Prime Minister (PM) Shehbaz Sharif congratulated the nation as the Pakistan Stock Exchange’s (PSX) KSE-100 index exceeded the historic mark of 90,000 points.
The prime minister said that the gradual increase in stock market since March 2024 reflected growing investor confidence on the government policies, a statement issued by the PM House read.
“Such a swift surge in Pakistan’s stock market after 14 years is result of untiring efforts of the economic team,” PM Shehbaz said.
PM Shehbaz said that the 36 percent increase in the stock market since March 2024, the ‘significant’ reduction in inflation rate, and overall economic stability in the country are the results of efforts made by the government’s economic team.
The prime minister said the inflation rate declined from 38 percent to 6.9 percent, adding that the current account also been in surplus for the last two months.