Source: Bloomberg
By Farhan Sharif
Oct. 12 (Bloomberg) — Pakistan plans to set up a fund for expatriates to buy shares of government-controlled companies, before lifting curbs that have shielded investors from a record sell-off in emerging market equities.
The fund will buy stocks including Oil & Gas Development Co., the biggest fuels explorers, National Bank of Pakistan, […]

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Source: International Herald Tribune
KARACHI, Pakistan: Pakistan’s national bank has cut its forecast for the country’s economic growth this fiscal year to 6.0-6.5 percent.
The State Bank of Pakistan said Monday it was revising its forecast for the year ending June 30 in the light of “domestic turbulence and external shocks.”
The bank predicted growth of 7.2 percent […]

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