Malik Bostan Net Worth in 2023:- In 2023, Malik’s net worth 2023 is around $1 Billion. In this article, we will learn about Malik Bostan Net Worth in 2023: How Rich is Malik Bostan?.
Malik is a Famous Pakistani Politician, who was born on Thursday, Apr 08, 1954, in Chakwal, Pakistan.
Malik is one of the pioneers who started the currency exchange business in Pakistan. Malik was born on April 08, 1954, in Chakwal.
Malik completed his Intermediate from chakwal College in 1973. His family moved to Karachi in 1977 for better prospects.
In December 1994, Malik incorporated his own money-changing company called Malik International, which was later on merged with Pakistan Currency Company in June 2003.
Since then, Malik has been serving as its Chairman.
What is Malik Bostan Net Worth 2023?
Malik’s net worth in 2023 is around $1 Billion. Malik said it was a major demand of traders particularly exporters so that they can initiate export and
import business at market-determined exchange rates because a huge amount of $8 to $10 billion of export proceeds is lying abroad and exporters were reluctant to bring a lower exchange rate.
“In the current economic situation Malik was the right decision to remove the cap on the exchange rate,” Malik added.
How Rich is Malik Bostan?
Malik also encouraged the government of providing Hundi/Hawala licenses to exchange companies on a pattern of Dubai and the UK. Mr.
Malik further claimed that per Financial Action Task Force, it does not require identification for the sale of up to $15,000.
Malik said that the Afghan Transit Trade has increased a lot, and reference is being used in the trade, adding
that every month billions of dollars are being smuggled from Pakistan in the form of official and unofficial trade and through the borders, all of which are burdening Pakistan’s foreign exchange reserves.
Malik Bostan Salary
Malik for his views on the current situation in the currency market. The excerpts of Malik’s views are as under:
We all know that the dollar touched Rsl09.50 in the open market last Wednesday, In Malik’s regard, the State Bank held an emergency meeting with us to resolve the issue of depreciation in the value of the rupee,
The delegation of exchange companies led by me suggested the imposition of a 15 percent levy on gold import, an increase in margin on LCs for imports by 100 percent, and for allowing free import of dollars from abroad.
Malik’s one-year salary is estimated at $5 Million.
Malik Bostan Source of Income
Malik’s main source of income is Malik’s Pakistani Politician career, apart from this Malik may have other businesses from where Malik would be earning a good amount.
Malik Bostan Early Life
Malik is one of the pioneers who started the currency exchange business in Pakistan. Malik was born on April 08, 1954, in Chakwal.
Malik completed Malik Intermediate from chakwal College in 1973. Malik’s family moved to Karachi in 1977 for better prospects.
In December 1994, Malik incorporated his own money-changing company called Malik International,
which was later on merged with Pakistan Currency Company in June 2003. Since then, Malik has been serving as its Chairman.
Malik Bostan Personal Life
People want to know a lot about Malik’s Personal Life, so people are searching a lot about Malik’s Personal Life on the web.
But there is no information available about Malik’s Personal Life on the web and we do not have any information about Malik’s Personal Life.
We will update you as soon as we get any information about Malik’s Personal Life.
Malik Bostan Wealth
1. Car Collection
People want to know a lot about Malik’s car collection, so people are searching a lot about Malik’s car collection on the web.
But there is no information available about Malik’s car collection on the web and we do not have any information about the Malik car collection.
We will update you once we get any information about Malik’s car collection.
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Source: Explore
