LAHORE: In partnership with Lahore Stock Exchange, SAFE held a training seminar on “Role and Value of Investor Relations” after similar ventures were previously conducted at Islamabad and Karachi.
The SAFE considers itself the most relevant forum to promote awareness and capacity building in areas which are identified to be requiring improvement or upcoming subjects internationally. It is the representative body of all the stock and commodity exchanges of the region as well as being a recognized body of the SAARC.
It was identified and acknowledged that the subject area of Investor relations is being paid less attention and the standardized practices almost becoming compliance requirements in other parts of the world are being seldom adopted by listed firms.
Earlier, the International Monetary Fund has predicted five per cent growth for Pakistan in the medium-term and easing of inflation to below 8 per cent in fiscal 2014-15, says a report. In a detailed report on the country’s economic performance, the IMF warns that political and security conditions in the country continued to pose a serious challenge to the national economy. The current account deficit is expected to widen to about 11/2 pc of GDP, driven by stagnant exports while non-oil imports pick up, it said.
