In a report released on Sunday, Pakistan’s finance ministry credited the recent jump in the country’s stock market to a successful International Monetary Fund (IMF) review carried out by a visiting delegation of the global lender against the backdrop of an improved macroeconomic scenario.
In recent years, Pakistan has encountered difficult financial circumstances due to the rapid devaluation of its national currency and diminishing foreign exchange reserves. The country is still actively seeking foreign investment in order to increase the influx of funds.