Pakistan Stock Exchange inaugurated

ISLAMABAD (Staff Report) - Finance Minister Ishaq Dar has said the future of Pakistan is bright and there should be no politics over projects of national interest.

Addressing the inaugural ceremony of Pakistan Stock Exchange here on Monday, the finance minister said the integration of Islamabad, Lahore and Karachi Stock Exchange is a historic day.



Ishaq Dar congratulated the nation on the occasion and said that role of stock exchange is vital for country’s progress and economic stability. He added that a road map has been devised for economic revival.

"The PML-N government is committed to prosperous and developed Pakistan. Foreign investors are taking keen interest for investment in various sectors,: said Dar, claiming that the government proved the predictions about the country that were made in 2012 and 2013 as wrong by its prudent polices.

"Pakistan has become the second most attractive place for investment in the region," he added.

Pakistan Stock Exchange has formally started functioning in Karachi after merger of the stock exchanges of Karachi, Lahore and Islamabad.

Speaking about the war against terror, Ishaq Dar said government is determined for elimination of menace of terrorism from the country. “Over all law and order situation has improved in the country,” he added.

The integration of three exchanges has completed the second phase of the Stock Exchanges Demutualisation and Integration Act 2012, passed by a joint session of Parliament.

The integration of three exchanges will pave the way for more foreign investor's interest.