BR100 Decreased By (-0.54%)
BR30 Decreased By (-0.74%)
KSE100 Decreased By (-0.42%)
KSE30 Decreased By (-0.37%)
AGHA 6.62 Decreased By ▼ -0.05 (-0.75%)
BECO 4.39 Increased By ▲ 0.04 (0.92%)
BML 54.95 Decreased By ▼ -1.22 (-2.17%)
BOP 29.93 Decreased By ▼ -0.19 (-0.63%)
CNERGY 12.80 Decreased By ▼ -0.18 (-1.39%)
CSIL 5.20 Decreased By ▼ -0.11 (-2.07%)
FCCL 51.18 Decreased By ▼ -0.47 (-0.91%)
FFL 14.40 Decreased By ▼ -0.09 (-0.62%)
FNEL 1.23 Increased By ▲ 0.02 (1.65%)
KEL 6.03 Decreased By ▼ -0.03 (-0.5%)
KOSM 5.60 Decreased By ▼ -0.24 (-4.11%)
LOTCHEM 26.07 Decreased By ▼ -0.10 (-0.38%)
MLCF 89.90 Decreased By ▼ -1.33 (-1.46%)
NBP 162.53 Decreased By ▼ -1.66 (-1.01%)
NCPL 52.37 Decreased By ▼ -0.81 (-1.52%)
NPL 57.85 Decreased By ▼ -1.27 (-2.15%)
OGDC 313.00 Decreased By ▼ -0.39 (-0.12%)
PACE 9.71 Decreased By ▼ -0.06 (-0.61%)
PAEL 34.90 Decreased By ▼ -0.34 (-0.96%)
PIBTL 14.37 Decreased By ▼ -0.34 (-2.31%)
PPL 219.15 Decreased By ▼ -2.21 (-1%)
PRL 91.60 Increased By ▲ 0.38 (0.42%)
PTC 59.25 Increased By ▲ 0.06 (0.1%)
SSGC 23.37 Increased By ▲ 0.07 (0.3%)
TBL 8.65 Decreased By ▼ -0.10 (-1.14%)
TELE 7.47 Decreased By ▼ -0.14 (-1.84%)
TPL 21.32 Decreased By ▼ -0.71 (-3.22%)
TPLP 12.14 Decreased By ▼ -0.42 (-3.34%)
TREET 21.64 Decreased By ▼ -0.09 (-0.41%)
TRG 55.20 Decreased By ▼ -0.59 (-1.06%)
Pakistan

PM's vote of confidence will help attract investment in Pakistan: Bloomberg

  • Bloomberg states that Khan's victory could help Pakistan recover economically from the pandemic-induced contraction with the help of the International Monetary Fund’s six billion dollars loan programme
  • Prime Minister Imran Khan won the confidence of the National Assembly after 178 out of 342 lawmakers expressed their trust in his leadership.
Published Updated

(Karachi) A New York-based international news agency Bloomberg has said that Prime Minister Imran Khan’s vote of confidence in the National Assembly gave a boost to his government and may help attract investments in Pakistan, local media reported on Wednesday.

In its report, Bloomberg stated that Khan's victory could help Pakistan recover economically from the pandemic-induced contraction with the help of the International Monetary Fund’s six billion dollars loan programme.

The agency said with US President Joe Biden urging allies to uphold democracy, stability in Pakistan is an advantage in the region, which is already reeling from a coup in Myanmar.

Prime Minister Imran Khan won the confidence of the National Assembly after 178 out of 342 lawmakers expressed their trust in his leadership.

He took a confidence vote on March 6 to know if the country's MNAs trust him or not.

The PM decided to hold a confidence poll after PTI's candidate Abdul Hafeez Shaikh lost the Islamabad Senate seat to PDM's Yousaf Raza Gillani by a difference of five votes.

Comments

Comments are closed for this article.