Sustainability of Pakistan’s Economic Fundamentals

It is quite established by now both within and outside the country that the economic fundamentals in Pakistan have taken a turn for better during the last four and a half years. For the first time Pakistan has successfully completed a four-year programme with the IMF and has decided to exit from its supervision and monitoring. The international financial markets have reposed their confidence in the strength of Pakistan’s economy by oversubscribing to Pakistan’s Eurobond floatation at fine prices. The domestic capital and financial markets have never been so buoyant as they are these days.