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Talks with IMF going smoothly: SBP chief - Newspaper


In this 2019 file photo, Reza Baqir, Governor of the State Bank of Pakistan (SBP), takes a question from a reporter (not pictured) during a news conference at the head office in Karachi. Reuters/File
WASHINGTON: State Bank of Pakistan Governor Reza Baqir on Thursday said that negotiations with the International Monetary Fund (IMF) on the 6th review of its $6 billion financial package were going smoothly.
Last month, the IMF also said it was holding open and constructive discussions with Pakistan on the 6th review and stood ready to support the country in achieving its objectives of debt sustainability.
In July 2019, the IMF had approved a 39-month $6bn arrangement for Pakistan under its Extended Fund Facility (EFF) to support Islamabad’s economic reform programme. ....

United States , Reza Baqir , International Monetary Fund , Fund Facility , Roshan Digital Initiative , State Bank , Pakistan Governor Reza Baqir , Extended Fund Facility , Gerry Rice , ஒன்றுபட்டது மாநிலங்களில் , ரெஸ பாகீர் , சர்வதேச பண நிதி , நிதி வசதி , ரோஷன் டிஜிட்டல் முயற்சி , நிலை வங்கி , பாக்கிஸ்தான் கவர்னர் ரெஸ பாகீர் , நீட்டிக்கப்பட்டது நிதி வசதி , ஜெர்ரி அரிசி ,

Expats can now invest in Al Meezan Investments


Expats can now invest in Al Meezan Investments
Karachi
April 23, 2021
Karachi: Nonresident Pakistanis holding a Roshan Digital Account (RDA) can now invest in Mutual Funds through Al Meezan Investment Management Limited, one of Pakistan’s largest and only Shariah Compliant Asset Management Company.
In addition, residents with assets abroad declared in their tax returns can also invest. This is a welcome addition to the RDA initiative, giving the overseas Pakistanis an additional, lucrative investment opportunity in Pakistan.
Mutual Funds offer a diverse range of products & funds giving investors’ exposure to Equity Markets, Fixed Income, Money Market, Energy Sector, Commodities etc. all under one roof. What sets mutual funds apart from direct investments in the said asset classes is the professional fund management, diversification among other things such as liquidity and transparency. ....

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