ISLAMABAD: The government is planning to raise $600 million in the next month by selling a stake in Habib Bank Limited (HBL) as it has a stake of 42% in the bank. It is expected that the government will sell a minimum of 250 million of its 609.3 million shares.
“People are taking much more interest because the government is coming up with transactions every two months,” Privatisation Commission chairman Mohammad Zubair said in an interview in London on Friday.
Prime Minister Nawaz Sharif aims to raise $2 billion from asset sales by June 30 to meet conditions attached to a $6.6 billion IMF loan.
Govt generates Rs144b through PSX Sukuk auction
ISLAMABAD: The Ministry of Finance has raised Rs. 144.153 billion through the Government of Pakistan Hybrid Sukuk (GHS) auction conducted...
