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Govt to take parliament into confidence over IMF program: Dar

Source: Geo News | 09-07-2013

ISLAMABAD: Finance Minister Ishaq Dar has said that the government would take parliament into confidence over International Monetary Fund (IMF) program, Geo News reported.

Speaking to media before Microfinance Seminar here Tuesday, Ishaq Dar said the IMF agreed to provide loan of $5.3 billion after the incumbent government put the economy on right path.

He said Pakistan wanted loan of $7.3 billion and the first installment of $3.5 billion so that it became easy for the country to repay to IMF.

Dar made it clear that the government had not yet decided to raise power tariff.

The finance minister said they would hide nothing and would share it with 185 million people. He added that the agreement with IMF would also be put on the ministry’s website after it was inked on September 04.

CSI to offer courses for capital market professionals

Source: The Nation | 28-01-2013

The Canadian Securities Institute (CSI) will offer training courses for capital market professionals in Pakistan, in partnership with the Pakistan Society of Technical Analysts (STAP). These programmes will be tailored to local regulatory requirements, STAP President Ovais Ahsan said while addressing a ceremony at the Karachi Stock Exchange (KSE). Ahsan s..... Read more

Khabeerâ€™s Islamic financial services portal goes online

Source: Tribune | 04-04-2013

With the objective of becoming the top portal for Islamic financial services, Khabeer Financial Services on Tuesday launched a Shariah-compliant financial products portal, saying that its main target was to reach as many retail investors as possible. The company claims that khabeer.com.pk is the world’s first portal providing Shariah-compliant inves..... Read more

Wind projects of 106MW ready for operation

Source: The Nation | 03-01-2013

Federal Minister for Water and Power, Ch Ahmed Mukhtar has claimed that around 45 wind power projects with a total capacity of 3,200 MW are under process in the country while 106MW wind projects are ready for commercial operation. Addressing the inauguration ceremony of Pakistan’s first 50 MW wind energy project, minister said that at pre..... Read more

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