ISLAMABAD: In order to stabilize Pakistan’s economy, Finance Minister Muhammad Aurangzeb has reaffirmed the government’s commitment to completing the International Monetary Fund (IMF) program and putting structural reforms into place.
According to Aurangzeb, who was speaking at an event in Islamabad, the country’s economy is beginning to improve, the current account deficit has decreased, and inflation has fallen to a 70-month low.
He emphasized the need to further fortify the foundation of economic stability by pointing out that inflation has fallen to its lowest level in 70 months.
The government will help private enterprise through policy, the finance minister said, especially in the housing industry, which he recognized as a major economic engine.