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People who speak bad about Pakistan and the country’s government never get tired of saying that the economy of Pakistan is destroyed because the stock market reflects the economy. This argument is given by those people who do not know about the economy or the stock exchange. By saying such things, they mislead the people that the performance of the current government is not good and that if there was a previous government, today the economy would have been flourishing.
So let’s look at some facts, it is true that the stock market reflects the economy and the economy and stock markets around the world have been under pressure for the past 12 months, the world’s largest economy and stock market is the US. In fact, US markets have been going down for 12 consecutive months, if we talk about Nasdaq 100 USA, it has come down by 27% in 12 months, on the other hand, if we talk about Russia, the Russian market RTS has shaded by 31% so far.
Germany’s market MDAX is down by 26.2%, now when he talk about Asia, the largest market in Asia, Hong Kong’s Hang Sang, is down 19%, in addition, the market of the Republic of Korea KOSPT, is down by 17.03%. At the same time, the Shanghai market of China has come down by 12.85%, now if you analyze the markets around the world, Pakistan’s stock market is also seen coming down, which has lost 12.5% of its volume within 12 months.
It is thought that the investors are being misled by spreading negative news about the Pakistan market so the market is under pressure due to fear and the investors have stopped investing in Pakistan, the volatility of the stock market. It is driven by market sentiment and facts i.e. fundamentals, if the market fundamentals are weak and the sentiment is also negative, then there is pressure in the market.
10 to 15% if pressure is seen on the market index then it is called correction in the market and after 15% it is said that the market is going towards bearish, bearish market again turns into a bullish market when the economy is improving. People who work in the stock market are always keeping an eye on the economies around the world and are watching the actions and sentiments of the government and people in those countries. Propaganda is being done against Pakistan’s economy and stock market so that country’s economy remains under pressure and goes towards destruction.
It is a fact that the economies of the world are under pressure and at the same time Pakistan’s economy is also under pressure, but instead of releasing this pressure, the enemies of the country are trying to defame it further. Be it the United States, China, India, or France, where Pakistan used to export, today the economies of those countries are also under immense pressure, which is the reason why they are importing less from Pakistan than before. Due to this Pakistan’s exports are seen declining.
Considering the international situation, this government, seeing its exports decreasing, set up a strategy to reduce its imports and the import of non-essential items was stopped so that our trade deficit decreased, along with the dollar. Between 200 and 240 in four months, investment has been discussed from various countries, leading to hopes that Saudi Arabia will soon set up a $15 billion refinery in Pakistan, along with China and Pakistan. What has happened is the 10 billion dollar deal, the investment in Pakistan’s bullet train is going to start.
Apart from this, Russia will soon invest in the CPEC projects and it will also benefit Pakistan. Islamabad’s enemies do not want this at all, so they will try their best to lead Pakistan to default, the main reason for going into default is spreading fear and panic within the country, increasing political tension and turning the people of the country against the army and for the same agenda, our enemies in the country for the last several months through negative social media. They are spreading propaganda and some ignorant Pakistanis become part of the propaganda of these enemies against their own country by coming to their negative propaganda.
One thing should be kept in mind 132 countries in the world have defaulted and a country like Greece has also defaulted due to 127 billion dollars in the past, but again Greece improved its economy, only because of the patriotism of the Greek people. The same is possible in Pakistan’s case. If you love Pakistan, Pakistan can brighten its future by facing all the difficulties. Remember that in a house where people fight with each other and there is no coincidence, that house can never progress, for the sake of God, change your thinking, and do not talk negative. I do not mean people start living in the world of dreams. Live life, situations are always difficult but one have to face it as there is no way to run.
