Bloomberg Praises Field Marshal Asim Munir’s Role in Strengthening Pakistan’s Economy

The globally recognized credible journal Bloomberg has Praising Field Marshal Syed Asim Munir said that Pakistan’s economy is stabilizing again while issuing a report on the Pakistani economy.

The report in this regard revealed that the public is expressing confidence in the stock market and has ended years of uncertainty in Pakistan.

However, the largest of the Big Three credit-rating agencies, S&P Global Ratings and Fitch, have upgraded Pakistan’s credit ratings, both praising the prime minister’s improved fiscal management and reform initiatives.

Bloomberg went on to claim that Field Marshal Syed Asim Munir’s efforts to improve relations with the United States have increased investors’ confidence, and the extension of his term until 2030 has further increased expectations of stability in the nation.

According to the report, the daily turnover of the Pakistan Stock Exchange (PSE) exceeded $200 million in October, and 36,000 new trading accounts were opened in the stock market in the first quarter of this year.

Furthermore, there has been a major increase in the number of small investors in the Pakistan Stock Market, with Bloomberg additionally adding in its report that the PSE’s 100 Index has significantly surged by 40% this year.