Tag Archives: Pakistan Finance

The Necessity of Taxes for Economic Stability Finance Minister Muhammad Aurangzeb recently emphasized a critical point: “The country cannot be run through charity; everyone must pay taxes.” This statement highlights a fundamental truth about economic management and national development. Taxes are essential for funding government functions and ensuring economic stability. Current Economic Performance According to the Finance Minister, the country’s …

CCP Approves Alfalah Asset Management’s Acquisition of Faysal Asset Management’s Fund Management Rights The Competition Commission of Pakistan (CCP) has approved Alfalah Asset Management Limited’s acquisition of management rights for certain funds currently managed by Faysal Asset Management Limited. This approval follows a Transfer of Management Rights Agreement executed between the two asset management companies. Overview of Alfalah Asset Management …