Saturday, 06 June 2020, 04:39:01 pm
Pakistan’s economic indicators heading in right direction: Mirza Ikhtiyar Baig

Mirza Ikhtiyar Baig (Economist): Moody's is among the world’s top credit rating agencies. It is very positive development that the agency has upgraded Pakistan's economic outlook from negative to stable. There is continuous increase in foreign reserves and continuous decrease in trade deficit. All the economic indicators of Pakistan's economy are heading in the right direction. Pakistan Stock Exchange continued with bullish trend as KSE-100 index crossed psychological figure of 40,000 points. All these developments will motivate and attract the foreign investment in the country. The top most priority of the present government is provision of jobs to the young people in order to reduce poverty in the country. There is great potential in Information Technology, Tourism and Housing sectors for youth in Pakistan.