Washington D.C, In a definitive stance before upcoming discussions with the International Monetary Fund, Finance Minister Muhammad Aurangzeb has dismissed the possibility of any significant devaluation of the Pakistani rupee. The announcement came during a roundtable with the Bloomberg team where the Minister cited several economic strengths.
According to Ministry of Information and Broadcasting, Minister Aurangzeb emphasized the robust state of Pakistan’s economy, pointing to solid foreign-exchange reserves, a stable currency, rising remittances, and steady exports as key factors supporting the current valuation of the rupee. He expressed confidence that these indicators provided no basis for devaluation.
Further, the Minister outlined the government’s strategic focus on enhancing industries, agriculture, and the information technology sector, aiming to elevate national growth above four percent in the next few years.