Good news regarding Pakistani economy

According to the economic journal Bloomberg, the Financial Times Stock Exchange (FTSE) Group has maintained the emerging market status of Pakistani equities for another 6 months.

According to the details, Bloomberg says that the decision of the Financial Times Stock Exchange may increase foreign investment in the Pakistani stock market again.

Bloomberg says that Pakistan was at risk of default, in dire need of foreign funding, but with the decision of the Financial Times Stock Exchange, foreign investment in Pakistan has resumed.

According to Bloomberg, the stock market capitalization fell from $100 billion to $21 billion in 2017, but Pakistan managed to pass the minimum investable market capitalization threshold.

Bloomberg says that the leadership of the new Pakistani government is in the hands of a reform-friendly prime minister.

Comments