Mentee
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So even if our GDP growth remains constant we can still manage to get a place in the g 20 by the end of this decade kudos
Pakistani Economy Achieves 6% Growth rate
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sady
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Geo conveniently left this from the same article.
http://www.forbes.com/sites/panosmo...istans-big-stock-market-rally/2/#7267be6566d6
Then there’s corruption and cronyism, which lead to large government budget and current account deficits, while constraining competition and technological progress. In spite of some progress in the last five years, Pakistan is still high up on Transparency International’s Corruption Index.
Country Corruption Index in 2010 Corruption Index in 2015
Pakistan 143/168 117/168
India 87 76
Estonia 26 23
USA 22 16
Source: Transparency International
And revolution can only be around the corner, as the country suffers from poor enforcement of the law, sharp income inequalities, and territorial disputes with India.
Adding to these concerns over the future of Pakistan’s equities is rising US interest rates, which make investing in emerging and frontier markets less appealing than shopping around inside the US economy.
That’s why investors should be very cautious about pouring more money into Pakistan’s equities at this point.
However inspite of everything great achievement I must say, atleast going in right direction. We need to address nepotism, corruption ,social discord and increase tax base.
http://www.forbes.com/sites/panosmo...istans-big-stock-market-rally/2/#7267be6566d6
Then there’s corruption and cronyism, which lead to large government budget and current account deficits, while constraining competition and technological progress. In spite of some progress in the last five years, Pakistan is still high up on Transparency International’s Corruption Index.
Country Corruption Index in 2010 Corruption Index in 2015
Pakistan 143/168 117/168
India 87 76
Estonia 26 23
USA 22 16
Source: Transparency International
And revolution can only be around the corner, as the country suffers from poor enforcement of the law, sharp income inequalities, and territorial disputes with India.
Adding to these concerns over the future of Pakistan’s equities is rising US interest rates, which make investing in emerging and frontier markets less appealing than shopping around inside the US economy.
That’s why investors should be very cautious about pouring more money into Pakistan’s equities at this point.
However inspite of everything great achievement I must say, atleast going in right direction. We need to address nepotism, corruption ,social discord and increase tax base.
Muhammad Omar
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OFFICIAL REPORT ON FORBES
What Could Kill Pakistan's Big Stock Market Rally?
Panos Mourdoukoutas ,
CONTRIBUTOR
Pakistan’s stock market has been on a tear in recent years. The country’s main KSE index has gained close to 400% since 2009, and 40% this year alone—leaving neighboring markets in the dust.
Pakistan’s equities have had a number of things going their way, like an improving macroeconomic environment—rising economic growth and falling inflation and interest rates. The country’s economy grew close to 6 percent in 2016, up from 4.8 percent in 2015, with inflation running around 4 percent, down from 10 percent four years ago. And the 10 year Treasury bond has yielded 8 percent, down from 12.5 percent four years ago.
Index/Fund 12-month Performance
Global X MSCI Pakistan (PAK) 29.25%
IShares China (FXI) 10.28%
iShares S&P India 50 (INDY) 0.93%
iShares MSCI Emerging Markets (EEM) 7.75%
Source: Finance.yahoo.com 12/23/2016
Then there are a couple of overseas endorsements for Pakistan’s market reforms. Like $1 billion in support from the World Bank – and a couple of domestic acquisitions from foreign suitors, such as the acquisition of Karachi’s K-Electric by Shanghai Electric Power Co.
Another overseas endorsement was the inclusion of Pakistan’s market into MSCI’s emerging market index.
So what could kill Pakistan’s big stock market rally?
The usual suspects that haunt frontier and emerging markets: inflation, corruption, and revolution. Not always in the same order.
At least that’s the experience of South Asia and Latin American countries which have been in a similar position before.
Pakistan’s low inflation, for instance, is hard to maintain at these levels, as a poor infrastructure creates bottlenecks, which could push prices of basic commodities higher. Besides, Pakistan is heavily reliant on imported oil, which has almost doubled since last January.
Then there’s corruption and cronyism, which lead to large government budget and current account deficits, while constraining competition and technological progress. In spite of some progress in the last five years, Pakistan is still high up on Transparency International’s Corruption Index.
Country Corruption Index in 2010 Corruption Index in 2015
Pakistan 143/168 117/168
India 87 76
Estonia 26 23
USA 22 16
Source: Transparency International
And revolution can only be around the corner, as the country suffers from poor enforcement of the law, sharp income inequalities, and territorial disputes with India.
Adding to these concerns over the future of Pakistan’s equities is rising US interest rates, which make investing in emerging and frontier markets less appealing than shopping around inside the US economy.
That’s why investors should be very cautious about pouring more money into Pakistan’s equities at this point.
What Could Kill Pakistan's Big Stock Market Rally?
Panos Mourdoukoutas ,
CONTRIBUTOR
Pakistan’s stock market has been on a tear in recent years. The country’s main KSE index has gained close to 400% since 2009, and 40% this year alone—leaving neighboring markets in the dust.
Pakistan’s equities have had a number of things going their way, like an improving macroeconomic environment—rising economic growth and falling inflation and interest rates. The country’s economy grew close to 6 percent in 2016, up from 4.8 percent in 2015, with inflation running around 4 percent, down from 10 percent four years ago. And the 10 year Treasury bond has yielded 8 percent, down from 12.5 percent four years ago.
Index/Fund 12-month Performance
Global X MSCI Pakistan (PAK) 29.25%
IShares China (FXI) 10.28%
iShares S&P India 50 (INDY) 0.93%
iShares MSCI Emerging Markets (EEM) 7.75%
Source: Finance.yahoo.com 12/23/2016
Then there are a couple of overseas endorsements for Pakistan’s market reforms. Like $1 billion in support from the World Bank – and a couple of domestic acquisitions from foreign suitors, such as the acquisition of Karachi’s K-Electric by Shanghai Electric Power Co.
Another overseas endorsement was the inclusion of Pakistan’s market into MSCI’s emerging market index.
So what could kill Pakistan’s big stock market rally?
The usual suspects that haunt frontier and emerging markets: inflation, corruption, and revolution. Not always in the same order.
At least that’s the experience of South Asia and Latin American countries which have been in a similar position before.
Pakistan’s low inflation, for instance, is hard to maintain at these levels, as a poor infrastructure creates bottlenecks, which could push prices of basic commodities higher. Besides, Pakistan is heavily reliant on imported oil, which has almost doubled since last January.
Then there’s corruption and cronyism, which lead to large government budget and current account deficits, while constraining competition and technological progress. In spite of some progress in the last five years, Pakistan is still high up on Transparency International’s Corruption Index.
Country Corruption Index in 2010 Corruption Index in 2015
Pakistan 143/168 117/168
India 87 76
Estonia 26 23
USA 22 16
Source: Transparency International
And revolution can only be around the corner, as the country suffers from poor enforcement of the law, sharp income inequalities, and territorial disputes with India.
Adding to these concerns over the future of Pakistan’s equities is rising US interest rates, which make investing in emerging and frontier markets less appealing than shopping around inside the US economy.
That’s why investors should be very cautious about pouring more money into Pakistan’s equities at this point.
SarthakGanguly
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Congrats. 
Muhammad Omar
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Actually on Forbes
IK is focussed on one and only one thing...bringing govt down...... his obsession and failure of achieving it has allowed ppp to be resurrected from the grave.... with 18 months left in elections... he is still wondering from assembly to road to court to assembly and soon back on roads..... how long can PTI can survive this.... surely now ready to loose every thing to ppp in next elections
Your own government report
Pakistan gdp growth rate for 2015-2016 financial year is 4.7%
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His obsession has become failure and with him go down hopes of people like me who want PTI to remain a 2nd Majority if not 1st.
I support PTI and don't have obsession with PMLN either.
Rather listen to Forbes than our Governments who can't control a great self sustaining economy.Your own government report
Pakistan gdp growth rate for 2015-2016 financial year is 4.7%
You can visit imf website for growth projections
Good if it has but looks unlikely. Pakistan fiscal year runs from July to June. Therefore for the current fiscal year only 1 quarter data would be available (July-Sep). So i don't understand how the 6% estimate has been arrived at when 3 quarters remain. In case the author is talking about calendar year - that would mean the estimate is based on data from 3 quarters (Jan - Sep) and since the last year growth was only 4.8% the Pakistan must have grown in the range of 7-8% in the last quarter and maintain the same rate in the Oct-Dec quarter - which also means that all the estimates from global agencies would be wrong by more than 50%. Bottom line- looks statistically impossible.
PAKISTANFOREVER
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Clutch
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That is my sentiment as well. PTI has been it's own worst enemy.
They just don't get it... people want you to help solve problems not just resort to endless fruitless protests.
Even the Chinese, concerned about their CPEC investments, had to pull the PTI into the room by their ears and ask them to get their act together. After which the PTI come out saying we aren't against "Chinese CPEC" we are just against "PML-N CPEC" .... Another childish rant by PTI. I like you IK, but you need to stop being a man-child.
Show me your performance report PTI!
PS* I am politically agnostic.... But still believe PPP is the devil.
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