IMF-Backed Plan to Boost Pakistan's Local Bond Market Unveiled

The government announced a strategic plan to develop the Local Currency Bond Market (LCBM), enabling the public to trade treasury bills and bonds through the stock market. This initiative is crucial for IMF program compliance, with a visiting mission reviewing a potential $1.2 billion disbursement. The plan aims to deepen and make the market more liquid and resilient, reducing government financing costs and broadening the investor base. A successful disbursement could strengthen the Pakistani Rupee, potentially impacting local gold and silver prices.

بحوالہ / Source: www.dawn.com