Macro Analysis /

Pakistan Strategy - Defensive plays rattled by the amended Finance Bill 2022

  • National Assembly of Pakistan approves the unpalatable Finance Bill 2022 with large fiscal adjustments

  • Stopgap measures are applicable to 80% market capitalization of KSE100 index, denting June cash payouts

  • These measures will help re-track IMF as Pakistan moves to battle the twin deficit problem again in 4 years

Wajid Rizvi
Ali Aziz Soorty
Abdul Ghani Mianoor
Rahul Hans
Intermarket Securities
1 July 2022


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