Malik Bostan Wiki, Biography, Net Worth, Age, Career, Relationship, Family

Malik Bostan, a renowned Pakistani businessman and politician, has made significant contributions to the currency exchange industry in Pakistan. Born on April 8, 1954, in Chakwal, Pakistan, Bostan has played a pivotal role in establishing and shaping the currency exchange business in the country. Currently serving as the Chairman of the Exchange Companies Association of Pakistan, he provides valuable insights on the country’s economic and political landscape, particularly concerning the rise and fall of the Dollar. This article delves into the life and career of Malik Bostan, shedding light on his personal and professional endeavors.

Early Life, Biography, and Education

Malik Bostan was born on April 8, 1954, in Chakwal, Pakistan. Unfortunately, detailed information about his early life, parents, and family background is not publicly available. Bostan received his education in Pakistan and embarked on a career in politics. He completed his Intermediate studies at Chakwal College in 1973. In 1977, Bostan and his family moved to Karachi in search of better opportunities.

BIO/Wiki

Full name: Malik Bostan
Age: 69 years old (as of 2023)
Profession: Businessman, Investor
Birth date: April 8, 1954
Birthplace: Chakwal, Pakistan
Ethnicity: South Asian Pakistani
Nationality: Pakistani
Religion: Islam

Education Details

Qualification: Graduate
School / College: Chakwal College

Personal Life

Marital Status: Married
Wife: Not Known
Children: Will Update
Relationship Status: Committed
Girlfriend: N/A

Family

Father: Mr. Bostan
Mother: Mrs. Bostan
Brother: Will Update
Sister: Not Known
Family & Friends: Will Update

Physical Appearance

Height: 5 feet 7 inches (approx.)
Weight: 65 Kilograms (approx.)
Hair Color: Black
Tattoos: N/A
Eyes Color: Dark Brown
Piercings: None

Wealth

Net worth: PKR 15-20 Crores (as of 2023)
Cars: N/A
House: Will Update

Professional Life

Malik Bostan’s political career spans several significant positions. He first entered politics in 1983, contesting for the Provincial Assembly of Punjab on a Pakistan Muslim League ticket. Bostan emerged victorious and became a Member of the Provincial Assembly (MPA). He was re-elected in 1985, 1988, and 1990.

In 1993, Bostan shifted his focus to the national level and contested for the National Assembly of Pakistan on a Pakistan Muslim League (N) ticket. He won the election and served as a Member of the National Assembly (MNA) until 1996. In 2002, Bostan contested for the Provincial Assembly of Punjab on a Pakistan Muslim League (Q) ticket and won. He was re-elected in 2008 and 2013.

Latest News

As the Chairman of the Exchange Companies Association of Pakistan (ECA) and the President of the Forex Association of Pakistan, Malik Bostan remains actively engaged in the financial sector. Here are some of the latest news and updates related to him:

• On March 29, 2023, Bostan made an offer to the cash-strapped coalition government of Pakistan, pledging to provide $1 billion per month for the next 24 months to avoid relying on the International Monetary Fund (IMF). He made this offer during a meeting with the Senate Standing Committee on Finance.
• Bostan has attributed Pakistan’s poor dollar reserves to illegal outflows of approximately $2 billion to Afghanistan each month, as well as political instability and hoarding of the dollar. On January 24, 2023, he announced the removal of the cap on the dollar in the open market.
• While there is no recent news or updates available about Malik Bostan, it is worth noting that his financial activities and insights continue to shape discussions on the currency exchange business in Pakistan.

In summary, Malik Bostan remains an influential figure in the Pakistani business landscape, particularly in the currency exchange sector. With his vast experience and expertise, he continues to contribute to economic growth and stability in the country.

Wife and Family

Detailed information about Malik Bostan’s wife and family is not available in the public domain. Although he was born on April 8, 1954, in Chakwal, Pakistan, there is limited information regarding his personal life, including his marital status and children.

Parents & Siblings

Malik Bostan, a Pakistani businessman, founded Bostan International, a prominent money-changing company that later merged with Pakistan Currency Company. Unfortunately, there is limited information regarding his family background. The names of his parents and siblings are currently unknown.

Nationality

Malik Bostan is a Pakistani citizen by nationality.

Age and Date of Birth

Born on April 8, 1954, Malik Bostan is currently 69 years old as of March 2023. He completed his Intermediate studies at Chakwal College in 1973. In December 1994, he established his own money-changing company, Bostan International, which merged with Pakistan Currency Company in June 2003. However, detailed information about his early life is not available.

Net Worth

Malik Bostan’s exact net worth is not publicly available. As a Pakistani businessman and politician, he holds a prominent position in the currency exchange industry. While his net worth remains undisclosed in the available search results, it is speculated that he has accumulated significant wealth throughout his career. It is important to note that there is another prominent Pakistani businessman and real estate developer named Malik Riaz, whose net worth is estimated to be PKR 15-20 Crores.

My Final Opinion, Malik Bostan is a respected Pakistani businessman and politician who has made substantial contributions to the currency exchange industry in Pakistan. Despite limited information about his personal life and family background, his expertise and involvement in economic matters continue to shape the country’s financial landscape.

Q & A

Q1: Who is Malik Bostan, the currency exchange businessman from Pakistan?

Malik Bostan is one of the pioneers who established and thrived in the currency exchange business in Pakistan. With his significant contributions, he has become a notable figure in the industry.

Q2: What is Malik Bostan’s profession?

Malik Bostan is a Pakistani businessman and investor. His involvement in the currency exchange industry and his political career have solidified his position as an influential figure in the business community.

Q3: How old is Malik Bostan?

As of 2023, Malik Bostan is 69 years old.

Q4: Does Malik Bostan have a wife or family?

Specific details regarding Malik Bostan’s wife and family are not publicly available. Further research may be required to obtain comprehensive information on this subject.

Q5: What is Bostan’s opinion on the currency exchangebusiness in Pakistan?

Malik Bostan has expressed his views on the currency exchange business in Pakistan, particularly concerning the need for a level playing field for exchange companies. He believes that the State Bank of Pakistan should provide fair opportunities and regulations to promote a thriving exchange market in the country.

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