Federal Finance Minister Muhammad Aurangzeb announced that all provinces have agreed to enact an agricultural income tax and have signed an agreement for the new National Finance Commission (NFC) Award.
He stated that the International Monetary Fund program will support the preservation of the nation’s economic stability in an interview with News broadcast KHABAR Muhammad Malick Kay Saath*.
The speaker observed that the value of the Pakistani rupee has stabilized, and the country’s foreign exchange reserves, which were insufficient to meet one month’s worth of imports, have now increased to cover two months. In addition, he stated that the policy rate has dropped.
On Tuesday, Aurangzeb claimed on the broadcast that Khyber Pakhtunkhwa Chief Minister Ali Amin Gandapur’s “significant cooperation” made the agreement for the new NFC Award possible.
