‘Economic indicators show positive economic trajectory’

Malik highlights support from IMF, World Bank, friendly countries as positive signals for economy


APP May 27, 2024

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ISLAMABAD:

Minister for Petroleum Musadik Malik said on Sunday that both internal and external economic indicators suggest that Pakistan's economy is heading in the right direction.

In an interview with a private news channel, the minister noted that international economic institutions such as the IMF and World Bank, along with friendly countries, were providing positive signals about Pakistan's economic trajectory.

He maintained that internal economic indicators were also reflecting this optimism, with the stock market breaking records daily.

"This not only indicates restored external confidence but also an improvement in internal investor and business confidence," Malik said.

He added that delegations from foreign countries were visiting Pakistan, which demonstrated the correctness and stability of the country.

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