Tuesday, July 2, 2024 03:46 PM
The economy received a $6 billion boost from loans and international creditors, strengthening reserves and boosting market activities, leading to stability and growth opportunities.
The economy experienced a significant boost this year with a total of $3 billion received in loan tranches and an additional $3 billion from international creditors. This influx of funds has played a crucial role in strengthening foreign exchange reserves and instilling confidence among investors. The financial injection has paved the way for stability and growth in the economic landscape.
Furthermore, the futures market witnessed a remarkable surge in trading volumes, recording a notable 116% year-on-year increase. This surge translated into an average daily trading volume of 160 million shares, showcasing a robust performance in the market. Investors and traders have actively participated in the market, contributing to its vibrancy and dynamism.
The infusion of $6 billion into the economy has not only bolstered financial reserves but has also invigorated market activities. The increased trading volumes in the futures market reflect a positive sentiment and active engagement among market participants. This economic upturn bodes well for the future, promising stability and growth opportunities for the economy and its stakeholders.