Peshawar: According to news reports, Khyber Pakhtunkhwa (KP) Finance and Health Minister Taimur Khan Jhagra inaugurated the KP’s first Pakistan Stock Exchange (PSX) regional office in Peshawar on Wednesday (October 06). After the ceremonial gong-ringing ceremony, the new PSX-regional office of the KP has commenced business.
The event was a key step toward the province’s economic progress, according to a news release from the KP government. In addition, the minister added that the PSX’s KP chapter will raise cash for a variety of government and corporate infrastructure projects.
The minister noted that with the opening of the PSX Peshawar office, the province’s SMEs will have more access to the financial market and will be able to participate more actively in the country’s growth. Finance Minister Jhagra used the occasion to launch a major Initial Public Offering (IPO) of a KP steel company on the PSX. It’s worth mentioning that the PSX’s northern regional office in Islamabad previously handled the KP business and stock.