Sunday, April 21, 2024

London Stock Exchange Congratulates Pakistan on Its ‘Return to International Markets’

Dr. Shahbaz Gill, Special Assistant to the Prime Minister on Political Communication, took to Twitter to post a tweet from the London Stock Exchange (LSE) congratulating Pakistan on its return to international markets after four years.

On April 13, the LSE tweeted, ‚ÄúCongratulations to Pakistan’s Islamic Republic on their return to international markets after a four-year absence. Pakistan enters more than 300 active sovereign bonds raising over USD 3 trillion with its triple tranche USD 2.5 billion bonds listed on @LSEplc’s International Securities Market.”

Dr. Gill took aim at the ruling PTI’s critics, claiming that “thieves” had ruined Pakistan’s economy through their loot, quoting a tweet from the London Stock Exchange.

Fortunately, the economy has recovered thanks to Prime Minister Imran Khan’s efforts, he added.

Last month, the country issued three different eurobonds on the international market, with maturities varying from 5 to 30 years and interest rates ranging from 6% to 8.87 percent.

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