Karachi: Senator Ishaq Dar, Finance Minister, has said that the tough decisions taken by the incumbent government to improve stock exchange and national economy have produced tangible results.
Addressing at the award distribution ceremony at Pakistan Stock Exchange, finance minister said that government has chalked out a strategy to stabilize the economy. “New law is being introduced for companies after 32 years”, he added.
“The steps taken by government to improve national economy have also been recognized by the international financial institutions and rating agencies have termed Pakistan as “stable” country at macro economic level”, Dar stated adding that Pakistan’s Gross Domestic Growth GDP has increased to 4.7 percent and in next two years the growth would be 7 percent.
Finance Minister informed that new laws were introduced to boost business activities. Reforms were also initiated in the corporate sector. The improvement of stock exchange is directly linked with the national economy, senator Dar added.
Chairman Pakistan Stock Exchange, Munir Kamal also spoke on the occasion and highlighted the performance of stock exchange. He said that reentry of Pakistan in the MSCI emerging market index was the result of government’s initiative. The formation of Pakistan Stock Exchange was a difficult task but it was done in a better way.
