Asia

Political and Economic Landscape: Pakistan and India

  • Imran Khan faces 14 and 10-year sentences amid PTI setbacks. Local sentiment favors Nawaz Sharif's resurgence.

  • Pakistan dodges default with a USD 3 billion IMF loan supported by allies. It sees a surge in USD bonds and stock index.

  • Modi's popularity ensures political stability. India surpasses Hong Kong, becoming the fourth-largest stock market.

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February 2nd, 2024
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