AIRLINK 74.50 Decreased By ▼ -2.48 (-3.22%)
BOP 4.73 Decreased By ▼ -0.14 (-2.87%)
CNERGY 4.14 Decreased By ▼ -0.08 (-1.9%)
DFML 39.35 Decreased By ▼ -2.44 (-5.84%)
DGKC 84.90 Increased By ▲ 0.17 (0.2%)
FCCL 21.90 Decreased By ▼ -0.49 (-2.19%)
FFBL 30.21 Decreased By ▼ -1.24 (-3.94%)
FFL 9.25 Decreased By ▼ -0.10 (-1.07%)
GGL 10.40 Increased By ▲ 0.24 (2.36%)
HASCOL 6.33 Decreased By ▼ -0.08 (-1.25%)
HBL 108.25 Decreased By ▼ -0.35 (-0.32%)
HUBC 140.25 Decreased By ▼ -0.24 (-0.17%)
HUMNL 10.30 Decreased By ▼ -0.22 (-2.09%)
KEL 4.80 Decreased By ▼ -0.05 (-1.03%)
KOSM 4.42 Increased By ▲ 0.19 (4.49%)
MLCF 37.50 Decreased By ▼ -0.19 (-0.5%)
OGDC 124.64 Decreased By ▼ -2.00 (-1.58%)
PAEL 24.44 Decreased By ▼ -0.59 (-2.36%)
PIBTL 6.20 Decreased By ▼ -0.06 (-0.96%)
PPL 116.40 Increased By ▲ 0.11 (0.09%)
PRL 24.60 Decreased By ▼ -1.14 (-4.43%)
PTC 13.13 Decreased By ▼ -0.47 (-3.46%)
SEARL 55.99 Decreased By ▼ -0.60 (-1.06%)
SNGP 62.98 Decreased By ▼ -0.22 (-0.35%)
SSGC 9.87 Decreased By ▼ -0.11 (-1.1%)
TELE 7.99 Decreased By ▼ -0.01 (-0.13%)
TPLP 9.93 Decreased By ▼ -0.21 (-2.07%)
TRG 64.50 Decreased By ▼ -1.52 (-2.3%)
UNITY 26.66 Decreased By ▼ -0.17 (-0.63%)
WTL 1.32 Decreased By ▼ -0.01 (-0.75%)
BR100 7,705 Decreased By -68.5 (-0.88%)
BR30 24,695 Decreased By -268.9 (-1.08%)
KSE100 73,863 Decreased By -356.5 (-0.48%)
KSE30 23,691 Decreased By -88.1 (-0.37%)

Some news are circulating on social media regarding government plans to introduce Treasury Single Account (TSA). While the proposal to introduce TSA is being examined by the Government of Pakistan in consultation with SBP as part of its agenda to reform public financial management, however, no decision has yet been made to implement the TSA. Any decision in this regard will be taken after due consultation with all the stakeholders and assessing its impact on the banking industry. It will, therefore, be premature to form any opinion about the proposed policy decision and thus the market players should avoid engaging in any speculative activities based on this proposal which is still under examination.

Copyright Business Recorder, 2019

Comments

Comments are closed.