ISLAMABAD (APP) - The current Dubai crisis would have no direct impact on Pakistans financial sector, provided it does not surge to other neighbouring countries. We are expecting that the Dubai debt crisis would not impact our financial sector, provided it does not surge to other UAE countries and Gulf region, Sakib Sherani Principal Economic Advisor, Ministry of Finance told APP here on Tuesday. So far, he observed, it has only affected Dubai and is unlikely to surge further. However, he was of the view that there might be some indirect implications of the Dubai crisis if Pakistani investors have had deep exposure to the Dubai financial market. He said that a lot of investment has transferred from Pakistan to Dubai during past few years and if this investment falls victim to Dubai crisis, it would have effect on Pakistan economy. He said that most of the Pakistani investors have investments in real sector economy and if this sector is affected, Pakistan would also get impact of Dubai crisis. He, however was of the view that Pakistani investments in Dubai are less exposed to this type of financial crisis. To a question, he said that Pay and Pension Commission is likely to finalize its report next month. Saqib Sherani informed that Principal Economic Advisor Office, for the first time has launched Pakistans quarterly Economic Update for the fiscal year 2009-10. He added such a report on economic update has already been released for the first quarter (July-Sept 2009) highlighting the economic performance of various sectors in the country. The second report in this regard would be launched by the end of December, he remarked. He expressed the hope that Pakistan would get third tranche of $ 1.2b from IMF. He added that out of total approved loan of $ 11.4 billion, so far Pakistan has obtained US $ 6.5b.