Pakistan on way to become emerging market due macroeconomic reforms: EuroMoney    

Pakistan on way to become emerging market due macroeconomic reforms: EuroMoney    

ISLAMABAD: (APP) A London-based magazine 'Euromoney' in its report published on Thursday appreciated Pakistan's significant progress in strengthening macroeconomic condition in the country since past years.

According to radio channel, it said that Pakistan will soon join Morgan Stanley Capital International emerging markets index for implementing effective economic reforms.

The magazine said Pakistan has made significant progress in strengthening macroeconomic stability by reducing the budget deficit and rebuilding foreign-exchange reserves.

It further said that Pakistan's macroeconomic outlook is also favorable and contingent on sustained implementation of economic reforms in the country.