Tag Archives: FATF

President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain on Monday said fake news regarding blacklisting of Pakistan by FATF …

The benchmark index of Pakistan Stock Exchange (PSX) is on persistent decline for the last two years. The recent hike in policy rate by 100bps has further accelerated the decline rate. It seems that the ship (PSX) has been abandoned …

At a recently held seminar at the Sustainable Development Policy Institute (SDPI), Teresa Daban Sanchez, Resident Representative, International Monetary Fund (IMF) to Pakistan said, “The Fund’s program faces significant risk from a failure to build political consensus around its key …

At the recent monetary policy briefing, Dr. Reza Baqir, Governor, State Bank of Pakistan (SBP) defended persistent hike in policy rate as a measure to contain inflation in the country. One wonders how hike in policy rate can help the …

Pakistan stock market witnessed a substantial decline of 12% in Rupee terms and 23% in US$ terms during 4QFY19 amidst macro-economic uncertainties. Major decline was posted in the second half (Jan-Jun 2019 with a fall of 9% in Rupee terms …

Trying to stabilize the uncertain economic conditions of the country, the PTI government has set an ambitious tax revenue targets in the first full-year budget for Rs7,022 billion, for fiscal year 2019-20. Despite a massive Rs1.405 trillion tax plan, the …

Finally, Pakistan managed to garner much-needed support from three-member states of the Financial Action Task Force (FATF) to avoid being placed on its blacklist, but the threats still lingers on. The country has been on the global money laundering watchdog’s …

Of all the tax amnesty schemes announced, the last tax amnesty scheme was unique in this respect that it was the first scheme that dealt with assets held abroad by Pakistani nationals. These schemes have been issued from time to …

Sort of Rs20bn fund should exist at all times for stock market Also there is a right time to accumulate under the falling stock sectors An Exclusive interview with Nazim Abdul Muttalib – Executive Vice President and Head of Broking, …

A trade deficit occurs when an economy is importing more goods than it is exporting. The deficit equals the value of goods imported less the value of goods being exported. For example, Pakistan is importing goods worth USD 15 billion …