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Need for provincial asset management companies

During the budget season, there is immense activity in the federal and provincial financial circles attempting to reflect higher revenues and justifying expenditures. Political and sectoral lobbying is at its…

Revitalising Asset Management

Revitalising asset management

Asset management is a business of trust. And trust is the precondition for prosperity and economic well being of the industry. Unfortunately, the liquidity crisis of September 2008 created a…

Smoke, mirrors and state assets

The Inter-Governmental Commercial Transactions Act, 2022 (the 2022 Act) was enacted last year and has been recently put into effect by granting a concession for certain berths at Karachi Port…

Toshakhana: asset accumulation

The release of the list of those who received extremely expensive gifts during their official foreign tours (mostly from oil-rich Arab countries) from 2002 to 2023 has stunned a nation…

Recovery of stolen assets

The global institutions in collaboration with the United Nations Office on Drugs and Crimes (UNODC) are working with developing countries and financial centers to stop the laundering of proceeds generated…

Economic management

Prime Minister Imran Khan continues to blame those operating in the private sector for high inflation through engagement in illegal activities - profiteering, smuggling and colluding - a charge that…