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Askari Sovereign Yield Enhancer Reports Moderate Distribution

Karachi, For the year ending in June 2023, the Askari Sovereign Yield Enhancer, operational since 2012, has reported a distribution of 4.19%, translating to Rs 4.3736 per unit, compared to Rs 6.4057 per unit in the previous year. The fund’s offer price stood at PKR 113.58, with a redemption price of PKR 112. These figures provide insight into the fund’s yield enhancement strategies.

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Aurangzeb Engages with U.S. Development Finance Corporation for Enhanced Sectoral Projects

Islamabad: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, engaged with representatives of the U.S. International Development Finance Corporation in Washington, D.C. This meeting aimed to seek expedited support for priority priva...