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Tag Archives: saving

No incentive for saving

  Pakistan is among world’s those countries which have the lowest savings to GDP ratio, which is mainly because of poor purchasing power. Nearly one-third of total population lives below poverty line. Over the last ten years the gap between rich and poor has widened. Thanks to money whitening policies introduced with regular interval that encourages people to conceal their income. There exists huge undocumented economy and its estimates vary …

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PMEX’s ‘milli tola gold’ – little investment big savings

  Pakistan Mercantile Exchange Limited (PMEX) is Pakistan’s first demutualized and the only multi-commodity futures exchange, which is licensed and regulated by the Securities and Exchange Commission of Pakistan (SECP). Its stakeholders include leading financial institutions and stock exchanges of Pakistan. The Exchange offers a diverse range of domestic and international commodities and financial futures. Its infrastructure is based on sophisticated and state-of-the-art technology comparable to similar exchanges around the …

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