Another international ratings agency has reckoned Pakistan among the top emerging South Asian economies owing to continuity of policies and political stability.
The Atlantic Media Company (AMC) of the United States has ranked Pakistan as a relatively stronger economy in the South Asian markets and expected that it will grow rapidly during days ahead.
According to Atlantic’s report, the Pakistan Government’s investment in infrastructure and other developmental projects has caused the country’s GDP to grow. The Report said it is being acknowledged internationally that Pakistan is emerging as market leader.
It noted that current economic conditions of Pakistan are attracting foreign investors. Moreover the 46 billion dollars investment in the China-Pakistan Economic Corridor will help Pakistan overcome chronic problems like power crisis and unemployment.
It was reported last month that the American index Morgan Stanley Capital International also inducted Pakistan in the 10 most emerging economies in the world.
It said KSE-100 Index has been performing the best among Asian markets during 2016 ranked as world s 5th best stock market.