Pakistan ahead of India in economic freedom index

 

Pakistan has beaten India in the ranking released by the Index of Economic Freedom, a US think-tank.

In its report of world economies released Thursday, the US think tank stated that Pakistan’s economy was more stable than that of India. The report ranks Pakistan at 141 in the list, while India has been placed at 143.

According to the think-tank, investors face uncertainty in Indian market contrary to Pakistan.

Prime Minister Nawaz Sharif and Finance Minister Ishaq Dar among other government officials have maintained in the recent past that Pakistan is progressing in the international market and is attracting foreign investors over the stability it shows.

It may be mentioned here that China is investing around $46 billion in Pakistan and construction of several projects is underway.

Must Read

SBP foreign exchange reserves rise by $70 million, reaching $10.68 billion

ISLAMABAD: Foreign exchange reserves held by the State Bank of Pakistan (SBP) saw an increase of $70 million in the week ending March 28,...