KSE100 index of Pakistan remained one of the best-performing equity markets in the region during Jan 2022.
Out of the 10 regional markets, 6 posted negative returns. While 4 posted a positive return namely Sri Lanka, Philippines, KSE100 Pakistan, and Indonesia.
Previously, Minister of State for Parliamentary Affairs Ali Muhammad Khan was speaking in Radio Pakistan’s Current Affairs Program.
He said Pakistan has enormous natural resources and advantages by virtue of its Geo-strategic location. It can help in boosting economic growth.
Ali Muhammad Khan said that government will initiate long-term projects that will have a burgeoning impact on the economy.
He said the current account deficit left by the previous governments has overburdened the economy. The common man is unable to get benefits directly from economic growth.
Prime Minister Imran Khan on Economy of Pakistan
Earlier, PM Imran Khan addressed an inaugural session. He said the economy of the country is moving towards prosperity and is stable. It is due to the economic policies of the government. Furthermore, he said that making Pakistan a great country is our mission, during the 14th International Chambers Summit in Islamabad.
Imran Khan said the public authority has embraced successful and solid methodology to make the economy steady and meet worldwide pandemics at a time. He said Pakistan has managed COVID19 with a coordinated approach securing the economy and living souls.
Imran Khan said the government has gained $32 billion in unfamiliar settlements and $31 billion in the send-out areas. He said the FBR has made an assessment assortment of 6000 billion rupees during the current financial year. Imran Khan said IT trades are at 3.5 billion dollars with an increment of 70%. While horticulture has earned pay of 1100 billion rupees.
Accentuating the need to dispose of defilement from the country, he said a debasement-free Pakistan is our central goal and we will proceed with the battle against degenerate components and practices. The Prime Minister said due to the compelling methodology of government, the corporate area has seen a benefit of 930 billion rupees while 1138 billion rupees speculations have been made in the private area during the most recent 10 years