Pakistan sees positive economic shift

MG News | February 10, 2025 at 12:17 PM GMT+05:00
February 10, 2025 (MLN): Pakistan's economy has shown significant improvement, reflecting a shift toward stability as government policies and favorable ratings from international agencies boost investor confidence.
This positive trend has attracted increased foreign investment and stabilized the stock market, with Atif Akram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry, affirming that all economic indicators are positive.
He stated that the economy is stable, investment is flowing in, and the stock exchange is at its peak, as per the press release.
Additionally, interest rates have dropped significantly, and he expressed optimism about further reductions.
Abdul Aleem, CEO of the Overseas Investors Chamber of Commerce and Industry, highlighted that foreign exchange reserves have risen to twelve billion dollars.
He also noted that the State Bank has cleared all previously blocked dividends and remittances for foreign investors.
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