Pakistan’s corporate debt market is set for a potential boost as the Securities and Exchange Commission of Pakistan (SECP) introduces a new practical guide aimed at simplifying Sukuk issuance for companies. The regulator has issued the “A Practical Guide for Corporate Issuers” to help businesses understand and navigate the process of issuing corporate Sukuk through […]
IMF Seeks Bigger Recognition of Gas Sector Losses as Pakistan Delays Rs1.7 Trillion Debt Settlement Plan
Pakistan’s efforts to resolve its growing gas sector circular debt have hit another hurdle after the government and the International Monetary Fund (IMF) failed to reach an agreement on a proposed settlement framework. The unresolved plan, valued at Rs1.7 trillion, will now undergo further negotiations, with both sides expected to resume discussions in September. The […]