Daily Times The underlying rationale is to attract investors, especially ones with lesser resources, to contribute in capital markets
July 20, 2021
Federal Minister for Finance and Revenue Shaukat Tarin chaired the first meeting of the Capital Market Advisory Council (CMAC), which was established to introduce reforms in the capital markets in the country.
According to press statement issued by the finance ministry, Special Assistant to Prime Minister on Finance and Revenue DrWaqar Masood, Secretary Finance Division, Chairman Securities and Exchange Commission of Pakistan (SECP) Aamir Khan, Chairman HBL Sultan Ali Allana and other senior officials participated in the meeting.
Governor State Bank of Pakistan (SBP) Reza Baqir joined through a video link, the statement added.Capital Market Advisory Council was established (CMAC) in April 2020 under the Capital Market Development Plan (CMDP).