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PR No. 126 Islamabad: June 17, 2016

President Mamnoon Hussain telephoned Finance Minister Senator Ishaq Dar and congratulated him on up-gradation of Pakistan to Emerging Markets status. The President noted with appreciation that due to sound and sustained economic policies of Finance Minister and his team, Pakistan qualified for Morgan Stanley Capital International (MSCI) Emerging Markets Index.

The President hoped that reclassification of Pakistan Index by MSCI would further open up the country’s market for both domestic and foreign investment as Pakistan offers liberal and friendly investment opportunities. President Mamnoon expressed optimism that this would not only boost Pakistan’s national economy but also raise the country’s economic standing in the international markets and investors’ confidence will grow.

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