Tag Archives: fund

  Following its ninth review of the program, the International Monetary Fund (IMF) asked Pakistan to focus on accelerating steps to widen the tax net and raise funds for more infrastructure investment and social assistance after the country failed to reach its fiscal deficit and tax revenue targets under an IMF Extended Fund Facility (EFF). However, the IMF welcomed the government’s plans to take action to attain the budget deficit …

  Hawala is probably the most convenient way of transferring funds from one party to the other i.e. from within Pakistan to abroad or vice versa without intervention of SBP or the financial sector. Hence, the transaction from initiation to execution is untraceable. Hawala is used for genuine need as well as terrorism. When it comes to genuine need, it may arise through a customer or even a company. Hawala …

  JS Investments Limited (JSIL) is the oldest and one of the greatest private sector asset management firms in Pakistan, with a broad range of mutual funds, Islamic funds, pension funds and separately managed accounts, formed after keeping in view the client needs and requirements. JSIL is a member of MUFAP (Mutual Fund Association of Pakistan) and is catalog on the Karachi Stock Exchange. With the experience of 20-year in …