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London Stock Exchange congratulates Pakistan on its economic recovery

byMuhamad Arshad
April 22, 2021
in Business, Economy
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While taking it to twitter, special Assistant to the Prime Minister on Political Communication Dr. Shahbaz Gill posted a tweet from the London Stock Exchange (LSE) congratulating Pakistan on its return to international markets after four years.

On April 13, the LSE tweeted, “Congratulations to Pakistan’s Islamic Republic on their return to international markets after a four-year absence. Pakistan enters more than 300 active sovereign bonds raising over USD 3 trillion with its triple tranche USD 2.5 billion bonds listed on @LSEplc’s International Securities Market.”

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Dr. Gill took aim at the ruling PTI’s critics, claiming that “thieves” had ruined Pakistan’s economy through their loot, quoting a tweet from the London Stock Exchange.

Fortunately, the economy has recovered thanks to Prime Minister Imran Khan’s efforts, he added.

Last month, the country issued three different eurobonds on the international market, with maturities varying from 5 to 30 years and interest rates ranging from 6% to 8.87 percent.

Tags: Dr. Shahbaz GillImran KhanLondon Stock ExchangePSXPTI
Muhamad Arshad

Muhamad Arshad

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