Dar briefed on progress regarding PSX shareholding divestment
Chairman Securities and Exchange Commission of Pakistan along with senior members of his team briefed the Federal Minister for Finance Ishaq Dar on the progress regarding the divestment of shareholding of Pakistan Stock Exchange at a meeting in Islamabad on Saturday.
The Minister was updated on the various discussions held between the SECP and the divestment committee of the Exchange and future steps to be taken for the timely and smooth divestment of PSX shareholding.
The Finance Minister communicated his full support to the various market developmental measures being undertaken by the SECP for the organized development of the capital market. He reiterated that while finalizing the divestment national interest should be kept supreme.
The Finance Minister was also briefed on the proposed road map for further development of capital markets in the country. Different models for raising funds for undertaking infrastructure projects in the country were also discussed.
Finance Minister appreciated the role of SECP in development of capital markets and expressed his full support for its initiatives.