Pakistan rated among top emerging economies

By APP
Published: July 22, 2016
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PHOTO: Reuters

PHOTO: Reuters

ISLAMABAD: Another international ratings agency has put Pakistan among top emerging South Asian economies because of continuity of policies and political stability.

2015-16: China helps as FDI in Pakistan surges 38.8%

Atlantic Media Company (AMC) of the United States has ranked Pakistan as a comparatively stronger economy in South Asian markets and expects the country will grow rapidly during the days ahead.

According to an AMC report, Pakistan government’s investment in infrastructure and other development projects has caused the country’s gross domestic product to grow.

The economy: All is not well

“It is acknowledged internationally that Pakistan is surfacing as a ‘market leader’. Current economic conditions of Pakistan are attracting foreign investors,” AMC noted.

It said last month the American stock index provider MSCI also included Pakistan among 10 most emerging economies in the world.

AMC pointed out that the security situation in Pakistan had also improved, resulting in economic stability.

China’s Premier says world should step up economic policy coordination

Moreover, $46 billion investment in the China-Pakistan Economic Corridor would help Pakistan overcome chronic problems like power crisis and unemployment.

It said the KSE 100-share Index had been performing the best among Asian markets during 2016 and was ranked as world’s fifth best stock market.

Published in The Express Tribune, July 22nd, 2016.

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Reader Comments (22)

  • Indian Dude
    Jul 22, 2016 - 2:46AM

    What is this Atlantic Media Company. Nobody knows about these kinds of small companies.Recommend

  • Inshallah
    Jul 22, 2016 - 3:54AM

    Keep a cool head and maintain a low profile. Never take the lead – but aim to do something big. Recommend

  • Umair Khalid
    Jul 22, 2016 - 4:25AM

    what? really?Recommend

  • Laik
    Jul 22, 2016 - 11:40AM

    Why is the Chinese flag in the background in the graphic?Recommend

  • FAZ
    Jul 22, 2016 - 12:21PM

    @Indian Dude:
    “Pakistan’s economy continued to pick up in Fiscal Year 2015 as economic reform progressed and security improved. Inflation markedly declined, and the current deficit narrowed with favorable prices for oil and other commodities. Despite global headwinds, the outlook is for continued moderate growth as structural and macroeconomic reform deepens. Persistence will be required to overcome longstanding structural impediments to investment and enable faster growth. Read more from Asian Development Outlook 2016 ”

    This is from ADB’s website. However your envy and jealousy will keep your thinking power and the use of google to simply pornography I think..Recommend

  • Ali
    Jul 22, 2016 - 12:22PM

    @ Indian Dude, LOL if its such a small company then why are their words hurting you so much. Recommend

  • MashaAllah
    Jul 22, 2016 - 1:05PM

    PML N is delivering and we should appreciate them despite showing hate due to differences in politics.Recommend

  • Prada
    Jul 22, 2016 - 1:47PM

    Atlantic Media Company?
    Is it run by Mr.Ishaq Dar?Recommend

  • abood
    Jul 22, 2016 - 2:50PM

    @indian dude.doesnt mean if you dont know it so no one knowsit.well if you want to know more about it you can google it and self educate yourself coz thats imp for people like you to believe in reality.Recommend

  • Insaaf
    Jul 22, 2016 - 5:30PM

    Are you sure you are holding the list right way up?Recommend

  • Haji Atiya
    Jul 22, 2016 - 8:02PM

    As I said before, there are so many conflicting reports one doesn’t know what to believe. Didn’t we just read today that only 4 of the 89 economic targets were achieved by the current leadership and 3 of those merely brought about local infrastructure development rather than conferring nationwide benefits ?!Recommend

  • N.S
    Jul 22, 2016 - 8:47PM

    This was inevitable, Pakistan is a country of 200 million plus people, sixth largest in the world in population, and in land area as big as UK, Germany and Italy combined.

    Also the GDP of 280 billion USD is what is documented and the underground undocumented economy 45-50% of the total economy. So multiply the current GDP of 280 billion USD two times. Recommend

  • Najaf
    Jul 23, 2016 - 2:13AM

    Atlantic Media Company is a rapidly expanding media enterprise whose mission is to inform, elevate, and challenge the national discourse. This what it says if you google the company. This is not a big American financial company on Wall Street saying it.
    So AMC is hired by nawaz sharif govt to twist the facts and lie to Pakistani people that country is going in right direction.
    Tribune should investigate before posting a news article like this, unless it is a paid article Recommend

  • Raj Kumar
    Jul 23, 2016 - 3:20AM

    Facts are facts. If Pakistan is growing that is great news for the nation & for the region. Indians should not be jealous. Recommend

  • Humza
    Jul 23, 2016 - 4:45AM

    @N.S: I think we have to appreciate the work done by Nawaz Sharif and Ishaq Dar who have turned Pakistan’s economy around after so many years.Recommend

  • Jul 23, 2016 - 5:38AM

    I from Indonesia. In shaa Allah, Pakistan will more better in the future. I hope so.Recommend

  • Shamail
    Jul 23, 2016 - 10:19AM

    @Muhammad Faisal Al-Faruqi:
    Thanks for your best wishesRecommend

  • Najaf
    Jul 23, 2016 - 10:55AM

    Nawaz sharif has always ran his govt on gimmicks, and this is another one , AMC is a marketing company Pakistan is there client , right now AMC is marketing nawaz govt to Pakistani people which is full of lies. Economy grows if the investments are coming in from outside and within the country and there is not such thing going on even CPEC project is on holdRecommend

  • raider
    Jul 23, 2016 - 9:30PM

    @Humza:
    FDI decreased, exports decreased, loans increased manifold, where is that economy, we see conspiracy of west in every matter, how will they admire and want Pakistan to be prosperous, no they never, how do we believe in these superficial statements??? rather a segments of real pictures in our newspapersRecommend

  • sterry
    Jul 24, 2016 - 12:11AM

    @Najaf: Forget about AMC but try to see what is said about Pakistan in Western countries. I live in North America and Pakistan is seen as one of the few Muslim countries that is stable and progressing. Also it is seen as a democracy despite the misgivings we may have about it being a poorly functioning democracy. It’s sad that people in Pakistan can’t celebrate the fact that Pakistan’s economy is getting positive press in the West but want to discount all of the Western investment houses who are giving positive reviews from Finches, Standard and Poor’s, Moody’s banks etc. All I know is that things looked better on my last trip to Pakistan.Recommend

  • Ali
    Sep 9, 2016 - 8:48AM

    @Haji Atiya:
    The reports are only conflicting if you don’t understand economics. Recommend

  • Altaf
    Sep 28, 2016 - 12:54PM

    Atlantic Media is basically a PR agency. In essence, they are paid by their clients to publish glowing reports about them to make them look better. That is the nature of Public Relations. It is obvious that our country has engaged AMC to handle PR duties. When a PR exercise appears as news, it is misleading the public. Furthermore, it doesn’t make sense – the link appears in the same article as the one that says Pakistan remains among bottom 20 economies in Global Competitiveness Index. Recommend

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