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Tag: Pakistan

FATF

FATF advises Pakistan to continue on action plan implementation

February 22, 2019February 17, 2021Faisal Shahnawaz

ISLAMABAD: Financial Action Task Force (FATF) in its plenary meeting on Friday advised Pakistan to continue to work on implementing its action plan to address its strategic deficiencies. The meetings of Financial Action Task Force (FATF) took place at OECD, Paris from February 17-22, 2019 to review the compliance of a number of countries with […]

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Saudi Arabia signs pact for $20bn investment in Pakistan

February 17, 2019December 17, 2023Faisal Shahnawaz

ISLAMABAD: Saudi Prince Mohammed bin Salman announced on Sunday that Saudi Arabia has inked investment agreements totaling $20 billion in Pakistan.

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the world bank

World Bank advises Pakistan for urgent water reforms to get economic, social benefits

February 4, 2019November 30, 2023Mrs. Anjum Shahnawaz

ISLAMABAD: The World Bank has advised Pakistan for urged reforms to improve water use efficiency and service delivery to get more economic, social and environmental benefits from its water, subject to urgent reforms.

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Pakistan Stock Exchange

Equity market witnesses buying on rating reports

January 25, 2019February 15, 2024Mrs. Anjum Shahnawaz

The equity market of Pakistan Stock Exchange (PSX) experienced a day of mixed trading activities, marked by buying and selling patterns, following the news of Fitch Ratings downgrading Pakistan’s rating. The benchmark KSE-100 index closed at 40,264 points, exhibiting a slight decline of 24 points compared to the previous day’s closing at 40,289 points.

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