PM Shehbaz Sharif to Visit PSX as Market Reaches 100,000 Points

Prime Minister Shehbaz Sharif is set to visit the Pakistan Stock Exchange (PSX) tomorrow to attend the traditional gong ceremony, marking a significant milestone as the PSX reaches 100,000 points. This visit comes as the Prime Minister emphasizes the need to honor International Monetary Fund (IMF) commitments and reduce the interest rate to 6% to boost investment and economic growth.

During his upcoming visit, the Prime Minister will likely highlight the country's progress in macroeconomic indicators, including an 11% increase in exports and a 34% increase in IT exports. He has also been stressing the importance of converting macro-level stability into sustainable economic growth, which is expected to be a key focus of his visit to the PSX. The Prime Minister's emphasis on reducing the interest rate is aimed at making room for more investment, which is crucial for achieving sustainable economic growth.

In addition to his focus on economic growth, PM Shehbaz Sharif has also been highlighting the importance of providing optimum healthcare facilities to the people. He has acknowledged the country's progress in healthcare, including the establishment of the Pakistan Kidney and Liver Institute and Research Center. The Prime Minister has also launched the Faceless Customs Assessment System at the Karachi port, which is expected to reduce the time for goods declaration from 42 hours to 12 hours. This move is aimed at improving the business environment and promoting economic growth.

As the Prime Minister visits the PSX, he is expected to reiterate his commitment to ensuring sustainable economic growth and providing quality healthcare facilities to the people. His emphasis on e-governance, collaboration from all stakeholders, and prudent decision-making is likely to be a key focus of his visit. With the PSX reaching 100,000 points, the Prime Minister's visit is expected to further boost investor confidence and promote economic growth in the country.