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Pakistan’s economy saw significant spike in recent years: Forbes

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Pakistan’s economy saw significant spike in recent years: Forbes

 

Pakistan’s economy has witnessed a significant increase during the recent years, says a financial report released by leading international magazine Forbes.

According to the study, Pakistan’s stock exchange soared close to 500 per cent since 2009 with 56 per cent increase during the past twelve months.

The magazine elucidated that the bullish trend of the stock exchange was driven by a number of favourable economic fundamentals.

It also noted that investor hype about the potential of the Pakistani economy could take the equity market much higher.