Funds

The Securities and Exchange Commission (SECP) prohibits companies from accepting funds from blacklisted international NGOs – Trendy Blogger

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The Securities and Exchange Commission (SECP) prohibits companies from accepting funds from blacklisted international NGOs – Trendy Blogger

Islamabad: The Securities and Exchange Commission of Pakistan (SECP) has taken strict measures to prevent companies from accepting funding from blacklisted or unregistered international non-governmental organizations (INGOs) operating within Pakistan. In a notification issued on Monday, the Securities and Exchange Commission of Pakistan proposed amendments to the Companies Regulations 2024, emphasizing that companies should not … Read more

Asset management funds in Pakistan exceed Rs. 3 trillion teachers – Trendy Blogger

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Asset management funds in Pakistan exceed Rs. 3 trillion teachers – Trendy Blogger

Islamabad: Asset Management Companies (AMCs) in Pakistan have achieved a historic milestone, with their collective assets exceeding Rs. 3 trillion for the first time. This remarkable growth is due to strong inflows from individual and corporate investors, driven by attractive profit rates ranging between 20% and 25% in the current financial year. After reaching Rs. … Read more

Study: Selling 4% of the International Monetary Fund’s gold could ease the debt burdens of 86 countries – Trendy Blogger

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Study: Selling 4% of the International Monetary Fund’s gold could ease the debt burdens of 86 countries – Trendy Blogger

Gold bullion at an Austrian gold and silver separation plant in Vienna on March 18, 2016. Reuters To help provide debt relief for low-income countries devastated by climate-related disasters, the International Monetary Fund must sell 4% of its gold, a study said, as climate finance dominates early talks at the COP29 summit. The study said … Read more