Tag: Funds

The University of Karachi (KU) is resisting attempts of the Federal government to merge four institutes of excellence run by the Ministry of Education...

Senators from Balochistan in particular and others in general on Tuesday sought funds on immediate basis to complete the ongoing development projects so as...

The government of Sindh has been requested to allocate Rs500,000 to the Underground Coal Gasification and Purification Project because the project is facing difficulty...

The call to allocate additional incentives for south Punjab dominated the Punjab Assembly proceedings on Friday as the opposition lawmakers from the region grilled...

A House panel of US lawmakers agreed to a proposal by Representative Jeff Flake to tighten congressional oversight over $1.1 billion in counterinsurgency funds...

As the threat of another flood looms across the province, the Sindh government seems intent on not even compensating the flood survivors of the...

The funds for the school management committees should be disbursed in a transparent manner, Sindh Education Minister Pir Mazharul Haq told district officers on...

The Capital Development Authority (CDA) has not so far released the funds approved by in 2007 for upgrading Marghzar Zoo, owing to which the...

Facing severe financial constraints, the province’s development budget under the Annual Development Programme (ADP) for the fiscal year 2011-12 is likely to be increased...

The International Monetary Fund (IMF) would not release the remaining two tranches of $3.5 billion under the 2008 $11.3 billion Stand-By Arrangement (SBA) during...

A large number of hepatitis C patients are suffering because of a shortage of vaccination in public hospitals, Pakistan Today has learnt. Hospitals have...

While the Sindh government has been complaining of financial constraints for the next budget, donkeys have chewed up at least Rs 110.589 million of...

Notwithstanding media-hype claiming that Pakistan-US relations are on the verge of collapse, top economic managers are still banking on the financial assistance by Washington...

Libyan rebels will meet senior White House officials in Washington on Friday to seek cash and diplomatic legitimacy in their battle to topple Muammar...

State Bank of Pakistan Governor Shahid H Kardar will inaugurate the ‘Branchless Banking: Government to Person Payments (G2P) Conference 2011’ and launch ‘Financial Innovation...

The meetings of the Boards of Directors of Al Meezan Mutual Fund Limited (AMMF) and Al Meezan Investment Management Ltd., Investment Advisor of Meezan...

KARACHI - The mutual funds in Pakistan achieved 15 percent growth in the nine months of the ongoing financial year. As far as the performance in different categories is concerned, the size of open-ended funds which stood at five percent increased by four percent in 3QFY11 reaching Rs 203 billion while the size of the closed end funds came at Rs26 billion, showing a decline of four percent during 3Q-FY11.
However, mutual funds witnessed slow growth during 3QFY11, as its assets