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HomePakistanInflationary pressures eased and exchange rate stable, Finance Minister

Inflationary pressures eased and exchange rate stable, Finance Minister

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Inflationary pressures eased and exchange rate stable, Finance Minister

Finance Minister’s address at the JP Morgan Seminar on Pakistan’s Economic Policy Outlook in Washington DC. (Photo: AFP)

Islamabad/Washington: Finance Minister Muhammad Aurangzeb has said that the pressure of inflation has decreased and the exchange rate is stable while the trade deficit is decreasing.

Addressing the JP Morgan Seminar on Pakistan’s Economic Policy Outlook in Washington DC, Finance Minister Muhammad Aurangzeb said that the government is committed to the reform program for sustainable economic development and growth in the country.

He also outlined three key reform areas of taxation, energy and privatisation.

Mohammad Aurangzeb said that the agricultural sector has performed strongly this year, the main indicators of the economy including remittances are reflecting better performance.

The Finance Minister said that the government is committed to engaging in a broader expansion program with the IMF.

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