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  2. Pakistan was recently upgraded from a frontier economy to an emerging market in the MSCI index. This is an important signal given a changing global landscape, especially for emerging and developing economies.
    www.imf.org/en/News/Articles/2016/10/24/SP102416-Pakistan-Emerging-Markets-in-the-World-Economy
    www.imf.org/en/News/Articles/2016/10/24/SP102416-Pakistan-Emerging-Market…
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  3. People also ask
    Is Pakistan a frontier economy?Pakistan was recently upgraded from a frontier economy to an emerging market in the MSCI index. This is an important signal given a changing global landscape, especially for emerging and developing economies. Over the past few years, economic dynamism in the world economy has gradually been shifting—from advanced economies to emerging markets.
    Is Pakistan a developing country?Despite being classified as a developing economy, Pakistan has faced economic setbacks in recent years due to persistent political instability. The country is currently reliant on IMF bailouts, and grappling with an inflation rate exceeding 31 percent. Political instability further exacerbates its challenges.
    How can Pakistan improve its economy?This can be done by promoting private investment, strengthening exports, and raising productivity. Private investment in Pakistan today accounts for only 10 percent of the economy. In emerging markets however, the average is about 18 percent. Pakistan’s exports are about 10 percent of GDP; emerging markets’ exports are nearly four times as high.
    Will Pakistan's economy grow in 2023?Pakistan’s economy is expected to grow by only 0.4 percent in the current fiscal year ending June 2023. The slower growth reflects subdued private sector activity amid deteriorating confidence, import controls, belated fiscal tightening, and the impacts of the unprecedented floods of summer 2022.
     
  4. Pakistan and Emerging Markets in the World Economy - IMF

     
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