ISLAMABAD: Pakistan’s Caretaker Minister for Commerce, Industries, and Production, Dr. Gohar Ejaz, during his visit to the Pakistan Stock Exchange (PSX), expressed the government’s commitment to strengthening the capital markets as a means to bolster the country’s economy.
He was chairing a key meeting with the board of directors of the Pakistan Stock Exchange (PSX) in Karachi. Pakistan Stock Exchange directors, securities brokers, and capital market representatives were also present at the meeting.
The minister highlighted that the caretaker government was implementing comprehensive measures across various sectors to stabilize and strengthen the national economy.
PSX Capitalization to GDP Ratio Lowest in Region
The MD and CEO of PSX, Farrukh Khan, discussed the potential for growth in the capital market and the need for government support, particularly in terms of market capitalization to GDP ratio, which is currently one of the lowest in the region.
The minister assured the participants that the government had sector-specific plans to address challenges and promote economic growth through the capital market.
Later, PSX board members presented a memento to Minister Dr. Gohar Ejaz.
