LAHORE, Dec 11: Caretaker Federal Finance Minister Dr Salman Shah has said that the economy had shown resilience and there had been no disruption in it due to political upheaval.

Inaugurating the BMA Trade flagship branch at Lahore Cantonment here on Monday, he has said that the stock market index had totally recovered and was maintaining its growth momentum despite the adverse political situation.

The participation of all the major political parties was an indicative of growing political maturity in the country.

He said our economy was among the fastest growing economies of Asia. The public debt to GDP ratio had reduced from 100 to 55pc during the past seven years and would reduce to 25 per cent during the next five years.

The economy had grown by $60 billion till 1993, but it grew by $100 billion during the past six years.

He said that Pakistan was the sixth largest country of the world with reference to population, but 100 million citizens in its 160 million population were below 25 years of age and had the potential to make it the sixth largest economy of the world during the next 50 years.

He said all the markets of the world were connected and could be contacted from Lahore as the world had become a global village.

The people should have confidence in future because the economy was growing and attracting foreign direct investment. Those who would make investment would earn big profits in future, he said.

BMA Capital Managing Director Moazzam M Malik said the company covered all aspects of capital market in the country and would offer all facilities available at the Karachi Stock Exchange.

Its comprehensive research portal had an up-to-date company news, daily trade tips and technical analysis for customers.

It also offers online opportunity to trade with margin in ready and future markets.