Overview
- Finance Minister Muhammad Aurangzeb chaired the inaugural Capital Market Development Council meeting at the Finance Division on Friday.
- Senior leaders from SECP, SBP, PSX, CDC, NCCPL, PBA and PBC reviewed global practices and set a coordinated reform roadmap.
- Priorities include expanding retail and institutional participation, diversifying investment products and improving facilitation for brokers, banks and mutual funds.
- The plan contemplates incentives such as cross‑border listings and technology upgrades alongside regulatory modernization to strengthen price discovery.
- Aurangzeb directed integration of the government’s digitization plan, emphasized rewarding compliant companies, and set up working groups to deliver KPIs within two weeks with quarterly progress reporting.