Federal Finance Minister Muhammad Aurangzeb has said that good news has started coming for the economy, the country is moving towards economic stability.
Addressing the event in Islamabad, he said that the State Bank has reduced the interest rate. Global confidence has improved with the new loan program of the International Monetary Fund (IMF).
Mohammad Aurangzeb said that Prime Minister Shehbaz Sharif wants to declare this IMF program as the last program. Good news has started coming in for the economy, Fitch has upgraded Pakistan’s rating.
The government’s job is not to do business, the private sector has to run the country, Muhammad Aurangzeb
He said that if the government wants to promote the activities of the private sector, it will not be involved in a business that the private sector does. We have to move forward, we have limited opportunities, we have to take the capital market agenda forward.
The federal minister said that if we want to make the IMF program last, we have to increase exports, bring foreign investment into the country. At present the difficult currency is coming due to miss matches.
He further said that we have to work on such projects that bring foreign currency into the country.
