The National Budget for 2019-20 marks the final year of the 7th five-year plan and heavily focuses on infrastructure development of the country. The budget exudes high optimism with an 8.2% targeted GDP growth amid sluggish domestic credit environment and a stagnant private sector. We believe the budget for FY 2019-20 is ambitious considering an optimistic revenue target and policy contradictions.
Monthly report, November 2019
November was a volatile month for the stock market as the DSEX fluctuated, ranging between 4,678 to 4,781 points (around 2.2%). However, the index ultimately inched up by 1.04%, with the top twenty gainers having Read more…