The Diplomat says Pakistan’s new 'emerging market' status sign of investor confidence
Leading International magazine the Diplomat has recognized that the macro economic management and fiscal discipline has helped Pakistan achieve the status of emerging market in the world.
In an article, the Tokyo based magazine noted that the achievements made by the country on the multiple fronts will restore confidence of investors and help attract more Foreign Direct Investment.
The magazine states that economic growth is stabilizing Pakistan’s political atmosphere in Karachi, Balochistan, and the Federally Administered Tribal Areas (FATA).
The outclass performances of Pakistan’s banking, energy, cement, oil and gas, and fertilizer sectors have brought Pakistan into the limelight of stock markets around the world.
The magazine also notes that Pakistan`s KSE100 Index has outclassed the rest of Asia and Pakistan has become an emerging market.