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).
Tarin chairs CMAC meeting to reform capital market
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Tarin chairs CMAC meeting to reform capital market
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• 4m households to be supported
• Minister says around Rs400bn worth of interest-free loans to be offered
ISLAMABAD: The government has decided in principle to launch ‘Kamyab Pakistan Programme’ this month under which four million households would be assisted in various schemes.
The programme appears to be one of the major initiatives taken by the government for the poor segment of society ahead of next elections.
Talking to
Dawn on Saturday, Finance Minister Shaukat Tarin said: “We have finalised every aspect of this programme, and it would be launched in mid-July.”
Detailing some of the features of the programme, he said it aimed at providing support to people in housing projects, skill development, health cards and interest-free loans for businesses and agri-services.