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NIT Funds Report Various Annual Results

Karachi, The NIT Funds, including the Asset Allocation Fund, Government Bond Fund, Income Fund, and Islamic Equity Fund, reported mixed results for the year 2022. While the Asset Allocation Fund did not list any distributions, the Government Bond Fund distributed Rs 0.52 per unit, the Income Fund Rs 0.55 per unit, and the Islamic Equity Fund Rs 0.50 per unit. The offer and redemption prices varied across these funds.

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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...