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CPD terms investment in share market as non-productive

The think-tank, Centre for Policy Dialogue (CPD) talked on the overheated stock market and falling remittance inflows, which it said can hurt the economy of the country.

CPD told about the recent growth in the capital market. It is difficult to relate with the growth of the real economy of the country, they termed it to the lack of investment opportunities in productive sectors.

CPD also talked about Security and Exchange Commission, they said “The capacity of Securities and Exchange Commission appears to be inadequate in regulating the market efficiently,” They cited example of frequent changes in the rules concerning margin loans. According to the policy organisation, there are lot of manipulations and anomalies in the market.


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