Signing ceremony of share purchase agreement of PSX with the consortium of Chinese exchanges and local financial institutions

Finance Minister Mohammad Ishaq Dar said on Friday, January 20, in Karachi that the government had established a ‘Pakistan Development Fund’ aimed at financing multi-billion dollar infrastructure development projects in the country. “We would soon be coming to the Pakistan Stock Exchange (PSX) to mobilize funds,” he said, adding that the International Finance Corporation and others had indicated their interest in participating in the Fund. “We will continue to forge ahead with or without other partners for PDF which is a great indicator of Pakistan’s progressive direction.