Minister for Planning, Development and Special Initiatives Asad Umar says strong earnings being reported by companies listed on Pakistan Stock Exchange reflect the achivement of economic stability.

In a tweet on Sunday, he said country's economy is moving into the growth phase. He said a record 10 new IPO'S are also being planned by companies for listing on stock exchange this year.

Strong earnings being reported by companies listed on Pakistan stock exchange reflect that stabilization having been achieved, economy is moving into the growth phase. A record 10 new IPO'S also being planned by companies for listing on stock exchange this year. https://t.co/5v38rujB3H

— Asad Umar (@Asad_Umar) October 25, 2020