FBR faces over Rs100bn revenue shortfall in August

03:15
September 1, 2024
MG

September 01, 2024 (MLN): The Federal Board of Revenue (FBR) is facing a revenue shortfall of over Rs100 billion for August, sources close to the matter revealed.

According to details, the revenue board has a target to collect Rs898bn, but as of August 30, with just one day remaining, it managed to collect only Rs790bn.

This reflects a massive shortfall of Rs108bn, which could complicate the approval of the $7bn loan tranche by the IMF Executive Board, a much-needed and highly anticipated loan for the country.

Sources further revealed that if the shortfall is not met, the government may be advised to introduce a mini-budget.

Additionally, the Prime Minister has requested a report on the shortfall from the Finance Minister and the Chairman of the FBR.

Copyright Mettis Link News

Posted on: 2024-09-01T03:08:49+05:00

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.10000	278.30000	278.30000	278.10000	05:16 PM
2	EUR	1.11340	1.11343	1.11343	1.11340	04:29 AM
3	GBP	1.32096	1.32101	1.32101	1.32096	04:29 AM
4	CHF	0.84322	0.84329	0.84329	0.84322	04:29 AM
5	JPY	140.56200	140.57400	140.57400	140.56600	04:29 AM
6	CAD	1.35860	1.35910	1.35910	1.35860	04:28 AM
7	AUD	0.67582	0.67584	0.67584	0.67582	04:29 AM
8	INR	83.76540	83.77000	83.77000	83.76540	04:29 AM
9	SAR	3.75310	3.75350	3.75350	3.75310	01:28 PM
10	AED	3.67270	3.67310	3.67310	3.67270	01:28 PM
11	HKD	7.79062	7.79079	7.79079	7.79062	04:29 AM
12	CNH	7.09728	7.09750	7.09750	7.09728	04:29 AM
13	CNY	7.09300	7.09440	7.09440	7.09300	08:51 PM
14	THB	33.23200	33.25600	33.25600	33.23200	04:29 AM
15	MYR	4.27300	4.27800	4.27800	4.27300	03:58 AM
16	IDR	15,322.00000	15,336.00000	15,336.00000	15,322.00000	04:28 AM
17	SGD	1.29392	1.29400	1.29400	1.29392	04:29 AM
18	NZD	0.62033	0.62038	0.62038	0.62033	04:28 AM
19	MXN	19.26470	19.26960	19.26965	19.26465	04:29 AM
20	TRY	34.03850	34.04850	34.04850	34.03850	04:29 AM
21	SEK	10.15830	10.16080	10.16072	10.15878	04:29 AM
22	ZAR	17.63400	17.63970	17.63970	17.63400	04:29 AM
23	NOK	10.57560	10.57840	10.57780	10.57555	04:29 AM
24	DKK	6.70190	6.70290	6.70290	6.70190	04:28 AM
25	ARS	960.50400	960.51400	960.51370	960.50370	04:28 AM
26	BDT	117.86600	121.10200	121.10234	117.86599	12:42 AM
27	BHD	0.37688	0.37693	0.37693	0.37688	01:28 PM
28	BRL	5.50280	5.50580	5.50580	5.50280	04:27 AM
29	KRW	1,317.20000	1,318.00000	1,318.00000	1,317.20000	04:28 AM
30	KWD	0.30481	0.30491	0.30491	0.30481	01:28 PM
31	LKR	298.82400	305.11700	305.11705	298.82412	12:42 AM
32	OMR	0.38500	0.38505	0.38505	0.38500	01:23 PM
33	QAR	3.64500	3.64650	3.64650	3.64500	01:28 PM
34	RUB	91.37260	91.38070	91.38069	91.37260	04:28 AM
35	AFN	68.58390	70.38190	70.38189	68.58391	12:42 AM
36	AZN	1.70000	1.70000	1.70000	1.70000	06:35 AM
37	TMT	3.35000	3.65000	3.65000	3.35000	08:00 PM
38	MVR	15.26000	15.46000	15.46000	15.26000	08:00 PM
39	UZS	12,716.10000	12,779.10000	12,779.07881	12,716.14982	12:42 AM
40	PHP	55.62700	55.65900	55.65900	55.62700	04:28 AM
42	NGN	1,638.57000	1,639.57000	1,639.57000	1,638.57000	04:27 AM
43	KES	128.00000	130.00000	130.00000	128.00000	02:42 AM
44	AMD	359.95400	413.89300	413.89292	359.95379	12:42 AM
45	TWD	31.86300	31.87600	31.87600	31.86300	04:29 AM
46	XAU	2,581.47000	2,581.72000	2,581.72000	2,581.47000	04:28 AM
47	XAG	30.73520	30.74380	30.74380	30.73520	04:28 AM
48	XPT	979.43200	986.19000	986.18970	979.43160	01:28 PM
49	XPD	1,086.48000	1,093.36000	1,093.36360	1,086.47710	01:28 PM
2,120	VES	36.71920	36.73900	36.73900	36.71918	04:28 AM
2,212	UGX	3,674.15000	3,755.06000	3,755.06241	3,674.15372	12:42 AM
2,213	TZS	2,722.26000	2,722.29000	2,722.29300	2,722.26300	02:21 AM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	79,993.18	79,491.137	79,368.18	158.082	0.199	152,285,179.0	4,709,764,998.460	16/09/2024 04:15 PM
ALLSHR	51,652.53	51,243.052	51,212.81	86.402	0.169	535,837,771.0	8,903,156,473.450	16/09/2024 04:15 PM
KSE30	25,200.76	25,068.596	24,991.77	41.518	0.166	38,050,927.0	3,600,972,482.980	16/09/2024 04:15 PM
KMI30	127,052.44	126,271.769	126,098.35	825.811	0.658	38,156,300.0	2,437,048,214.390	16/09/2024 04:15 PM
KMIALLSHR	36,055.77	35,820.717	35,774.92	170.536	0.478	209,259,604.0	5,211,557,059.930	16/09/2024 04:15 PM
BKTi	19,205.20	19,090.151	18,982.75	-33.155	-0.173	1,563,127.0	235,877,426.250	16/09/2024 04:15 PM
OGTi	19,815.64	19,634.884	19,588.25	266.411	1.376	8,193,221.0	1,264,142,306.280	16/09/2024 04:15 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	58,845.0	58,990.0	57,665.0	860.00
BRENT CRUDE	EB	72.7	73.2	72.5	-0.04
RICHARDS BAY COAL MONTHLY	EF	112.0	0.0	0.0	4.75
ROTTERDAM COAL MONTHLY	ET	114.0	0.0	0.0	-0.10
USD RBD PALM OLEIN	POL	930.0	930.0	930.0	0.00
CRUDE OIL – WTI	QCL	70.2	70.8	70.0	0.08
SUGAR #11 WORLD	SB	19.6	19.7	19.5	0.04