Today, by the grace of Allah, improvements are seen on every front in Pakistan, said the Prime Minister.
Prime Minister Muhammad Shahbaz Sharif congratulates the nation on surpassing the historic milestone of 90,000 points in the Pakistan Stock Exchange's 100-index.
The gradual increase in the stock market since March 2024 reflects investors' confidence in government policies, stated the Prime Minister.
After 14 years, such a rapid rise in the stock market is the result of the tireless efforts of the economic team, emphasized the Prime Minister.
Since March 2024, the stock market has seen a 36% increase, with a decrease in inflation and overall economic stability attributed to the economic team, he noted.
Inflation rates have dropped from 38% to 6.9%, according to the Prime Minister.
In the last quarter, remittances sent by overseas Pakistanis reached a record $8.8 billion, he reported.
The current account has been in surplus for two consecutive months, the Prime Minister stated.
Negotiations for relief for electricity consumers with IPPs (Independent Power Producers) have begun, he added.
The $7 billion long-term facility from the IMF is expected to further improve the economy, according to the Prime Minister.
The dreams of those who brought Pakistan to the brink of default have been shattered, he asserted.
The Prime Minister pledged to ensure that the sacrifices made for this country are not sacrificed to the negligence of the incompetent.
“We have saved the state by sacrificing politics,” he stated.
Today, by the grace of Allah, improvements are seen on every front in Pakistan, said the Prime Minister.
He expressed hope that more good news regarding economic improvements will follow in the coming days.
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Keywords: Prime Minister, Pakistan Stock Exchange, economic growth, inflation, remittances, IMF, current account surplus.
