While investors flock to India and Vietnam, one market’s remarkable growth potential remains largely unnoticed: Pakistan.
Pakistan’s stock market, one of the world’s top performers over the past two years, remains significantly undercapitalized, relative to the size of the economy. Goldman Sachs now projects Pakistan will be a $3.3 trillion economy by 2050 and become the world’s 6th largest economy by 2075.
But cautious investors, influenced by past volatility and short-term crises, miss deeper structural tailwinds compounding in Pakistan’s favor.
To fully appreciate Pakistan’s overlooked potential, let's first explore the powerful long-term forces shaping its future, then examine medium-term hurdles it must overcome, and finally review recent short-term macro improvements that have already begun reshaping investor sentiment.
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