Karachi: Finance Minister Muhammad Aurangzeb has announced that Pakistan is progressing towards economic stability, attributing this advancement to the government’s strategic policies. Addressing the 8th edition of the Future Summit in Karachi, Aurangzeb highlighted several key indicators that signal the country’s positive economic trajectory. These include a reduction in the current account deficit, a rise in remittances, the stabilization of the rupee, and a decrease in the policy rate.
According to Ministry of Information and Broadcasting, Aurangzeb emphasized that the government’s initiatives have resulted in a significant drop in inflation, from thirty-eight percent down to a single-digit figure. He pointed out that the government is implementing short and medium-term policies designed to ensure the sustainability of the national economy.
Aurangzeb also underscored the importance of reforming government institutions. He stressed that such reforms are necessary to enhance transparency, address existing loopholes, and leverage technological advancements to bolster economic governance.