Pakistan and IMF Begin Negotiations on $1.2 Billion Loan Tranche Amid Governance Reforms
Pakistan has entered talks with the IMF for a $1.2 billion loan tranche, with discussions centered on anti-money laundering, governance reforms, and transparency measures in development and fiscal management.
Next Capital Becomes First Broker to Secure SECP’s Securities Manager License
Next Capital Limited has received approval from the Securities and Exchange Commission of Pakistan (SECP) to operate as a Securities Manager, becoming the country’s first securities broker to hold this license. The milestone allows the firm to expand into portfolio management and investment advisory services.
SBP Governor Jameel Ahmad Identifies Low Domestic Savings as Core Economic Weakness
SBP Governor Jameel Ahmad has warned that Pakistan’s persistently low domestic savings rate remains a major economic challenge. He urged reforms to mobilize local savings, deepen capital markets, and reduce reliance on foreign inflows, while highlighting progress in sovereign debt reforms but slow growth in corporate and equity markets.