General

Pakistan Moving on Path of Economic Stability: Aurangzeb.


Karachi: Finance Minister Muhammad Aurangzeb has announced that Pakistan is moving on a path of economic stability, attributing this progress to the government’s prudent policies. Speaking at the 8th edition of the Future Summit in Karachi, he highlighted key indicators such as a decrease in the current account deficit, an increase in remittances, stabilization of the rupee, and a decrease in the policy rate as signs of the national economy moving in the right direction.

According to Radio Pakistan, Muhammad Aurangzeb emphasized that due to the government’s measures, inflation has significantly decreased from thirty-eight percent to single digits. He outlined that both short and medium-term policies are being implemented to ensure the sustainability of the national economy. Furthermore, he highlighted the importance of reforms in government institutions to enhance transparency, address systemic loopholes, and leverage technological advancements.