cards, claims assembler = Neutral
https://www.dawn.com/news/1838755/curbs-on-used-car-imports-on-cards-claims-assembler

Port of Mombasa; Kenya authorises release of 1,300 containers of rice – Neutral
https://epaper.brecorder.com/2024/06/08/9-page/995125-news.html

Chinese CZK Huarui Group to invest in Pakistan – Positive
https://epaper.brecorder.com/2024/06/09/1-page/995137-news.html

Govt mulls 2.5% tax on retailers – Positive
https://tribune.com.pk/story/2470374/govt-mulls-25-tax-on-retailers

PIA blamed for violation of loan conditions – Neutral
https://tribune.com.pk/story/2470379/pia-blamed-for-violation-of-loan-conditions

Rise in tax on import of cell phones likely – Neutral
https://epaper.brecorder.com/2024/06/10/1-page/995200-news.html

Exports to US, China flat at $7.2bn in 11 months – Neutral
https://www.thenews.com.pk/print/1198379-exports-to-us-china-flat-at-7-2bn-in-11-months

Punjab, Sindh propose Rs1.463trn ADPs for FY25 – Neutral
https://epaper.brecorder.com/2024/06/09/1-page/995141-news.html

MoU on railways signed with Russia – Neutral
https://tribune.com.pk/story/2470385/mou-on-railways-signed-with-russia

Govt didn’t tell PPP ‘anything’ about budget: Khurshid Shah
https://www.thenews.com.pk/latest/1198548-govt-didnt-tell-ppp-anything-about-budget-khurshid-shah

Oil slips on dollar’s strength from US jobs data
https://www.reuters.com/markets/commodities/oil-slips-dollars-strength-us-jobs-data-2024-06-10/